Management Company and Information Provider Seek to Streamline Pharmaceutical Companies' Operations

New York, NY (PRWEB) June 27, 2008 -- Vertical*i and Thomson Scientific have joined in a collaborate effort to create a Web-based platform that will aid pharmaceutical companies' development.

Vertical*I, a provider of innovation management solutions, and Thomson Scientific, a research information provider, are working together to create a more streamlined business development process for pharmaceutical companies.

The new collaboration will combine Vertical*i's Application Suite for business development, licensing and alliance management with Thomson Pharma's extensive drug pipeline information.

The Vertical*i-Thomson Web service allows Vertical*i users to search for drugs in Thomson Pharma's extensive database. Data can then be imported into any business development opportunity. Users can then easily manage all of the information involved in the business development deal.

Guy Henninger, senior vice president of business development for Vertical*i, explains that the interface will offer a streamlining of the business development operation in pharmaceutical companies.

"In an increasingly competitive landscape, pharmaceutical companies need a way to identify promising new drugs quickly and evaluate these opportunities efficiently before their competition beats them to the negotiating table," Henninger says.

Jon Brett-Harris, EVP of pharmaceutical/chemical markets at Thomson Scientific, sees the collaboration as a great boost for pharmaceutical companies.

"Our clients have always enjoyed the richness of our content and the ability to research the most up-to-date intelligence on the drug discovery and development pipeline," Brett-Harris says. "The Vertical*i-Thomson interface provides a seamless way to turn this intelligence into action."

Vertical*i and Thomson Scientifics' collaborative effort will ultimately aid pharmaceutical development.

For additional information on the news that is the subject of this release, contact Guy Henninger or visit http://www.dddmag.com/articles.aspx?menuid=38#.

About Vertical*i:

Vertical*i is a provider of innovation management solutions.

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