Several Indian Pharmaceutical companies have off late been going through USFDA inspections, product recalls and quality issues which have had a negative impact on both, their business and image. Incidents such as these draw attention to the importance of compliance in the pharmaceutical industry.The pharmaceutical and life sciences industry is among the most heavily regulated industries in the world and require strong systems and processes in place to meet international compliance. In such a scenario it becomes increasingly critical for such companies to have a system that help them simplify these regulatory complexities. Helping such companies is Karomi Technology, which has been offering customized software solutions to enhance organizational efficiency by optimizing their business processes. The company is on a mission to help life sciences companies mitigate the inherent damage to productivity, profitability, brand reputation and patient safety.

Pharmaceutical packaging: An innovation-driven industry

Pharma companies are facing the most difficult periods in their history. Current products are rapidly going off patent, new product pipelines are weak, traditional markets are stagnating and new markets are evolving rapidly. In response to these challenges, Pharma companies are launching as many product variants in as many markets as possible. In these launches much or all of the physical packaging design is already established and its the artwork that changes every time. It is this artwork design and maintenance capability that becomes critical to achieving and maintaining the objectives of both the Pharma and generic drug companies.

For a large global pharmaceutical company, developing artwork for thousands of products is typically a process involving hundreds of people, in over a hundred countries, from tens of different organizations. To orchestrate all of this activity, the right combination of business processes, organization design, information technology, facilities, and suppliers has to be managed. Smaller organizations, though on a lesser scale, face the same challenges.

"Karomi is one of the few companies who can provide the right balance of technology to address this challenge" says Vilva Natarajan, Founder and CEO of Karomi Technology. "While companies have used ERP and PLM to help strengthen their product development process, it does not sufficiently deliver on improving the development of packaging and artwork. Karomi's Artwork Management System helps Pharma companies in solving this problem while seamlessly integrating with their ERP system",adds Natarajan.

A Plethora of Solutions

Considering that one of the largest single causes of product recall is due to packaging errors, there is always a need for a system which will help in compliance and speed to market. With a platform based, future ready solution Karomi helps companies in timely launch of products, effective management of processes, and robust control over distribution of digital assets. The company has a Smart Suite for Life Science companies, designed to help improve operational efficiency across departments. Solutions like Karomi'sSmartQA LS helps Life Science companies to manage Non-Conformances, Deviations, Customer Complaints, SOPs, Training and Change Control all linked to a central CAPA system.The company's SmartMarket LS solution helps organizations manage Brand Assets and Approval Process of marketing material like leave behind leaflets, visual aid folders, brand reminders, flash cards, chemist booklets, etc. Also, to manage Legal Contracts & Agreements, Litigations and Intellectual Property (Patents, Trademarks, and Copyrights), Karomi offers SmartLegal LS.

The Road Ahead

With a decade of experience, Karomi has clients across Pharma, FMCG, Aviation, Banking and other large Enterprise verticals. "Through our offices in the UK and in India, Karomi helps Pharma companies address their challenges both in the regulated markets as well as in the domestic market." says Natarajan. The company envisions itself as one of the leading players in the Life Science Solutions space and has plans to expand at a very rapid rate. Given the company's forward looking and well rounded solutions, greater success is not far away from Karomi.