The pharmaceutical industry doesn’t lag in using advanced digital software to optimize the processes needed for flawless and accurate performance. Modern software solutions for the pharmaceutical industry are used worldwide to improve pharmacy management, enhance patient adherence to prescribed medication, and discover new drugs and their positive/side effects faster.
In this article, we’ll review how software solutions for the pharmaceutical industry change the processes and the top software products for pharma. Read on to find ways to streamline your pharma business with software.
Software Solutions for the Pharmaceutical Industry: What’s the Catch?
IT solutions for the pharmaceutical industry streamline pharmacy management operations, such as paperwork, supply, stock tracking, order handling, etc. Some advanced pharmaceutical software solutions even have the potential to become a part of a global digital healthcare network and collect data that can be used for further research or for reporting cases of drug misuse/side effects. These software solutions for the pharmaceutical industry offer significant benefits.
Let’s review the main reasons to use IT solutions for the pharmaceutical industry.
- To improve in-house management. Monitoring medication prescriptions, minimizing waste, dispensing medicines, and preventing drug shortages — that’s just a few routine tasks of every pharmacy assistant or technician. Many of these processes can be automated by pharmacy software IT solutions, thus increasing the efficiency of pharmacy workers, eliminating the possibility of errors, and preventing the items from being out of stock. These solutions use personal or corporate identification information, which is why the pharmacy management software development should comply with industry and legal standards to make sure that the data are securely kept and used.
- To plan enterprise resources. By navigating complex manufacturing processes, delivery and order completing, ERP solutions for the pharmaceutical industry cover the needs of any growing business. They provide an all-in-one system where pharma companies can manage human resources, inventory, and finances.
- To manage supply chain, logistics, and distribution. Much like any other retail business, every supplier/manufacturer needs a robust system that would help manage the drug distribution from them to pharmacies/retailers. The latter also need to know when the ordered drugs will be delivered so they can notify their clients about the approximate pick-up date. These kinds of pharma software IT solutions can be integrated into the buyer’s system to streamline the drug order and delivery processes.
- To handle billing and accounting. Nothing simplifies the work of a pharmacy manager like the automation of billing and accounting processes. The beauty of such IT solutions for the pharma industry is that they may have the database of clients, healthcare providers, and suppliers integrated into the system, so it takes seconds for the pharmacy worker to have a bill, invoice, or tax report ready.
- To discover new drugs. According to Nature, AI-powered software is beneficial for pharmaceutics, as it can process large data volumes derived from biomaterial, previous research, and scientists’ input to simulate the activity of the drug in testing on the target cells. This filters out the ineffective medicine, points at the long-term side effects, and defines the toxicity level of the tested drug. Bonus point, it may also reduce the number of animal trials.
Nowadays, using software for drug discovery, supply chain management, and enterprise resource planning is the basis of the pharma industry. Without it, pharma companies won’t be able to discover new drugs as efficiently as tech-savvy companies do.
How IT Solutions for the Pharmaceutical Industry Help Streamline Operations
IT solutions for pharma encompass a range of technologies that streamline operations and improve efficiency. They empower pharmaceutical companies to enhance collaboration, access critical information in real time, and make data-driven decisions for better patient care and optimized operations. Let’s review how the core technologies and software solutions benefit pharma.
Cloud Computing
Cloud computing provides secure data storage and seamless team collaboration. It allows for real-time access to critical information, enabling faster decision-making and enhancing operational agility in the pharmaceutical sector. Also, cloud-based software can easily scale up as your company grows and gain additional functionality through integrated modules. With cloud computing, there is no need for big investments in physical infrastructure. Therefore, pharma software companies can get more flexibility and optimize expenses.
Electronic Health Records (EHRs)
Implementing EHR systems digitizes patient records, making them easily accessible, improves information sharing among healthcare providers and pharma companies, and cuts paperwork. As a result, pharmaceutical companies get access to large volumes of fresh data on patient diagnoses, demographics, and outcomes. It streamlines research and makes it more accurate. EHR systems also improve drug marketing and patient targeting since companies have databases of people who may need specific medications.
