Bridgewater, NJ. April 27, 2011. LABVANTAGE today announced that a global contract research organization (CRO) has selected LABVANTAGE Risk Free BioBanking Solution to support its research and development service operations. Under this agreement, LABVANTAGE will implement its out-of-the-box BioBanking Solution within a guaranteed, definite duration and fixed costs.
The CRO is headquartered in the United States with offices around the globe, providing drug discovery, development and lifecycle management services for organizations in the pharmaceutical, biotechnology, medical device, academic and government industry sectors. Leveraging LABVANTAGE’s functionally-rich biorepository management features and multinationalization capabilities, the CRO will streamline inventory and logistics management for its valuable samples across multiple facilities located in the United States and Europe.
The LABVANTAGE Risk Free BioBanking Solution couples full-featured and ready-to-deploy functionality with a guaranteed implementation, eliminating many of the risks associated with typical system implementations, such as potential budget overruns and scope creep. The solution is developed to provide a centralized informatics platform which transforms the complexity of handling large numbers of biomaterials into a simple task, while ensuring regulatory compliance throughout the samples’ entire lifecycle.
The CRO intends to deploy LABVANTAGE as a centralized, browser-based application to provide multi-site, global access by its employees, partners, and customers around the globe. After the solution is implemented, LABVANTAGE will help the CRO conduct system validation to ensure compliance with relevant standards and regulations.
“Governing a large customer base in the biobanking and contract services industries, we provide an unparalleled, proven track record of successfully deploying and supporting enterprise solutions across a global network,” affirms Jeff Ferguson, Chief Executive Officer of LABVANTAGE. “Today’s organizations invest in systems to fulfill their expanding specimen management needs. LABVANTAGE not only helps them satisfy the immediate requirements in a swift and cost-effective manner, but dramatically reduces maintenance requirements and total cost of ownership, resulting in sustained operational efficiencies over the long run.”
LABVANTAGE Solutions, Inc. is headquartered in Bridgewater, NJ, with offices around the world. We offer a comprehensive portfolio of products and services for the laboratory, including laboratory information management (LIMS), quality electronic laboratory notebook (ELN), and business intelligence. Our industry-leading solutions and world-class services are the result of 20+ years of experience in laboratory informatics. We leverage that know-how with state of the art technology to help organizations redefine and optimize the way their laboratories conduct business. LABVANTAGE delivers the best technical and domain expertise available to help you drive the success of your business. www.labvantage.com.
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