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Waters New Software Delivers Lab-Centric Business Intelligence and Enables Confident Audit-Readiness News Summary: waters_connect™ Data Intelligence software provides laboratories with comprehensive business intelligence on their chromatographic data ...

Key Takeaway: Waters Corporation has launched its waters_connect Data Intelligence software, designed to enhance business intelligence for laboratories handling chromatographic data. This software aims to improve data quality and integrity, thereby reducing potential delays in product releases and regulatory audits. By offering advanced analytical insights and eliminating costly manual data processes, it enables laboratories to respond more efficiently and improve readiness for audits. The software is set to be available for orders in December 2024 and will work seamlessly with existing Empower CDS instances.
Price reaction · baseline $386.69 (2024-11-06 close) · hit after-hours · clean, no other WAT news in the window
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Market Sentiment Analysis

POSITIVE FACTORS

  • The software enhances audit readiness, reducing risks of delays in product release.
  • It provides comprehensive business intelligence, promoting data integrity and quality.
  • Configurable dashboards deliver valuable operational insights in real time.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Cash runway
~19 mo
Low dilution risk
Lead asset
CYTALUX preoperatively
Phase 2 · Esophageal Cancer

Full Press Release Details

waters_connect Data Intelligence software provides laboratories with comprehensive business intelligence on chromatographic data.
"Organizations need to ensure there are no missteps with data quality and integrity to avoid product release delays and failed quality regulatory audits that can cost tens of millions of dollars and delay lifesaving treatments," said Dave Leitham , Vice President, Connected Science at Waters Corporation. "waters_connect Data Intelligence software provides organizations with a new level of transparency into their data, making it easier to analyze and deliver valuable operational and scientific insights in real time, thus enhancing readiness for business-critical audits."
Designed to work with Empower CDS, waters_connect Data Intelligence software generates in-depth, configurable dashboards that deliver advanced analytical insights on laboratory data such as aborted injections and sample sets to help reduce the risks associated with adverse findings in regulatory audits. Where users of Empower CDS can take, on average, two days to respond to an auditor's question, ii they can instead avoid costly manual data consolidation and interpretation that could lead to data analysis errors.
waters_connect Data Intelligence software is designed to work seamlessly with Empower today and in the future, eliminating costly integrations to homegrown or external applications. It provides real-time remote data access, seamless tracking of long-term trends and patterns, and always reflects the latest data from any Empower-connected instrument. The software enables trending of method, column, and instrument suitability data, which helps preempt failures before they happen. The annual cost of system suitability failures in pharma laboratories is estimated to be $600,000 based on two failures per month.
waters_connect Data Intelligence software can be tailored to organizations with single or multiple Empower CDS instances and is available for demonstration and quoting now, and to order in December 2024 .
Additional Resources
About Waters Corporation ( www.waters.com )
Waters Corporation (NYSE: WAT ), a global leader in analytical instruments and software, has pioneered chromatography, mass spectrometry, and thermal analysis innovations serving the life, materials, food, and environmental sciences for more than 65 years. With approximately 7,500 employees worldwide, Waters operates directly in 35 countries, including 14 manufacturing facilities, and with products available in more than 100 countries.
Waters, waters_connect, and Empower are trademarks of Waters Technologies Corporation.
Contact: Janice Foley Senior Public Relations Manager, Corporate Communications Waters Corporation [email protected] +1.617.823.5555
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i Based on an average cost of $25,000 per failure, including a batch release delay of 48 hours for a typical small molecule drug, according to data acquired from a cohort of 19 customers during Waters User Executive studies. As an illustrative example of two system suitability failures per month, the average annual cost can be $600,000.
ii Based on Waters internal analysis and estimates.

Frequently Asked Questions

What is waters_connect Data Intelligence software?

It is software that provides comprehensive business intelligence on chromatographic data for laboratories.

How does waters_connect enhance data transparency?

It offers advanced analytical insights, enabling real-time analysis and operational insights.

What issue does this software address regarding regulatory audits?

It helps avoid costly errors in data interpretation and delays during audits.

When will waters_connect Data Intelligence be available for order?

It will be available for order in December 2024.

What trend analysis does this software support?

It trends method, column, and instrument suitability data to preempt failures.

Last updated: Nov 7, 2024