Life Sciences Blog

Easy Drug Product Searches in Early-Stage Drug Concept and Discovery

Sep 27, 2022 | Drug & Biologic Product Submissions, Drug Label Research

During early-stage drug concept and discovery, Pharmaceutical companies will find it necessary to research the market for existing drug products for any number of reasons. These reasons can vary greatly depending on factors such as if the drug is Rx, OTC or biologic or if the drug is an innovator or generic. That being noted, some of the most common reasons include:

  1. The need to identify the current “state of the art” standards for drug indication or class
  2. The need to identify the number of manufacturers or drugs and overall competition
  3. Find product and packaging details for existing products (your own or competitors)
  4. Determine active ingredients, formulation, dosage form, how the drug is supplied, and more for existing competitive or similar drug products

Reed Tech has created Navigator for Drug Labels in response to this need. A tool that allows users to search across current and historical versions of all drug labels using a variety of robust, advanced methods including full text, wildcard, proximity and conditional text searches. These advanced searches can be conducted across a database of nearly 50,000 US and centralised EU-approved branded and generic prescription drugs, over-the-counter (OTC), biologics and homeopathic and herbal medicines product labels. Additionally, Navigator™ offers the functionality to save searches and receive alerts on selected products.

Navigator™ also provides the ability to understand how your competitors are positioning their drugs with the drug label comparison feature. The system allows you to select up to 25 labels at one time to glean insight into the existing competitive landscape and determine how your new drug will fit in.

Want to learn more about Navigator™? Contact Reed Tech to schedule a system demo with one of our subject-matter experts or to start your free trial!

Navigator Indicator Search
About LexisNexis Legal & Professional

LexisNexis Legal & Professional® provides legal, regulatory, and business information and analytics that help customers increase their productivity, improve decision-making, achieve better outcomes, and advance the rule of law around the world. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. LexisNexis Legal & Professional, which serves customers in more than 150 countries with 11,300 employees worldwide, is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers.

About LexisNexis Reed Tech

LexisNexis Reed Tech brings clarity to innovation for businesses worldwide. We enable innovators to accomplish more by helping them make informed decisions, be more productive, comply with regulations, and ultimately achieve a competitive advantage for their business. Our Reed Tech suite of SingleSource™ for Medical Devices, SingleSource™ for Drug Products, and Navigator™ for Drug Labels enables life sciences companies to create product data management strategies and meet compliance deadlines on time. We are proud to directly support and serve these innovators in their endeavors to better humankind.

For more information, please visit ReedTech.com