Data Analytics
Advanced data analytics tools help pharmaceutical software companies make sense of vast amounts of data they collect from research and clinical trials. Data analytics is what allows researchers to measure outcomes and detect trends and correlations.
But the benefits don’t stop there. Data analytics also helps pharma companies run their operations more smoothly. For example, by looking at data from the supply chain, they can figure out how to keep inventory levels just right, cut down on waste, and make sure medicines get to patients when they need them most.
Enterprise Resource Planning (ERP)
Like any manufacturer, pharma companies need ERP software for production planning, automation, and streamlined quality tracking. ERP software is used to manage corporate processes and activities, such as inventory control, supply chain, and finances. Some commonly used ERP software in the pharmaceutical industry include SAP and Oracle ERP, but you can also build a custom system that is 100% tailored to your needs.
Clinical Trial Management Software
Clinical trial management software (CTMS) is a specialized system that automates clinical trials and helps companies stay regulatory compliant through better organized and secured data. Another great benefit of CTMS is that it gathers all clinical data in one place, allowing companies to run multiple trials. Such optimization considerably cuts research organization and management costs and makes trials easier to conduct.
AI and ML Technologies for Pharma
AI and ML solutions help analyze chemical structures and patient information to classify the data into groups with similar features. Pharma can use these tools to simplify the drug creation process and accurately target patients who can benefit from the treatment.
Also, pharma software development includes AI tools to calculate optimal dosages and generate personalized treatment plans for improved patient care.
For instance, AstraZeneca collaborated with Oncoshot to use its sophisticated AI system to find the right candidates for clinical trials. Oncoshot provided a secure database with real-time patient information that included their clinical conditions. The whole process was strictly confidential, and AstraZeneca could find patients who might be interested in participating in their clinical trials.
GlaxoSmithKline (GSK), one of the global pharma software companies, integrated AI into its supply chain system to optimize its performance. This step helped them to reduce lifecycle maintenance costs by half, minimize batch loss, and establish a system that predicts potential problems a month ahead.
Top Software Solutions for the Pharma Industry
The revenue in the pharma sector is projected to reach US $1,454.00 billion in the next five years. It leads to new software solutions appearing in the market to cover the rapidly growing demand. In particular, more pharmaceutical software companies are expected to invest in data quality management since it affects medication efficiency and treatment results.
If you’re looking for pharmaceutical manufacturing software to improve production or software to help with research and development, there are many options to choose from.
Discover a list of the top 10 software solutions for the pharmaceutical industry that are changing how companies work.
1. BestRx
BestRx is a family-owned pharmacy management software company with a 40-year legacy specializing in solutions for independent pharmacies. Their integrated system combines essential pharmacy operations with point-of-sale capabilities, featuring patient prescription synchronization, automated information population, and profit analysis tools. What distinguishes BestRx is their focus on community pharmacies, offering cloud-based solutions, customizable features, and patient/delivery apps while maintaining a price point accessible to independent pharmacists.
| Core features | – Customizable Workflows – Comprehensive E-Prescribing – Automated Refills – Synchronize Multiple Medications – Specialty Drug Support – Multi-Dose Packaging |
2. Orion EHR
Orion EHR resource planning solution integrates separate units of the team, disparate processes, functions, and systems. It helps companies prioritize R&D investment and is also of great importance to medical researchers. With access to combined clinical data, Orion makes clinical trials more effective and contributes to evidence-based medicine. This pharmaceutical software solution ensures interoperability and allows clinicians to collaborate, make informed decisions, and enhance patient safety.
| Core features | – Portal with detailed patient dataset; – Clinical decision support systems; – Clinical trial management; – Patient consent management; – Secure communication platform; – Real-time notifications; – System for tracking patient risks; – Easy integration with third-party pharmacy systems. |
3. BatchMaster ERP
One of the best pharmaceutical software, BatchMaster ERP, is a smart choice when it comes to cutting down costs for pharmaceutical enterprises. It offers an easy-to-use ERP solution that works smoothly with QuickBooks, Sage 100 & 300, Microsoft Dynamics GP, and SAP Business One.
