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Founded in 1972, SAP has been a player in the pharmaceutical and life science industry right from the beginning. Headquarters in Walldorf , Germany , allowed strong ties with German and Swiss pharmaceutical companies to develop quickly as SAP became the world's leading provider of e-business software solutions. Through the mySAP.com® e-business platform, people in businesses around the globe are improving relationships with customers and partners, streamlining operations, and achieving significant efficiencies throughout their supply chains.

With the mySAP Pharmaceuticals industry-specific solution, not only are companies able to manage their finances, production, and logistics, but they are also enabled to manage their R&D projects, their customer relationships, and their regulatory compliance. SAP's position as a leader in pharmaceutical solutions remains strong, with more than 800 installations around the world.

The Life Sciences arena is a complex business landscape, and it grows more complex every day. Intense competition across industry segments means that "first to market" does not necessarily equal market leadership. Scientific advances are revolutionizing the process of finding and developing new drugs and medical products. Complex medicines and medical devices require long R&D cycles with time-consuming and expensive discovery, engineering, and design phases, and pre-clinical and clinical development.

Regulatory agencies are becoming increasingly vigilant in assuring the safety of products at all stages of the product life cycle, from manufacturing and distribution to consumption and use. And this landscape is changing daily.

With SAP for Life Sciences solutions, companies of all sizes in pharmaceuticals (ethical, generic, specialty, OTC), biotechnology, diagnostics, and medical devices and products can have improved visibility and real-time access to information to help anticipate, analyze, and respond to market demands. Life Science solutions deliver the technical foundation you need to address these complex, often conflicting business challenges:

•  Product safety management

•  Regulatory compliance

•  Electronic signature and audit trails

•  Electronic batch recording

•  Mobile computing, including hand-held device interaction with a remote system

•  Unit management and recipe management

•  Version control

•  Integrated hubs for process control

•  Process operations cockpit to monitor production execution

•  Automated process for master data approval

•  Product pipeline gap identification

•  Increased market transparency

•  Reduced transaction costs

•  Reduced order cycle times

•  Reduced administrations costs

•  Lowered operational costs due to reduction of accidental errors

For further information, see the following links:

http://www.sap.com/company/press/factsheets/lifesciences.epx

http://www.bio-itworld.com/champions/tilman_binder.html