Formpipe receives an order from Bluefish Pharmaceuticals regarding a cloud-based Enterprise Compliant Platform, for managing their Quality Management processes. The total order value amounts to SEK 3.6 million over five years.
“We are very happy to announce another new customer in the Life Science sector on the X-docs platform. We can see a gradual increase in the demand for cloud services. This is positive for us as supplier, the revenues usually are 100 percent recurring and since we can offer multiple delivery models we can fully match the needs of companies of varying size and geographic spread”, says Christian Sundin, CEO of Formpipe.
The product suite (X-docs™, X-train™ and X-forms™) utilises much of the basic functionality offered by SharePoint particularly around the basic data model, versioning, access control and management of the audit trail. On top of this functionality there is a set of configurable features to provide a comprehensive platform to enable Life Science companies to easily meet the compliance standards required by the regulatory agencies in the sector.
For additional information, contact: Christian Sundin, President and CEO of Formpipe, +46 705 67 73 85
ABOUT BLUEFISH PHARMACEUTICALS Bluefish has undergone significant international expansion since the company was founded in 2005. Bluefish focuses on the development, manufacture and sale of generic pharmaceuticals. The company conducts marketing operations in a large number of European markets and is expanding into territories outside Europe. The product portfolio consists of a total of approximately 80 products and is growing. www.bluefishpharma.com
ABOUT FORMPIPE Formpipe develops ECM products and solutions for structuring information and supplies them to major companies, authorities and organisations. ECM products help organisations to capture, manage and distribute information, and to place it in context. The company’s software helps improve efficiency, cut costs and reduce risk exposure. Formpipe was founded in 2004 and has offices in Sweden, Denmark, United Kingdom, The Netherlands and USA. The Formpipe share is listed on NASDAQ Stockholm. www.formpipe.com
This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.
The information in this press release is of the kind that Formpipe Software AB (publ) is required to disclose in accordance with the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. This information was submitted for publication on Tuesday, May 31, 2016.