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Acquisition to Expand Bracket's eClinical Product Suite and Enhance Bracket RTSM Capability
WAYNE, PA. - Bracket, a leading clinical trial technology and specialty services provider, today announced the strategic acquisition of CLINapps Inc., an international software development and consulting firm that offers a comprehensive supply chain management product suite, designed to meet the unique requirements of biopharmaceuticals management.
Effective today, CLINapps will combine its complimentary product offering with the Bracket eClinical suite to deliver a wider range of digital solutions across a trial. With synergies across their individual product offerings, Bracket and CLINapps maintain significant opportunities to revolutionize supply chain management.
"CLINapps' strong technology fits squarely into Bracket's goal of transforming the way pharmaceutical companies manage data and interact with sites, investigators and patients," said Jeff Kinell, CEO of Bracket. "We are extremely excited to converge with CLINapps and work to improve how sponsor companies manage their clinical supply chain."
CLINapps' product portfolio will be tightly integrated into Bracket's eClinical product suite, adding significantly to the Company's existing Randomization and Trial Supply Management (RTSM) capabilities. SmartSupplies, CLINapps' flagship enterprise clinical trial material management software solutions, will give Bracket the opportunity to manage end-to-end clinical inventory management for sponsors. Bracket's new integrated solution will advance areas of demand planning (forecasting), inventory management, cold chain distribution and controls electronic batch records and overall quality control on the labeling, release, assignment and return of clinical trial materials.
"This acquisition marks an exciting opportunity for CLINapps and we are so pleased to have partnered with Bracket to help take our eClinical clinical supplies solutions to the next level," said Tim Elliott, CEO at CLINapps. "Upon recognizing the many synergies that existed, the opportunity to combine our conceptual and innovative solutions was an obvious answer to advancing this life sciences space."
Founded in 1999, CLINapps maintains offices in San Diego, California and Hyderabad, India and will continue to operate these locations, expanding Bracket's presence in North America and Asia.
Established in 1999 with international offices, CLINapps is a fast-growing software development and consulting firm, creating state-of-the-art systems for the pharmaceutical and biotechnology industries.
With a full time staff of highly skilled industry professionals, and a strong customer focus, CLINapps has a track record of providing high-quality end-to-end solutions for leading Biotechnology and Pharmaceutical companies. By leveraging our extensive domain knowledge and applying proven technologies, our mission-critical solutions give customers a distinct competitive advantage.
Bracket, with seven offices and more than 600 employees worldwide, is a clinical trial technology and specialty services provider dedicated to helping biopharmaceutical sponsors and contract research organizations increase the power of their clinical research data by leveraging core competencies in Science, Technology, and Service. Bracket eCOA is a flexible platform for electronic clinical outcomes assessments. Bracket RTSM is a best-in-breed, scalable and configurable clinical IRT solution for the life sciences industry. Bracket Rater Training and Quality Assurance improve outcomes through customized training and quality assurance programs. Learn more about Bracket at www.bracketglobal.com.