NEW YORK, April 21, 2017 /PRNewswire/ -- TraceLink Inc., the World's Largest Track and Trace Network for connecting thelife sciences supply chain and eliminating counterfeit prescription drugs from the global marketplace, today announced that the TraceLink Life Sciences Cloud has been named a Gold winner of the Edison Award™, awarded for innovation in the Data Security
"Protecting and securing the integrity of the global pharmaceutical supply chain is critical to ensuring patient safety, and is the core of our company mission," said Shabbir Dahod, president and CEO, TraceLink. "We are honored to be recognized again as an Edison Award winner, a prestigious accolade that distinguishes the most innovative products on today's market. For over a decade, we have been committed to delivering an end-to-end digital supply chain solution exclusive to the life sciences industry, to enable the secure exchange of compliance information and product data between trade partners and help our customers meet global regulatory requirements."
"Our judges recognized TraceLink as a true innovator out of the many products in its category," said Frank Bonafilia, executive director of the Edison Awards.
In 2013, TraceLink was recognized as an Edison Award winner for its innovation in the health management category, joining other prior Edison winners such as Apple, GE Healthcare, SpaceX and other visionaries driving transformation in business and society.
With nearly 600 customers and more than 249,000 members on the network, the TraceLink Life Sciences Cloud is the largest globally networked track and trace pharmaceutical ecosystem that allows pharmaceutical companies, wholesale distributors, hospitals, pharmacies to exchange large volumes of data with trading partners and government entities.
The ballot of nominees for the Edison Awards was judged by a panel of more than 3,000 leading business executives including past award winners, academics and leaders in the fields of product development, design, engineering, science and medical.
Edison Award winners represent "game changing" products and services, as well as excellence and leadership in innovation. Being recognized with an Edison Award has become one of the highest accolades a company can receive in the name of innovation and business. The awards are named after Thomas Alva Edison (1847-1931) whose inventions, new product development methods and innovative achievements literally changed the world, garnered him 1,093 U.S. patents, and made him a household name around the world.
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 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. A winner of numerous industry awards including Deloitte's Technology Fast 500 (ranked number 149 in 2016), the Amazon AWS Global Start-Up Challenge Grand Prize, and the Edison Award for Innovation in Health Management, the 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 Goldman Sachs, FirstMark Capital, Volition Capital and F-Prime Capital.
About the Edison Awards™The Edison Awards is a program conducted by Edison Universe, a non-profit, 501(c)(3) organization dedicated to fostering future innovators. The Awards have been recognizing and honoring the best in innovations and innovators since 1987. They honor game-changing innovations that are at the forefront of new product and service development, marketing and human-centered design, and are one of the highest accolades a company can receive in the name of successful innovation. For more information about the Edison Awards complete program and a list of past winners, visit www.edisonawards.com.
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