What is Basil Systems?
Basil Systems is a software platform harnessing AI/ML to provide leading healthcare enterprises with cutting-edge analytics and insights. The Basil product is designed to guide strategic product development decisions, improve product and supply chain quality, mitigate product recall risks, and reduce regulatory approval times.
Basil Systems was formed by a team of technologists out of MIT that had previously built a SaaS platform to serve the highly regulated data privacy industry. That company was acquired by IBM for nine figures. When challenges of working in the highly-regulated healthcare industry became obvious, this same team re-assembled to create Basil.
Basil exists to support enterprises in the highly-regulated healthcare industry by:
- Modernizing how companies work with regulatory and quality information
- Informing and augmenting product planning
- Identifying and predicting adverse events that may lead to a recall, and helping companies respond faster to mitigate any business impact
- Providing early insight into competitors and supply chain that may impact a company
Our vision is to deliver the power of leading-edge technologies—machine learning, artificial intelligence, big data, and predictive analytics—to accelerate time-to-market, reduce the risk of adverse events and recalls, and enhance competitive intelligence for medical technology and pharmaceutical companies.
Basil is now deploying services to healthcare-related enterprises, including:
Basil provides real-time alerts and trend analysis on product and category adverse events, warning letters, and recalls.
Furthermore, only Basil can export the full data necessary for your own deep root-cause analysis and predictive trending.
Basil empowers companies to research all related product submissions, associated filings, trial data, and relative approval timing for different product categories.
Basil also provides comprehensive views of predicates, reference products, performance analysis, and review time recommendations for regulatory submissions.
Basil delivers actionable insights and market intelligence by benchmarking applications, device performance and regulatory actions against industry averages or competitors. Additionally, Basil provides analysis on submission and regulatory trends, new and withdrawn products, changes in product codes, and general competitive factors.
Despite being a team of dedicated technology and business leaders, we also appreciate a bit of whimsy, we like nature and good food, and Basil just sounded good.
Ready to get started?
Join Basil in accelerating the next generation of healthcare product innovation.