The new platform, known as FirstDoc 3.3, includes enhanced XML capabilities and a re-architected enterprise object model to enable more flexible content sharing and business process organization across the enterprise.

The product uses XML, a flexible and interoperable programming language, to facilitate the reuse of content. First Consulting Group (FCG) said it incorporated the software in response to the life sciences’ move to find a new model for measuring content management effectiveness.

Industry data reveals that life sciences firms can substantially reduce the development time for products if they can reuse content rather than duplicate efforts, said Jeffrey Klein, vice president of Product Strategy for FCG’s life sciences practice. For example, we estimate that companies can reduce the cost of product content development by at least 20% based on reuse of common content and safety regulations among products.

New regulatory standards set by the Food and Drug Administration (FDA) and European Medicines Evaluation Agency (EMEA) are also driving the industry’s interest in content reuse and XML.

FCG said its FirstDoc 3.3 XML capabilities enable life sciences organizations to move away from formatting documents manually. It also streamlines documentation updates while maintaining the accuracy of the content.