Certara Forms Strategic Collaboration with Hedera Hashgraph
October 15, 2018 at 10:30 pm IST
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Certara announced that it has formed a strategic collaboration with Hedera Hashgraph. Synchrogenix, Certara’s regulatory sciences division, has been building distributed applications in the life sciences and healthcare markets that will expand its reach in the areas of transparency and disclosure, regulatory reporting and data sharing, and collaboration/communications from drug development through market access. Synchrogenix has already developed a proof of concept (POC) in industry supply chain management in collaboration with Hedera. This POC is centered on the global challenge of drug shortages, which have recently been prominent in the news due to a number of quality and supply issues. This type of near-real time information availability and transparent flow of critical supply data is vital for informed risk management and better responsiveness to stakeholders. The life sciences industry is premised on creating treatments and making them readily available to the people who need them. Synchrogenix has long supported the life sciences and healthcare industries by providing technology solutions for managing regulatory requirements, stakeholder communications, and transparency and disclosure requirements.
Certara, Inc. is a provider of biosimulation technology and solutions for using Model-Informed Drug Development in the global biopharmaceutical industry. It is focused on producing medicines using proprietary biosimulation software, technology and services to transform traditional drug discovery and development. Its customers include life sciences companies of all sizes along with contract research organizations, academic institutions, and global regulators. Its software and service are used by approximately 2,400 biopharmaceutical companies and academic institutions across 66 countries, including 38 of the top 40 biopharmaceutical companies. It has operations in the United States, Australia, Canada, China, France, Germany, India, Italy, Japan, Luxembourg, Netherlands, Philippines, Poland, Portugal, Spain, Switzerland, Egypt, and the United Kingdom.