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As important, life sciences organizations across the spectrum face escalating challenges around the complexity and costs associated with an ever-expanding set of regulatory requirements both in the United States and around the globe. Many are turning to Oracle and its infrastructure software and extensive suite of integrated applications for clinical research and development, manufacturing, supply chain management, and Customer Relationship Management (CRM) to help them thrive as they extend the boundaries of medical care. A recent study by independent IT consulting firm Mainstay Partners quantifies the benefits that Oracle delivers to the industry. Companies in the life sciences industry running Oracle applications have returns on capital that are four times higher and are three times more profitable than peer organizations not running Oracle.
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