Scientist.com Creates Blockchain Solution That Ensures Marketplace Data Integrity

Published on
April 30, 2018

SAN DIEGO - Scientist.com, the life science industry’s leading online marketplace for outsourced research, announced today that it has launched DataSmartTM, a platform to ensure data and information integrity. DataSmartTM is based on proprietary blockchain technology developed by Scientist.com.

 

“Blockchain’s ability to ensure the integrity of information is the basis of its use in cryptocurrencies.  In biopharma research we need blockchain technology to verify and validate the supply chain and to ensure the integrity of research data,” stated Chris Petersen, CTO and Founder. “Our new DataSmartTM platform enables pharmaceutical and biotech companies to demonstrate that critical supplier information and important research data has not been tampered with and remains unaltered.”

 

Much of the data created during late-stage preclinical and clinical phases of drug development is submitted electronically to regulators prior to drug approval.  Biopharma companies need to prove to regulators that the data has not been tampered with since it was first obtained. Within the biopharma industry, late-stage preclinical and clinical research is subject to the strict guidelines of 21CFR Part 11, under which electronic records are considered trustworthy and equivalent to paper records. 

 

“The cost and time spent adhering to 21CFR Part 11 has made it prohibitive to ensure data integrity at earlier stages of the drug discovery and development process,” commented Kevin Lustig, CEO and Founder. “Our new DataSmartTM platform makes it possible to extend data integrity protections throughout the entire drug research process, from concept to clinic and beyond.”

 

Scientist.com

Scientist.com is the world’s largest and first platform built for the intricacies of scientific outsourcing.

We help pharmaceutical and biotechnology organizations discover, engage, manage, and scale relationships with the providers that support every stage of the pipeline—from discovery and preclinical research to clinical development, manufacturing, medical affairs, and commercialization. Through a centralized platform, organizations can access a global network of 6,000+ providers, streamline sourcing and procurement workflows, maintain compliance, manage supplier relationships, and leverage data-driven insights to make faster, more informed decisions.

Today, Scientist.com supports more than 130 life science organizations, including 24 of the world's top 30 pharmaceutical companies, helping teams reduce operational complexity, accelerate timelines, and bring innovations to patients faster. Our mission is to make it possible to cure all human disease by 2050.

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