Paragon: Empowering Life Sciences Digitization

Ravi Shankar, Executive VP

Digital transformation is sweeping through the complex health and life sciences ecosystem and its myriad of stakeholders are eager to adopt these innovative changes to enhance their business outcomes. In this ever-evolving landscape, health and life sciences organizations seek a trusted partner who can help them leverage the right technology to transform their strategy and operations. With a vision to assist health and life sciences organizations advance, the New Jersey-based company Paragon offers business and technology consultancy services that help these organizations achieve their business goals. “We power business transformation for our clients to achieve high performance, compliance, and connected health,” states Ravi Shankar, Executive VP of Paragon.

While the wave of digital transformation envelops the technology world, Paragon enables organizations to extract maximum value out of their enterprise investments while reducing business risks. The wide array of industry-focused solutions that Paragon brings to the table encompasses life sciences functional areas such as research & development, quality &manufacturing, commercial, corporate and enterprise functions. The firm’s portfolio of consultancy services enables clients to offer patient-centric services and streamline information flow between payers, providers, and pharmaceutical companies optimizing commercial market access. Paragon has streamlined the process of planning, managing, and running clinical trials and regulatory affairs by equipping R&D organizations with technology capabilities that integrate process management, content management, metrics, and information governance.

With significant M&A action sweeping the industry, Paragon’s specialized methodologies for biopharma, med device manufactures, insurers and providers, enables organizations to consolidate or migrate into enterprise platforms maximizing cloud adoption while reducing compliance risks.

We help our customers drive value through high performance, compliance, and connected health

Paragon also partners with technology innovators and leaders (e.g. Veeva, Microsoft, ModelN etc.) to integrate their technology with its services to enhance the adoption and migration of regulated information management solutions for life sciences organizations. Paragon’s deep expertise in digital information management and business processes translates into a host of services that blend process, organizational change and technology architecture, information modeling and migration. This has allowed the firm to maximize the potential of its services in the realm of knowledge management, data management, content automation, and information archiving.

Paragon’s consultancy prowess extends to quality and manufacturing arena as well to streamline the manufacturing process, reduce compliance costs, and build a standardized and global platform for various processes. “Paragon’s services have been instrumental in diagnosing the problems from a business-first perspective followed by the right technology adoption,” Shankar adds. Shankar highlights an instance, wherein a large Pharma company wanted to improve knowledge management across multiple sites to facilitate the exchange of best practices and information sharing among scientists on a global basis. Paragon implemented SharePoint powered services blended with change management that brought all the knowledge management best practices under one umbrella, effectively eliminating the impediments faced with adoption and organizational boundaries.

Paragon’s successful journey of over three decades in the lifesciences space speaks volumes about its value-based work culture, which thrives to establish long-term relationships with its clients. The firm also inculcates the spirit of entrepreneurship among its senior leaders and advocates a team-based approach to bring forth creative solutions, pragmatic consulting, quality delivery in order to stay ahead of the competition.

In the forthcoming years, Paragon is embracing digital transformation in the health ecosystem to advance the health experience and augment operational efficiency with technology advancements. Alongside, Paragon is keen to model its services in tune with hot entrants in the technology space such as machine learning, robotics, blockchain, and others to solve information management challenges of tomorrow.