October 22, 2013
TraceLink Inc., the leader in global pharmaceutical track and trace and supply network performance solutions, and Optel Vision, world track and trace solution provider, today announced a collaboration to deliver integrated serialization, ePedigree and traceability solutions for the global pharmaceutical supply chain. Working together, TraceLink and Optel Vision enable pharmaceutical companies and CMO/CPO supply partners to confidently meet all global track and trace regulations from California ePedigree and the proposed H.R. 3204 Drug Quality and Security Act to China, Argentina and Brazil compliance mandates.
The TraceLink Life Sciences Cloud’s global track and trace platform, integrated with Optel Vision’s TrackSafeTM LineMasterTM packaging and line management systems, enables end-to-end control of serialization activities from packaging line to enterprise and supply network coupled with integrated management of ePedigree and traceability reporting requirements.
Pharmaceutical companies and external supply partners benefit with
“Serialization is now a global compliance requirement across the supply chain with diverse regulations evolving in the United States, China, India and dozens of other countries,” said Shabbir Dahod, President and CEO of TraceLink. “It is crucial for companies to have the agility to respond to changing regulations and the speed to meet tight compliance deadlines at all levels from line to network. We are excited to partner with a noted packaging and serialization leader like Optel Vision to enable a comprehensive, standardized track and trace solution that minimizes compliance risk and total cost of ownership.”
“The relationship between Optel Vision and Tracelink brings a robust solution that works seamlessly between each other from the packaging line up to the supply chain. This association is a leading step in our continuous efforts to help the pharmaceutical industry and distributors to improve patient safety and comply with the actual and upcoming regulations,” said Louis Roy, President of Optel Vision.
Diversified pharmaceutical companies, virtual biopharmas and contract packaging sites using Optel Vision’s extensive packaging line solutions will gain plug-and-play integration to the TraceLink Life Sciences Cloud through standardized connectors for serial number exchange, serialization event management and traceability reporting. The combined global compliance platform eliminates the risk of extensive software customization, the cost of point-to-point network integration and the ongoing transaction fees created by traditional serialization and traceability approaches.
TraceLink protects patients, enables health, grows profits and ensures compliance for companies across the global Life Sciences network through the TraceLink Life Sciences Cloud. The TraceLink Life Sciences Cloud is an Amazon AWS-based cloud application platform enabling complete global connectivity, visibility and traceability of pharmaceuticals from ingredient to patient. A single point and click connection to the Life Sciences Cloud delivers the information, insight and collaboration needed to improve performance and reduce risk across global supply, manufacturing and distribution operations. Winner of numerous industry awards including the Amazon AWS Global Start-Up Challenge Grand Prize and the Edison Award for Innovation in Health Management, the TraceLink Life Sciences Cloud is relied upon 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.
TraceLink is funded by FirstMark Capital. FirstMark Capital is an early stage venture capital firm based in New York City. Our mission is to partner with exceptional entrepreneurs who are changing the world by solving meaningful problems. We have built a deeply engaged community among the extraordinary teams in our network to spread ideas and opportunities. We are privileged to work alongside the founders of remarkable businesses like Pinterest, Lumosity, Aereo, TapAd, Shopify, Riot Games, and dozens more. Visit us in New York City or online at firstmarkcap.com and @FirstMarkCap.
About Optel Vision
As a leader in Track & Trace and vision solutions, Optel Vision can be easily distinguished from the competition by our “real” turnkey offering since we provide all of the components and all of the services required to deploy the proper solution. We take complete responsibility for the successful implementation from the design to the validation. This is why, for over two decades, hundreds of pharmaceutical companies around the globe have trusted Optel Vision’s highly reliable automated vision systems to significantly reduce health risks associated with mislabelled products, dosage errors and product mix-ups. Optel Vision’s continuous investment in researching new cutting edge technologies guarantees that our customers receive the most innovative solutions to meet their challenging needs. Our vision solution's guarantee of success is founded on our strong project-oriented processes, based on GAMP guidelines, which ensures we meet all requirements within the shortest deployment time and deliver a validation-ready system. For more information on Optel Vision and our solutions, visit optelvision.com.