Product category:
Measurement and Quality Software and SPC
News Release from: IDBS
Edited by the Manufacturingtalk Editorial
Team on 19 June 2003
Growth And Profitability Despite Market
Conditions
IDBS, provider of integrated data management, analysis and decision-making software for the life sciences, today reported 14% revenue growth for the year ended 31st December 2002.
IDBS, provider of integrated data management, analysis and decision-making software for the life sciences, today reported 14% revenue growth for the year ended 31st December 2002 The UK-based privately owned software vendor ? whose customers include leading pharmaceutical and biotechnology companies worldwide such as GlaxoSmithKline, Aventis, AstraZeneca, Amgen and Millennium ? announced substantial new sales of its flagship ActivityBase software suite for managing drug discovery data
This article was originally published on Manufacturingtalk on 6 Jul 2004 at 8.00am (UK)
Related stories
IDBS launches XLfit 4
IDBS launches XLfit 4 with curve-fitting models validated by The National Physical Laboratory
Sales of IDBS' chemistry software applications rose significantly.
Growth in software maintenance, corporate licensing and consultancy remained strong as existing customers renewed and extended their collaborations with IDBS.
"We are pleased to report double-digit revenue growth, comprising a sustainable mix of new business, sales of new products, consultancy projects and license renewals," commented Neil Kipling, IDBS' Chairman and CEO.
"Despite the pressure on the pharmaceutical and biotech sectors during the year, companies increased their investment in our chemistry and biology data management software.
The solid foundation for the capture, integration and organisation of data provided by our applications is fundamental for discovery research companies striving to reduce cycle times, increase productivity and lower the overall cost of taking drugs to market.".
• IDBS: contact details and other news
• Email this article to a colleague
• Register for the free Manufacturingtalk email newsletter
• Manufacturingtalk Home Page
Search the Pro-Talk network of sites
