Accenture and Tripos Join Forces to Deliver "Scientific Workbench" to Improve Discovery Performance.Business Editors NEW YORK--(BUSINESS WIRE)--February 21, 2002 New Solution Empowers Scientists To Turn Data into Information, and Ultimately, Knowledge Accenture (NYSE NYSE See: New York Stock Exchange : ACN ACN Accenture (stock symbol) ACN Accenture ACN Australian Company Number ACN Automatic Collision Notification (US DOT) ACN Acetonitrile ACN Anglican Communion Network ) and Tripos (Nasdaq: TRPS TRPS Trigger Point (myofacial pain) TRPS TrichoRhinoPhalangeal Syndrome TRPS Temperature Regulating Power Supply TRPS Time Reporting and Payroll System ) announced today an alliance to help global pharmaceutical and biotech bi·o·tech n. Informal Biotechnology. biotech Noun short for biotechnology Noun 1. companies empower scientists with a "workbench" designed to transform scientific knowledge capture, collaboration and decision-making across the discovery organization. Complexities associated with implementing new breakthroughs in science, technology and organizational tools have restricted industry leaders from achieving the ambitious pipeline goals they predicted in 1997, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. recent Accenture research. As a result, the industry must now increase the number of new molecular entities (NMEs) by 50 percent in order to meet 10-year growth projections. To help address this challenge, Accenture and Tripos are offering scientists a new platform, or "scientific workbench," which is anchored by Tripos's proprietary MetaLayer(TM) technology, coupled with Accenture's business transformation, human performance and knowledge management assets as well as its proven implementation skills. This combination enables scientists to integrate data from disparate functional and geographic sources and expedite ex·pe·dite tr.v. ex·pe·dit·ed, ex·pe·dit·ing, ex·pe·dites 1. To speed up the progress of; accelerate. 2. the decision-making process associated with bringing optimized leads through clinical trials. This new agreement will add to Accenture's services and network of businesses that are aimed at providing pharmaceutical and biotech companies with a new operating model Operating Model is a term that is used in many contexts. In essence an operating model describes how an organization operates across both business and technology domains. The Operating Model describes what is important for the organization. to accelerate the drug discovery process - from target identification through lead optimization to achieving scientific collaborations in an increasingly virtual research environment. "This alliance is consistent with our vision and strengthens our position to help our clients quickly achieve innovative drug discovery solutions through innovative use of scientific tools and technology," said Arjun Bedi, partner, Accenture Pharmaceuticals & Medical Products industry group. "Through alliances with companies like Tripos, we're helping the industry bridge existing information gaps that will help accelerate the move to the next generation discovery model." Combined with Accenture's approach to creating a new discovery operating model for the industry, the alliance will help scientists make better decisions earlier in the drug discovery process; transforming information into knowledge, and ultimately new scientific insights; which result in reduced discovery cycle times and improved success rates of optimized compounds brought to clinical trials. "The pharmaceutical industry is facing an unprecedented urgency to develop informatics Same as information technology and information systems. The term is more widely used in Europe. systems that help access and analyze vast amounts of data from diverse sources," said John P. McAlister, Ph.D., President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Tripos. "We are excited about building our relationship with Accenture. This alliance will be a strong presence in the marketplace, enabling us to bring more effective integrated capabilities to manage, analyze, and visualize a wide range of discovery research data for our industry-leading customers." Bristol-Myers Squibb Bristol-Myers Squibb (NYSE: BMY), colloquially referred to as BMS, is a pharmaceutical corporation, formed by a 1989 merger between pharmaceutical companies Bristol-Myers Company, founded in 1887 by William McLaren Bristol and John Ripley Myers in Clinton, NY (both were has been working with Accenture and Tripos to deliver capabilities that improve scientific decision making. "As part of our efforts to enhance performance, we're developing innovative information management capabilities that are critical to improving drug discovery." said Shawn Ramer, Ph.D., vice president, Informatics at Bristol-Myers Squibb. "Accenture and Tripos bring significant strengths to our efforts in this area." About Tripos Tripos (www.tripos.com) is a leading provider of discovery chemistry, integrated discovery software products, software consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" , and discovery research services to the pharmaceutical, biotechnology, agrochemical agrochemical Any chemical used in agriculture, including chemical fertilizers, herbicides, and insecticides. Most are mixtures of two or more chemicals; active ingredients provide the desired effects, and inert ingredients stabilize or preserve the active ingredients or aid , and other life sciences industries. The company combines information technology and scientific research to optimize and accelerate molecular research for the discovery of new products by customers. Tripos' products include diverse chemical libraries; collaborative and contract research for the discovery, synthesis, characterization and optimization of new chemical compounds that are active in biological systems; proprietary discovery software tools to manage, analyze and share biological and chemical information; and systems integration and other software consulting services. About Accenture Accenture is the world's leading management and technology services organization. Through its network of businesses approach -- in which the company enhances its consulting and outsourcing expertise through alliances, affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. and other capabilities - Accenture delivers innovations that help clients across all industries quickly realize their visions. With more than 75,000 people in 47 countries, the company generated net revenues of $11.44 billion for the fiscal year ended August 31, 2001. Its home page is www.accenture.com. |
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