Aptuit to Acquire InfoPro Solutions, Developer of the Clinical Supplies Industry Standard Clinicopia(R) Suite.GREENWICH Greenwich, borough, Greater London, England Greenwich (grĭn`īj, grĕn`–), outer borough (1991 pop. 200,800) of Greater London, SE England, on the Thames River. Manufactures include telephone equipment and underwater cable. , Conn. & AGOURA HILLS, Calif. -- Acquisition Adds Robust Informatics Same as information technology and information systems. The term is more widely used in Europe. Services to Aptuit Portfolio, Designed to Enable Seamless, Multi-Site, Real Time Customer Access to Drug Development Data and Information Aptuit, Inc., a leading drug development services company, today announced it has completed the acquisition of InfoPro Solutions, developers of the industry standard Clinicopia(R) Suite, Clinicambio Data Exchange and the other IT-based, hosted clinical trial materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, solutions. The acquisition will enable Aptuit to leverage InfoPro Solutions' expertise to deploy the industry's first global, multi-customer, multi-site platform to enable their clients to track details of their drug development projects anywhere in the world, in real time. The deal is expected to close in late 2005 or early 2006. As part of the deal, Aptuit will acquire InfoPro Solutions' facilities in Agoura Hills, California For the unincorporated community, see . Agoura Hills is a city (incorporated in 1982) in Los Angeles County, California, and has the ZIP code 91301. The population was 20,537 at the 2000 census. This city on the Ventura Freeway (U.S. ; Westford, Massachusetts Westford is a town in Middlesex County, Massachusetts, United States. The population was 20,754 at the 2000 census. History Westford was first settled in 1635. Originally a part of neighboring Chelmsford, West Chelmsford soon grew large enough to sustain its own ; Bangalore, India; and Frankfurt, Germany; and retain InfoPro Solutions' approximately 120 employees. InfoPro Solutions' clients include some of the largest pharmaceutical companies in the world. Aptuit Informatics will continue to provide them with industry standard IT systems, services, and global development teams of domain experts. Under the brand name of Aptuit Informatics, InfoPro Solutions' experienced professionals will continue to develop, market, and service best-of-breed, mission-critical information systems to support drug developers all over the world. Aptuit Informatics plans to develop the next generation of IT solutions to meet the needs of preclinical preclinical /pre·clin·i·cal/ (-klin´i-k'l) before a disease becomes clinically recognizable. pre·clin·i·cal adj. 1. and pharmaceutical sciences customers and investigators, bringing Aptuit to the forefront in informatics and providing them with a sustainable competitive advantage across all of its business lines. The acquisition will enable Aptuit to provide comprehensive solutions to small, virtual, and large, global pharmaceutical companies. "Our acquisition of InfoPro Solutions will ultimately give us the ability to offer our customers both comprehensive real time access to data and information across all our business lines, facilities, and twenty-five supply depots worldwide, addressing a significant unmet un·met adj. Not satisfied or fulfilled: unmet demands. need in drug development," said Michael A. Griffith, 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. , Aptuit. "We intend to take the same expertise that created Clinicopia(R), which is recognized as an industry standard, and leverage it across our enterprise." Aptuit will also tap InfoPro Solutions' world-class development facility in Bangalore, India to increase efficiencies by 'insourcing' some of their internal business process-related IT needs that are presently being outsourced to IT vendors. "Our vision for InfoPro Solutions has always been to build and market the most innovative software solutions to address key process and information-related challenges in the drug development markets," said Vikram Marla, CEO and founder of InfoPro Solutions. "Aptuit shares that vision, and views the efficient, seamless exchange of data between sponsors, vendors, distributors, investigators, and third party systems as critical to 'engineering a better drug development process.' We can't think of a better partner to help us pursue this vision." Mr. Marla will join Aptuit's senior management team as President, Aptuit Informatics. The current Aptuit software development team, which was formerly part of Almedica International, will be transitioned to the Aptuit Informatics brand under Mr. Marla's leadership. Elements of Aptuit's current software suite, developed by the former Almedica team, may also be incorporated into future Aptuit Informatics platforms. The acquisition will immediately enhance Aptuit's informatics offering by incorporating InfoPro Solutions' premier clinical information technology systems into Aptuit Informatics' services and solution offerings. Clinicopia(R) Suite functionality encompasses planning and forecasting, clinical supplies management, inventory management, clinical manufacturing and packaging, resource management and clinical label creation, and approval management. In addition, the company's Clinicambio Data Exchange system enables seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. and sharing of real time data across multiple vendors, contractors and IT systems. Customers that are using clinical trial supply chain management tools acquired and transitioned to Aptuit with the company's purchase of Almedica International will continue to have access to their existing platforms and resources, and Aptuit will continue to support the former Almedica software and services. Once Aptuit Informatics' new, end-to-end end-to-end a pattern of anastomosis in which severed ends are matched and united, in contrast with other patterns such as end-to-side or side-to-side. Usually applied to anastomosis of the intestine. platform is developed and deployed across all business lines, it will be offered to all customers, along with transitional support. As part of the acquisition, Aptuit Informatics will evaluate the overall software and IT capabilities and services currently offered to customers, incorporating the best of the offerings into industry leading solutions for biotechnology and pharmaceutical companies. InfoPro Solutions was advised by Crosstree cross·tree n. Nautical One of the two horizontal crosspieces at the upper ends of the lower masts in fore-and-aft-rigged vessels, serving to spread the shrouds. Capital Partners, Inc. About Aptuit Aptuit, Inc. is an emerging company focused on streamlining and supporting the drug development process for biotechnology and pharmaceutical innovators innovators people who will try new things. early innovators important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems. . The company was founded by a group of industry experts with extensive market experience who have a track record of building a similar, highly successful company through acquisitions and investment. Aptuit will provide a comprehensive suite of product development services and competencies to biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. and large, fully integrated pharmaceutical companies worldwide. Aptuit's mission is to engineer a better drug development process, and is partnered with Welsh, Carson, Anderson Anderson, river, Canada Anderson, river, c.465 mi (750 km) long, rising in several lakes in N central Northwest Territories, Canada. It meanders north and west before receiving the Carnwath River and flowing north to Liverpool Bay, an arm of the Arctic & Stowe, one of the world's largest private equity investors. For more information about Aptuit, please visit http://www.aptuit.com. About InfoPro Solutions Since 1995, InfoPro Solutions has been developing, implementing and maintaining enterprise-class, mission-critical information systems for the drug development markets within the pharmaceutical and biotechnology industries. InfoPro Solutions has developed numerous solutions in the clinical trials space to help their customers manage and achieve excellence in their extended clinical supply chains. Their clients include AstraZeneca, Abbott Laboratories Abbott Laboratories (NYSE: ABT) is a diversified pharmaceuticals and health care company. It has over 65,000 employees and operates in 130 countries. The corporate headquarters are in Abbott Park, Illinois, a neighborhood of North Chicago, Illinois. , Chiron, Organon or·ga·non or or·ga·num n. pl. or·ga·nons or or·ga·nums or or·ga·na 1. An organ. 2. A set of principles for use in scientific investigation. organon pl. organa [Gr.] organ. , Procter & Gamble, and Pfizer. For more information about InfoPro Solutions, please visit their website at http://www.infoprosolutions.com |
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