TAKE Solutions Ltd, in collaboration with BaseCon, a reputed Danish pharmacovigilance products company, has launched a new range of pharmacovigilance solutions for the Asia Pacific pharmaceutical companies.

The collaboration will broaden TAKE's current offerings in the life sciences spectrum to the Asia Pacific region. TAKE Solutions is a technology-enabled business solutions provider with expertise in the life sciences and supply chain management arenas.

R Yeleswarapu, president & CEO, TAKE Solutions, while explaining the benefits of the product, said that the company's drug safety surveillance solutions are offered via completely web-based, hosted, secure platform and this makes it easy for its customers to implement this solution in a short timeframe.

Talking about the pricing benefit, he added, "Our customers pay for what and how much they use as our product is priced on the number of adverse events being handled, a model that is very relevant to Indian market. This pricing structure is very appealing not only to small and medium biopharmaceutical companies, but also for generic companies where the adverse events volume is generally less."

This partnership would help the entire Indian pharma industry to compete with the global pharma companies and also help enhance the potential in this sector, the company claimed.