Business
Pharmaceutical Contract Win
Pharmaceutical Contract Win.
About this update from Supply@me Capital Plc
[{"type":"text","content":"\n RNS Number : 5695L Imaginatik PLC 14 January 2009 \n \n14 January 2009\nImaginatik Plc\n('Imaginatik' or the 'Company')\n\nPharmaceutical Contract Win\n\nImaginatik plc (AIM: IMTK), a leading provider of cost reduction, process improvement and collaborative innovation software and processes, is pleased to announce it has secured an annual contract with one of the world's leading pharmaceutical companies.\n\nThe annual contract, for 5,000 seats, is further evidence of the Company's strong presence within the pharmaceutical industry with the new client joining the likes of Pfizer, Merck, Novartis and Solvay on Imaginatik's client list. Imaginatik now provides its collaborative software to six of the world's top pharmaceutical companies, assisting those companies in harnessing the knowledge of their thousands of employees to identify potential new products, areas of cost-reduction and process enhancements. \n\nUnder the terms of the contract, Imaginatik will be implementing its core product, Idea Central, across a number of divisions within the client, including Research, Prescription Medicine and IT. Idea Central will play a key role in delivering process and product improvement within these divisions.\n\nA spokesperson for the client commented, 'In furthering our emphasis on Value through Innovation, Imaginatik's Idea Central provided a focal point for idea generation and sharing, streamlined our reviewing process, and served as a vehicle for ongoing communication. We found Imaginatik's software and services to be particularly effective.'\n\nMark Turrell, CEO of Imaginatik plc commented, 'We are delighted to see the investment placed on strengthening our sales team being rewarded with significant annual contract wins which add to our increasingly impressive recurring revenue figure. This contract also once again demonstrates the value of our collaborative software to the pharmaceutical industry and we are confident that this will continue to be an excellent vertical for Imaginatik going forward.'\n\n\nFor further information please contact: \n\n\n\n\n\nImaginatik plc\n\n\nTel: 020 7917 2975\n\n\n\n\nMark Turrell, CEO / Shawn Taylor, CFO\n\n\n\n\n\n\n\nWH Ireland Limited\n\n\nTel: 0121 265 6330\n\n\n\n\nTim Cofman / Katy Birkin\n\n\n\n\n\n\n\nICIS\n\n\nTel: 020 7651 8688\n\n\n\n\nCaroline Evans-J...