Announces One Year of Company Milestones and Industry Achievements
NORTH READING, MA--(Marketwired - Sep 20, 2016) - TraceLink Inc., the World's Largest Track and Trace Network for connecting the life sciences supply chain and eliminating counterfeit prescription drugs from the global marketplace, today announced it has reached 105 pharmaceutical and contract manufacturing customers and 417 customers overall, while surpassing 241,000 supply chain partners on the Life Sciences Cloud network. TraceLink's rapid customer momentum, coupled with a succession of company and industry achievements in serialization and track and trace since September 2015, comes one year after SAP announced its Advanced Track and Trace for pharmaceuticals application (ATTP).
Of the 105 pharmaceutical and contract manufacturing customers that have selected TraceLink:
The majority of TraceLink manufacturing customers have global compliance requirements in multiple countries, including:
"Since September 2015, we have achieved a massive amount of tangible milestones, demonstrating TraceLink's diligence to deliver on the global serialization commitments that we've made to our customers - and to the industry overall," said Shabbir Dahod, president and CEO, TraceLink. "In a rapidly developing market spurred by global regulations, many companies promise solutions with scalability and data exchange at a lower cost, but continue to fall short. As evidenced by our customer growth in the past year, we are confident that TraceLink is the only company with a proven solution that can deliver compliance at the lowest total cost with quick, seamless integration, a unique trading partner network model, and the least risk of compromising drug supply to patients."
One Year of Industry Achievements
Rapid Growth: Corporate and Global Presence
With offices now in the U.S., U.K., India and Singapore, TraceLink is dedicated to helping every pharmaceutical supply chain partner, from manufacturer to pharmacy, comply with the ever-changing global regulations for track and trace, while providing seamless connectivity into its trading network. In the past year, TraceLink has significantly increased its corporate presence and executed on the following milestones:
Market Leader: Quantifiable Results and Industry Validation
As the only solution provider solely focused on track and trace for the life sciences industry, TraceLink is dedicated to educating the market on the challenges of global serialization for all segments within the pharmaceutical supply chain. The Company's in-house experts are dedicated to collaborating with regulatory bodies, industry standards groups and associations to ensure that the technology is continuously optimized for changes in regulations. Over the past 12 months, TraceLink's team of industry experts has continuously educated and engaged with the industry by hosting 489 serialization workshops, webinars, and training events with over 2,800 attendees; and publishing over 100 thought leadership pieces with more than 12,000 online downloads.
In addition, TraceLink has been recognized by the pharmaceutical industry and business market on several levels, receiving the following accolades:
Proven Solution: Leading in Technology Performance and Innovation
To date, TraceLink is the only company to demonstrate and publish its performance capabilities in processing and commissioning serial numbers to the expected scale and capacity necessary for the industry to comply with global regulations. In the past year, TraceLink has accomplished a succession of performance, scalability and compliance milestones, including:
About TraceLink
TraceLink is the World's Largest Track and Trace Network for connecting the Life Sciences supply chain and eliminating counterfeit prescription drugs from the global marketplace. Leading businesses, including 16 of the top-20 global pharmaceutical companies, trust the TraceLink Life Sciences Cloud to deliver complete global connectivity, visibility and traceability of pharmaceuticals from ingredient to patient. A single point and click connection to the Life Sciences Cloud creates a supply chain control tower that delivers the information, insight and collaboration needed to improve performance and reduce risk across global supply, manufacturing and distribution operations.
A winner of numerous industry awards including Deloitte's Technology Fast 500 (ranked number 293 in 2015), the Amazon AWS Global Start-Up Challenge Grand Prize, and the Edison Award for Innovation in Health Management, the Life Sciences Cloud is used by businesses across the globe to meet strategic goals in ensuring global compliance, fighting drug counterfeiting, improving on-time and in-full delivery, protecting product quality and reducing operational cost.
For more information on TraceLink and our solutions, visit www.tracelink.com or follow us on LinkedIn, Twitter and Facebook.
TraceLink is funded by FirstMark Capital, Volition Capital and F-Prime Capital.
Contact Information:
Media Contact:
Aimee Genzler
Director, Corporate Communications
978.396.6150