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Avecia Biotechnology Taps Maxiom Group for Oracle Deployment.


Leading Biotechnology Company Builds for Future Development and Manufacturing of Innovative Medicines

WALTHAM, Mass. -- Maxiom Consulting Group, Inc., a leading strategic business and IT consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 exclusively serving the life sciences industry, today announced that Avecia Biotechnology, Inc. has engaged the company to deploy components of the Oracle([R]) E-Business Suite. Avecia tapped Maxiom Group for the company's industry experience, responsiveness and extensive Oracle experience.

"As our business grows and becomes more complex, we needed a consulting partner to help us deploy a solution that we can benefit from today and grow with us tomorrow," said Detlef Rethage, President of Avecia Biotechnology Inc. "Maxiom Group is an ideal partner because they have the extensive life sciences industry knowledge, they are completely accessible and they clearly demonstrate their commitment to our business."

Maxiom Group initially partnered with Avecia to define its IT strategy and evaluate potential solutions to meet the company's business requirements. Maxiom Group is currently helping with the first phase of the Oracle E-Business Suite A group of integrated Internet-based applications from Oracle. Introduced in 2001 as Version 11i, it includes modules for CRM, finance, human resources, supply chain management as well as applications for business intelligence.  implementation, which includes financial components such as general ledger General Ledger

A company's accounting records. This formal ledger contains all the financial accounts and statements of a business.

Notes:
The ledger uses two columns: one records debits, the other has offsetting credits.
, accounts payable and accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying  modules. Maxiom Group is a member of the Oracle PartnerNetwork.

Future phased deployment of the Oracle E-Business Suite modules will include functionality for materials, inventory and manufacturing process management Manufacturing Process Management (MPM) is a collection of technology and methods used in the manufacture of products. It incorporates such technologies as computer-aided production engineering (CAPE), Advanced Planning & Scheduling (APS) , computer-aided manufacturing (CAM), . Maxiom Group is also ensuring that all aspects of this deployment are in compliance with proper regulatory controls.

"Deploying Oracle at this stage of their life cycle will help Avecia become a better manufacturing partner for their customers and enhance their competitive position," said Kelly Schmitz, Vice President of Enterprise Applications at Maxiom Group. "We are proud to partner with Avecia as they adapt and grow in an increasingly complex business environment."

About Avecia Biotechnology

Avecia Biotechnology is the leading CMO CMO

See: Collateralized mortgage obligation


CMO

See collateralized mortgage obligation (CMO).
 to develop and manufacture API's for Oligonucleotide Oligonucleotide

A deoxyribonucleic acid (DNA) or ribonucleic acid (RNA) sequence composed of two or more covalently linked nucleotides. Oligonucleotides are classified as deoxyribooligonucleotides or ribooligonucleotides.
 based medicines on its FDA FDA
abbr.
Food and Drug Administration


FDA,
n.pr See Food and Drug Administration.

FDA,
n.pr the abbreviation for the Food and Drug Administration.
 inspected site in Milford, MA. Avecia Oligomedicines - adding value to your drug development journey. www.Avecia.com.

About the Oracle PartnerNetwork

Oracle PartnerNetwork is a global business network of 17,700 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer to their customers, leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle can qualify for the Oracle Certified See certification.  Partner levels. Oracle, JD Edwards See J.D. Edwards. , PeopleSoft, and Siebel are registered trademarks of Oracle Corporation and/or its affiliates.

About Maxiom Group

Maxiom Group is a leading strategic business and IT consulting firm exclusively serving the life sciences industry. We help transform emerging, established and mature biotechnology, pharmaceutical and medical device companies at each stage of their life cycle by solving mission critical business issues. From drug discovery and development, to clinical trials, to commercial launch and sustained market leadership, Maxiom Group clients rely on our unique focus, insight and approach. For more information please visit www.maxiomgroup.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 8, 2007
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