BRAINLOOP JOINS MASSACHUSETTS BIOTECHNOLOGY COUNCIL AS THE FIRST MEMBER PROVIDING AN OUTLICENSING AND COLLABORATION PLATFORM
Boston, January 27, 2010 - Brainloop, the leading supplier of software solutions for high-security management of confidential documents, today announced it has joined the Massachusetts Biotechnology Council (MassBio). Brainloop appealed to MassBio as a member based on the strengths of Brainloop's highly secure online work space for outlicensing and collaboration that provides secure document management and 24/7 global access. Brainloop is the first partner accepted into MassBio that offers an application for collaboration and licensing transactions.
"As a company with specific expertise in the life sciences sector, Brainloop is a valuable member of our council," said Robert Coughlin, MassBio President & CEO. "Their Secure Dataroom platform is poised to play a leading role in the biotechnology industry as it becomes more global in its collaborations and partnerships."
As a web-based application, the Brainloop Secure Dataroom allows businesses to share confidential documents across widespread networks of employees and partners-whether they are inside or outside the company. Bank-grade encryption, secure document presentation and a tamper-proof audit trail of all document accesses and related communications provide unrivaled document security within an easy-to-use and easy to implement solution.
"Members of MassBio will find our solution ideal for executing their licensing transactions or collaboration projects more efficiently," said Brainloop President Uli Mittermaier. "The application allows them to disseminate information to discovery teams, CROs and development partners across the globe. Sophisticated security controls help them to protect their intellectual property and reduce risk."
Brainloop's ease of use and customer service has brought the company accolades from the life sciences community. Says Mark de Souza, Ph.D., Vice President of Business Development at Dyax Corp., "We use Brainloop to set up and manage our secure data rooms. It's very easy for us to define different levels of access privileges, control whether specific individuals are allowed to print or forward documents, and create personalized watermarks each time a user downloads a document. Brainloop service is exceptional - in the years that we have worked with them, they've always responded to our questions and service requests promptly, professionally, and thoroughly."
Brainloop, with offices in Boston and Munich, is the leading supplier of software solutions for high-security management of confidential documents. Brainloop Secure Dataroom is a virtual document safe that enables safe filing, editing and distribution of highly confidential documents within a single company, and beyond. All contents are powerfully protected from unauthorized internal or external attacks, and all actions within the data room are documented by a tamper-proof audit trail. Frequent uses include contract negotiations, collecting data and writing up quarterly reports, and any other communication that contains confidential information.
Brainloop Secure Dataroom is used internationally by hundreds of renowned companies including BMW, Deutsche Telekom, Eurocopter, Galileo Industries, Sky (formerly Premiere) and ThyssenKrupp. Leading law firms and investment banks use this solution for the complete life cycle of M&A transactions. Strategic partners of Brainloop are HP, F-I-TS, Microsoft and T-Systems Business Services. http://www.brainloop.com
MassBio Membership gives you:
Purchasing power-MassBio negotiates a broad-based collection of services on behalf of member companies and passes the savings on to its members.
Networking and professional development-MassBio organizes and executes numerous conferences, committee meetings, and networking events throughout the year.
MassBio Signature Events-Attend our Investors Forum, Innovator Roundtables, Pharma Days, our Golf Classic Fundraiser, Policy Leadership Breakfast, and many others.
Public policy & Advocacy-As the state's leading advocate for our life science super cluster, we fight for public policy initiatives and tax incentives in Massachusetts and Washington, D.C., that will enable biotechnology companies to do their best work.
Economic development-MassBio provides expert advice and guidance to help companies find suitable locations and resources as they move to and grow in the Bay State. We make Massachusetts a better place for your business.
Visibility/Resources-Members are listed on a searchable directory that includes a profile and link to the company's website. We highlight your company's latest news by posting to our MassBio member news page. In addition, members can post job openings on our website free!
Educational incentives-We promote education, workforce development and lifelong learning through the MassBioEd Foundation. The foundation customizes training programs for companies and educational institutions and promotes science in the classroom through BioTeach. MassBio members receive a discount on courses offered by the foundation.