Business information provider Thomson Reuters, US, has announced the launch of Thomson Reuters Cortellis, a competitive intelligence solution for the life sciences industry. The solution seeks to bring together the company's best-in-class drug research and development data and the latest information management technology. The aim is to transform the way pharma and biotech professionals access and use data across the entire drug research and development life cycle.
The technology is projected to enable companies to access data hosted within Cortellis and merge it with their own data, or with public data sources. A key element of the technology is that it will widen access to Thomson Reuters data. This allows customers to access through an API (application programming interface) and a software development toolkit, enabling them to build tailored applications that meet the specific needs of their end-users.
Designed to meet the competitive intelligence needs of pharma and biotech companies of all sizes, Cortellis includes Thomson Reuters' competitive intelligence content combined with new tools to support more detailed analysis of the drug pipeline and licensing opportunities.
The solution is said to offer up-to-the minute information on the global drug pipeline, as well as deal information, patent filings, breaking industry news and conference coverage. These are integrated with TIBCO Spotfire visualisation and analysis tools, including a pipeline competition matrix and a pipeline funnel charting tool.
Thomson Reuters Cortellis is reported to deliver impressive search speeds and more relevant results due to an all-new search engine and a highly intuitive user interface with new indexing and ontologies. The new search engine allows for rapid free-text searching, making it possible for users to search across the solution's entire drug data without the need to design complex search strategies. The Cortellis solution is also compatible with mobile devices, including smartphones and tablet devices, providing a more interactive user experience, and the freedom to search and stay informed while on the go.
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