ISO IDMP is the next wave in the pharmacovigilance legislation after xEVMPD. But with a global scope and requiring data integration from the entire company it is a much bigger wave. In 2012, the five ISO standards referred to as "ISO IDMP" were approved. Their purpose is to standardise the identification of medicinal products, ultimately leading to improved pharmacovigilance across products, companies and jurisdictions. It has a global scope and in Europe for instance it will take effect by 2016.
2016 is by no means far away when planning to be compliant with ISO IDMP. Although the implementation guides and messaging standards for ISO IDMP are still to be seen, one thing is clear already: Being globally compliant with the ISO IDMP standards will require more than just an isolated solution. On the contrary, the entire IT landscape across the different divisions in the pharmaceutical company will have to be considered, and integration will have to be planned. Your IT strategy should plan for this already now.