Dendrite Opens Representative Office/Wins New Business in China; Shanghai Office To Roll Out Palm-Top Solution For Large European Pharmaceutical Company in China.Business Editors/Health & Medical Writers MORRISTOWN, N.J.--(BUSINESS WIRE)--Oct. 22, 2001 Dendrite dendrite: see nervous system; synapse. (NASDAQ/NMS: DRTE DRTE Defence Research Telecommunications Establishment ), the visionary innovator in global pharmaceutical technology, today announced that it has opened a new Representative Office in Shanghai, China, to begin service to that country's growing pharmaceutical industry. Dendrite's office will offer a broad range of services for both Chinese and international pharmaceutical companies operating in China. "Pharmaceutical sales forces are growing faster in China than in any other market," said Jean-Paul Modde, Dendrite Vice President, Asia/Pacific. "As a result, the industry is being challenged to make its sales forces as productive as possible. Our new office in Shanghai will help drug companies achieve their growing requirements and ambitious sales goals, offering enormous potential for both them and Dendrite." Dendrite also announced that it recently signed a new multi-year services contract with the Chinese division of a large European pharmaceutical company. Under the agreement, the company will deploy a palm-top version of Medicheck(TM) for its entire sales force in China. The new contract adds to Dendrite's existing client base in that country. Two additional companies in China are using Dendrite's Medicheck(TM) solution; the recent contract marks the first deployment of a Dendrite palm-top solution in China. Medicheck(TM) is a component of Dendrite's Sales Force Effectiveness solution set that has been developed specifically to meet the needs of pharmaceutical sales forces in Asia, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , Eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. , and the Middle East. The system is composed of application and training components that make information access and application easy and actionable Giving sufficient legal grounds for a lawsuit; giving rise to a Cause of Action. An act, event, or occurrence is said to be actionable when there are legal grounds for basing a lawsuit on it. for the sales force. About Dendrite Dendrite, the visionary innovator in global pharmaceutical technology, helps clients strategically manage customer relationships to increase market share. The company creates unique, analytically driven solutions that enable pharmaceutical companies to influence prescriber pre·scribe v. pre·scribed, pre·scrib·ing, pre·scribes v.tr. 1. To set down as a rule or guide; enjoin. See Synonyms at dictate. 2. To order the use of (a medicine or other treatment). behavior, thereby delivering a sustained competitive advantage. More than 80,000 pharmaceutical sales representatives pharmaceutical sales representative Detailer, Drug rep Drug industry A drug company employee who regularly visits physicians and office practices, providing information on the company's products–usually putting a negative 'spin' on competitors' products. See Detailing. and their managers from over 150 companies and 57 countries use Dendrite products and services. They represent 19 of the top 20 pharmaceutical companies. For more information, visit www.dendrite.com. Note: Dendrite is a registered trademark of Dendrite International, Inc. The foregoing contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The statements may be identified by such forward-looking terminology as "expect," "believe," "may," "will," "intend," "plan," and similar statements or variations. Such forward-looking statements are based on our current estimates and assumptions and involve certain significant risks and uncertainties, including: risks associated with and dependence on the pharmaceutical industry; fluctuations in quarterly revenues due to lengthy selling cycles, product implementation cycles, customer budget cycles, and timing of revenue recognition; dependence on major customers; successful and timely development and introduction of new products and versions; rapid technological changes; increased competition; retention of key senior managers; and unique characteristics of the consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one industry. Other important factors that should be considered are included in the company's 10-K, 10-Qs, and other reports filed with the SEC. Actual results may differ materially. The company assumes no obligation for updating any such forward-looking statements. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion