Red Herring Names TraceLink Top 100 Global Company
TraceLink Inc., the leader in global pharmaceutical serialization, drug traceability and supply network performance solutions, announced today that it has been named winner of Red Herring's 2013 Top 100 Global Award, recognizing the year’s most audacious and far reaching private technology companies and entrepreneurs from across the globe. TraceLink’s Life Sciences Cloud global application platform and global customer network of pharmaceutical industry innovators were key foundations for the award.
“Protecting patients from counterfeit drugs, improving access to safe, quality medicines and ensuring compliance with regulations like the Drug Quality and Security Act is our core mission,” said Shabbir Dahod, President and CEO of TraceLink. “We are honored that Red Herring recognized our efforts in building an innovative cloud application platform that helps Life Science executives think differently about their global supply chain networks, business processes and IT architectures to meet growing supply and demand challenges.”
The TraceLink Life Sciences Cloud global network platform, pharmaceutical track and trace solutions and supply network performance applications help pharmaceutical companies and their diverse supply network partners connect, share key business data and collaborate across supply, production and distribution operations. Market leaders, including four of the top-10 pharmaceutical companies, use the TraceLink Life Sciences Cloud to:
- Comply with pharmaceutical serialization, product tracing and government reporting requirements for the US H.R. 3204 Drug Quality and Security Act, China, Brazil, Korea and other global drug track and trace regulations
- Build a supply chain control tower that improves speed across external supply activities, reduces risk across the production lifecycle and increases agility in meeting patient demand across diverse global markets
- Create a flexible global IT infrastructure that simplifies integration across thousands of supply relationships, improves control over billions of transactions and enables management of terabytes of transaction data through a single connection to the Life Sciences Cloud
Red Herring’s Top 100 Global list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe TraceLink embodies the vision, drive and innovation that define a successful entrepreneurial venture. TraceLink should be proud of its accomplishment, as the competition was the strongest it has ever been.”
The TraceLink Life Sciences Cloud platform is designed for and built upon Amazon AWS Cloud. This highly scalable and reliable design enables TraceLink to serve pharmaceutical companies, CMO/CPOs, wholesale distributors and pharmacies of all sizes, complexities and locations across the globe. Learn more at www.tracelink.com.
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.