As an official SAP partner, it also provides a complete ERP system available both on-site and in the cloud.
| Core features | – Automated tracking of pharma formula development to ensure accurate production; – Packaging management; – Calculation of production, materials, and packaging costs; – Management of quality to meet regulations; – Assistance in production scheduling to meet demand; – Product batches tracking. |
4. Liberty Software
Liberty Software is a pharmacy management platform created by pharmacists for pharmacists, serving thousands of pharmacies nationwide. Their system stands out through its focus on patient communication and safety, featuring two-way messaging capabilities across multiple channels (text, email, phone) and built-in clinical decision support tools. The platform integrates safety checkpoints and permissions to prevent errors while facilitating effective patient care management and business growth.
| Core features | – Flexible Workflow; – Patient Adherence and Performance Dashboard; – Text, Email, and Voice Patient Messaging; – eCare Plans; – MedSync and Refill Management; |
5. Microsoft Dynamics 365 Finance & Operations
Microsoft Dynamics is one of pharma software solutions that offers a complete set of tools to manage everything from inventory and batch tracking to ensuring compliance with strict regulations.
With Microsoft Dynamics, pharma companies can track the journey of each batch of medication and ensure that every product is up to standard. Its inventory management system makes tracking stock levels and reducing waste easier, while compliance tracking ensures the company stays on top of industry regulations.
| Core features | – Supply chain, support, and finance management with AI-powered Copilot; – Accurate estimates and project budget tracking; – Workload distribution management; – Resource management based on employee’s skills; – Automated workflows; – Microsoft Power BI for improved project visualization. |
6. PioneerRx Pharmacy Software
PioneerRx Pharmacy Software, a RedSail Technologies company, offers pharmacy software focused on clinical and patient-centered care. As the most installed software among community pharmacies, it emphasizes continuous innovation based on user feedback. The platform differentiates itself by combining operational efficiency with clinical service enhancement tools, positioning pharmacies to evolve beyond traditional dispensing roles into comprehensive healthcare providers.
| Core features | – Complete Pharmacy Platform – eCare Plans – MTM / Adherence – Enhanced Workflow – Inventory & Ordering – Financial Intelligence & Reporting – IVR |
7. Omnitracker
Omnitracker is a multi-functional software solution that can be integrated into different kinds of business, including pharmacy. It helps create mail campaigns, reports, and price lists that significantly improve the communication between your business and clients. Such pharmaceutical software solutions can help improve quality control due to accurate monitoring of drug manufacturing and testing processes. By managing prices and updating product information in real time, pharma companies can simplify billing and accounting workflows. The software also helps create quotes using medication prices and client information.
| Core features | – Sales models for convenient project execution; – Price management and updates in real-time; – Campaign organization and scheduling; – Quote generation based on products and customer data; – Simplified contract creation; – Invoice generation with digital signature feature. |
8. BD Pyxis
BD Pyxis tool replaces the paper-and-pen method when tracking medication inventory. This tool tracks all your orders, deliveries, and stock movements so you know exactly what’s happening without the hassle of manual logs.
