July 24, 2018

TraceLink Adds More than 130 New Customers in Q2 2018 with 255 Companies Now Live in Production, Exchanging Serialized Product Data on the Life Sciences Cloud

NORTH READING, Mass. — TraceLink Inc., the World’s Largest Track and Trace Network for connecting the life sciences supply chain and providing real-time information sharing for better patient outcomes, today announced it added more than 130 new customers in the second quarter of 2018, up 124 percent annually in quarterly customer growth, for a total of 939 customers in 39 countries. Additionally during the second quarter, 42 new pharmaceutical companies and contract manufacturing organizations (CMO) were configured for data exchange on the TraceLink network, for a total of 255 manufacturers that are now live in production, delivering serialized prescription medicines to markets around the world.

“I am extremely proud of the entire team at TraceLink and our continued success to meet the serialization and track and trace needs of the industry. Every department is integral to our momentum, helping TraceLink to considerably widen its position as the global market share leader, and meeting the high standard of service excellence that our customers have come to expect,” said Shabbir Dahod, president and CEO, TraceLink. “Companies we’re engaged with are telling us that most serialization projects with other solution providers are taking more than a year to implement and are over budget – whereas TraceLink’s average implementation time for serialization is less than eight months and comes with no hidden costs. Our unique network-tenant approach enables TraceLink to implement the fastest and most comprehensive integration with trade partners, ensuring that business can achieve their serialization goals on time and on budget.”

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