TraceLink Wins 2015 CPhI Pharma Award for Innovation in Supply Chain and Logistic Management

NORTH READING, MA--(Marketwired - Oct 22, 2015) -  TraceLink Inc., the world's largest track and trace network for connecting the life sciences supply chain and eliminating counterfeit prescription drugs from the global marketplace, today announced that the Life Sciences Cloud has received the 2015 CPhI Pharma Award for Innovation in Supply Chain and Logistic Management. The 2015 CPhI Pharma Awards, held in Madrid, Spain on October 13, recognize pharmaceutical companies that turn inspiration into innovation and celebrate thinkers and creators breaking new ground in formulation, process development, packaging, technology and more. After the company was selected as one of 16 finalists, Jean-Marie Aulnette, vice president, EMEA at TraceLink presented the Life Sciences Cloud solution to a jury of industry judges in Madrid, and later accepted the award during an evening reception.

"We're honored that CPhI has recognized TraceLink as an innovative supply chain pioneer, particularly in a year where more than 70 companies were evaluated," said Shabbir Dahod, president and CEO of TraceLink. "As one of only seven companies to receive CPhI's top honor this year, this award demonstrates how unique and effective the Life Sciences Cloud is at enabling the entire pharmaceutical supply chain to meet track and trace regulations anywhere in the world, and ensure that life-saving medicines reach patients in the most secure and timely manner possible."

The TraceLink Life Sciences Cloud is a network platform that pharmaceutical manufacturers, wholesalers, repackagers and pharmacies trust to deliver safe medicines to patients everywhere. A single point and click connection to the Life Sciences Cloud allows nearly 200,000 pharmaceutical suppliers -- from the largest drug manufacturers to the smallest pharmacies -- to gain complete global connectivity with all of their supply chain trading partners. TraceLink customers are able to take advantage of a fully integrated suite of applications for global serialization, track and trace, and government reporting solutions to achieve compliance and minimize risk.

Every year, CPhI recognizes technologies, systems and services that present new, innovative options for drug manufacturing, formulation and process developments, APIs and excipients, packaging, supply chain and logistics, and outsourcing. This year, there were more than 70 entries across different categories for the CPhI awards, of which only seven were crowned as winners. The jury that rigorously interviewed the 16 finalists for CPhI Pharma Awards, comprised industry experts, including Dr. Michael Platscher, Merck & Cie; Dr. Hendrik Baumann, Arevipharma GmbH; Mrs. Veronique Bregeon, Merial - a Sanofi company; and, Dr. Rene Bommer, pharmAccel Consulting.

About TraceLink
TraceLink is the world's largest track and trace network for connecting the Life Sciences supply chain and eliminating counterfeit prescription drugs from the global marketplace. Leading businesses, including 16 of the top-20 global pharmaceutical companies, trust the TraceLink Life Sciences Cloud to deliver complete global connectivity, visibility and traceability of pharmaceuticals from ingredient to patient. A single point and click connection to the Life Sciences Cloud creates a supply chain control tower that 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 used 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 or follow us on LinkedIn, Twitter and Facebook.

TraceLink is funded by FirstMark Capital, Volition Capital and Fidelity Biosciences.