TraceLink and Sharp Corporation Partner to Provide Production Visibility and Serialization Services for Life Science Customers

November 5, 2010

TraceLink, Inc., provider of the World’s 1st Industry-Wide Supply Collaboration Network, and Sharp Corporation, world class provider of healthcare contract packaging, design, and engineering services, today announced that Sharp has joined the TraceLink Network. By integrating Sharp’s packaging and serialization services with TraceLink’s collaborative supply network, Sharp’s 80+ pharmaceutical, biopharmaceutical and OTC customers will gain improved performance, visibility and coordination throughout contract packaging and finished goods distribution.

“Our mission is to create customized packaging solutions for our customers’ unique needs, particularly the faster moving, smaller and under-resourced companies,” said Rick Seibert, vice president – project management & NBD, Sharp Corporation.  “The TraceLink Network gives us and our customers shared visibility into the production process from material receipt to quality release and product shipment. As a result, we can reduce cycle-time, improve on-time delivery and be more responsive to changing customer requirements.”

“Sharp has a large base of globally diverse customers with specific, localized packaging requirements,” said Shabbir Dahod, president and chief executive officer of TraceLink, “With the TraceLink Network, Sharp can leverage our “integrate-once, interoperate with everyone” transaction platform to create rich information connections to their growing network of pharmaceutical companies and contract manufacturing partners. This will accelerate Sharp’s ability to collaborate with customers on new value-added services.”

In addition to current work integrating Sharp’s packaging systems with TraceLink’s collaboration platform, Sharp and TraceLink are also collaborating on the technical development of serialization services in preparation for 2015 pedigree and serialization regulatory mandates in the United States. These mandates include item-level serialization of drug products and the establishment of an electronic pedigree chain of custody.

Sharp and TraceLink plan to roll out the integrated solution to joint Life Science customers starting in the first quarter of 2011.

About TraceLink:

TraceLink brings the ease of connectivity, integration and collaboration found in social networks to today’s global supply chain through the TraceLink Network. The TraceLink Network is a Cloud-based platform that prevents counterfeits, detects diversion, minimizes inventory, reduces cycle-time and ensures on-time delivery for all members of the supply chain by integrating its participants into a network of interoperable, collaborative business processes shared across companies. Brand owners and their supply chain partners quickly forge high-value partnerships by connecting with an “integrate-once, interoperate with everyone” transaction platform, an integrated set of shared business objects and a collaborative team workspace that puts key and actionable supply network data into the hands of business owners.

TraceLink is funded by FirstMark Capital, a venture capital firm managing more than $2 billion in capital commitments. For more information on TraceLink and our solutions, visit www.tracelink.com.

 

About Sharp Corporation:

Sharp Corporation is a world class provider of healthcare contract packaging, design, and engineering serving the Rx, OTC, biotechnology, clinical, nutritional, animal health, and personal care markets. Sharp is recognized for delivering reliable, cost-effective blister packaging, bottling, carded blisters, pouching, and customized solutions to a customer base ranging from small to mid-size pharmaceutical companies up to an including many of the top ten international pharmaceutical and OTC firms. In addition, Sharp offers extensive serialization and track and trace services for international packaging needs. Sharp’s stellar quality and compliance systems have resulted in an outstanding audit history with multiple regulatory agencies including the FDA, DEA, EMEA, and MHRA.

Sharp is owned by United Drug Plc, a leading international provider of services to pharmaceutical retailers and manufacturers. For more information on Sharp Corporation, visit www.sharpcorporation.com.

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