BD Pyxis provides connected solutions for managing medication and supplies. The software allows pharma companies to reduce errors and ensure timely delivery of medical products across healthcare facilities. Moreover, this pharma software helps with inventory tracking.
| Core features | – PAR (Periodic Automatic Replenishment) level suggestions to manage the stock; – Workflow management to help redeploy soon-to-expire products; – Drug shortage management and help with substitute products; – Visualization of inventory in different locations; – Workflow analysis based on KPIs. |
9. SRS Pharmacy Systems
SRS Pharmacy Systems offers an integrated pharmacy management solution with in-house development and support for all software and hardware components. Their system features built-in redundancy, automatic updates, and rapid response support. What distinguishes SRS is their single-vendor approach, eliminating the need for third-party services while providing comprehensive system maintenance with 30-minute response times.
| Core features | – Prescription hard copy scanning – Wholesaler EDI ordering – Doctor Auto-Fax – True real-time scanning of unprofitable prescriptions upon claim adjudication – Integrated POS tracks all prescriptions leaving the pharmacy – Perpetual inventory |
10. EssentialSFA
EssentialSFA software for pharmaceutical companies connects every part of your process in one system and even includes GPS tracking to follow each item in transit. The best part? It works offline, so you can update and sync your data no matter where you are. With the software, you can do a detailed RCPA (Retail Chemist Prescription Audit). It’s also efficient for FMCG (fast-moving consumer goods), OTC, and cosmetic industries.
| Core features | – Working hours log-in and check-out, including work location; – Fake log-in elimination with a feature that requires physical presence at an assigned location; – Tagging visited locations automatically for more reliable tracking; – Automated product list management without the need for manual intervention; – Streamlined workflow due to offline access to product data; – Submission of daily activities and schedules. |
Pharma Startups to Watch in 2025 and Beyond
The pharmaceutical industry is changing fast, and many exciting pharma startups are leading the way. These companies гіу advanced pharma software to solve big problems in the industry. They make production smoother, improve research, and help businesses follow regulations.
Nuvectis Pharma
Nuvectis Pharma is changing cancer treatment with its new drug, NXP800. This pill targets a special protein called GCN2, which helps cells respond to stress. By activating GCN2, NXP800 slows down protein production in cancer cells, causing them to die, while leaving healthy cells intact. It’s a smart way to fight cancer without harming normal cells.
| The enterprise value | $83.49M |
| Location | USA |
CytoTronics
This pharma company software speeds up drug discovery with advanced live cell screening. The platform uses semiconductor technology to capture real-time data on how live cells behave. This approach allows researchers to test different cell types and treat many diseases. The solution simultaneously monitors cells’ shape, activity, energy use. It develops detailed images and videos for accurate study results. Since the software is integrated with a cloud platform, users can analyze complex data faster.
| The enterprise value | $13.5M |
| Location | USA |
Tricog Health
One of the innovative software solutions for the pharmaceutical industry is Tricog Health. It helps doctors with timely and accurate ECG/EKG diagnosis to detect heart ailments as a first point of consultation. The software powered with AI helps to identify any issues related to cardiovascular diseases on time to prevent condition aggravation. Pharmaceutical companies can use it to collect drug performance data globally and participate in studies based in different locations.
| The enterprise value | $28M |
| Location | India |
Disruptive Pharma
Disruptive Pharma brings a new mesoporous magnesium carbonate (MMC) technology to improve drug delivery. This solution has made it easier to create certain drugs that were once hard to develop. Using MMC technology, pharma companies can improve existing drugs and create new, complex ones.
| The enterprise value | $35M |
| Location | Stockholm, Sweden |
Fullscript
Fullscript helps over 100,000 healthcare providers and 10 million patients get personalized, effective care. This software used in the pharmaceutical industry provides a full-scale catalog of high-quality medications to simplify the search for healthcare companies. They partner with reliable pharmaceutical organizations and integrate their products into their database. Medical teams can use Fullscript to analyze patient data with automated tools and write personalized supplement plans.
| The enterprise value | $48.94M |
| Location | Ottawa, Ontario, Canada |
Final Thoughts
Quality development of pharmaceutical software solutions depends on the expertise and industry knowledge of the tech vendor. Throughout years of developing HIPAA- and GDPR-compliant solutions for healthcare, the Empeek team has gained a profound portfolio of from-scratch and custom software that shows our ability to provide the best profound pharma app development services. Contact us today to learn what IT services modern pharmacological companies use and what solutions your business needs to provide more value and beat the competition.
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