Getting Involved In a Chemical Safety Library Project
In recent years, lowering barriers to innovation has been a major goal within the life science field. Of the many proposals on the table, one solution keeps coming up: information sharing. Life science organizations have largely resisted broad, collaborative efforts in order to protect sensitive data and the maintenance of intellectual property rights is essential for success, but there are resources that can be shared without giving one organization a competitive edge over another.
Leaders in the life sciences have realized that pooling certain resources like chemical safety data can significantly improve research efficiency by cutting down on the time spent on non-value-added activities. As a result, all participants in the pool can get their therapeutics into the hands of patients as quickly as possible.
Therefore, by getting involved in information sharing movements like the Chemical Safety Library Project, you can support medical advancement and lower barriers to innovation in your life science organization without compromising your competitive edge.
The Efficiency Benefits of Involvement in a Chemical Safety Library
Ensuring chemical safety and regulatory compliance can be a major time drain for life science labs. Like all non-value-added tasks, it takes up time that would otherwise be used productively for the discovery and development for therapeutics. Most labs have accepted the time drain as inevitable. After all, when it comes to complying with chemical safety standards and meeting government regulations, there are no shortcuts. Strict attention to safety and compliance with legal mandates are both non-negotiable in the life science industry.
However, the introduction of the collaborative Chemical Safety Library has upended traditional thinking on this issue. Instead of having to rely on organizational knowledge and independent data aggregation, life science companies can combine their resources and make things easier for everyone. Researchers from different companies can quickly access the information they need when they need it, which means they have much more time to dedicate to more important research efforts that help advance the organization’s research goals.
At the same time, a Chemical Safety Library does not offer a particular advantage to one user over another. Every life science company contributes to the library and benefits from the contribution of others. In the end, we all have to deal with the same safety standards and government regulations, so everyone will be using the tool in the same way. The information in the library won’t directly help you design and develop therapeutics, but it will free up more time for value-added research activities, which means that your organization’s medical innovations can move more quickly through the drug development pipeline.
Effectively Addressing Chemical Inventory Challenges
While a collaborative Chemical Safety Library makes it possible to collaborate with other life science organizations to meet the necessary standards for safety and government compliance, you are still on your own when it comes to effectively managing chemical inventory within your own lab. And if you don’t manage your inventory effectively, it can lead to a wide range of issues that slow down innovation in your lab. Common problems with chemical inventory management include:
- Inconsistent chemical tracking
- Inefficient processes related to chemical container use
- Chemical reports with incorrect information
- Inappropriate management of highly hazardous materials
If your company is looking to avoid these hazards, look at this recent white paper on ensuring chemical safety and compliance with regulations. You should also consider adopting a full-scale chemical management system in order to streamline all inventory processes in your lab. That way, your in-house infrastructure will ensure that you are ideally position to make the most of your involvement in a Chemical Safety Library project.
BIOVIA has partnered with Pistoia Alliance on a Chemical Safety Library project that offers life science organizations a unique opportunity to lower barriers to innovation. If you want to get involved, visit the website to register today! Also, if you are interested in a chemical management system, BIOVIA CISPro is a cutting-edge software solution that can meet all of your organization’s needs. Contact us today to learn more about how our products and services are supporting excellence in the life science field.