Veratrak Showcased by UK Government Blockchain APPG

Veratrak was selected as part of a blockchain showcase by the All Parties Parliamentary Group (APPG) on Blockchain highlighting the technological innovation happening in the UK. View the video, created by the APPG below. https://www.youtube.com/embed/contdtXslA8 See the other showcases here: https://www.appg-blockchain.org/online-showcase/

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Veratrak Attends Logistics Innovation Day in Basel

We were delighted to talk at the first LogTech Innovation Day hosted by Panalpina and Plug & Play in Basel. It was a honour for our Head of Product Matthew Wilson to speak alongside some really exciting startups bringing innovation to logistics and supply chain as well as to hear the thoughts of Saeed Amidi, CEO at Plug and Play Tech Center, and Stefan Karlen and Luca Graf from Panalpina.

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Veratrak Announces Growth Financing

We're excited to announce our latest financing as we look to further develop our product offering, expand our customer base and continue in our journey to help the pharmaceutical supply chain to digitise. Bringing on investors with expertise across digital, pharmaceuticals, logistics and technology is exciting and will ensure we can continue to deliver value to our customers. These include ex-head of Corporate Strategy for Microsoft, Charlie Songhurst, EVP of Operations at Vectura Group and previous VP of Global Supply Chain at Baxter, Tony Fitzpatrick and Antonin de Fougerolles, CEO of Evox Therapeutics in addition to leading VC funds, Force Over Mass, Seedcamp, Ascension Ventures, Plug and Play, Blockchain Valley Ventures, and Truesight Ventures. We're delighted to continue to support Veratrak. Having led their previous funding round, we've been impressed with the progress they've achieved in a short period of time and excited for what the future holds post this round of funding. There is a clear need for more innovative solutions to solve numerous inefficiencies across the…

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Veratrak Attends Pharma and Device Packaging and Labelling Europe 2019

Veratrak kicked off the conference season by attending the Pharma and Device Packaging conference in Munich. Overall, we had engaging conversations at our booth with delegates from over 60 companies from the life science industry. The issues with current document collaboration processes with partners, and the complexities of using email communication for document sharing resonated with all those we spoke with. Takeaways from the conference: Some of the key takeaways were on the industry challenges around the artwork collaboration processes and its complexities, further reinforcing the need for a platform like ours. Artwork Process: The artwork process across large and small pharmaceutical companies, especially when outsourcing to the third party suppliers is complex and highly fragmented. Lengthy email threads, version control, no single dashboard for CMO/CPO partners, and non-uniform processes were a few of the reasons sighted. At Veratrak, we are tackling these same issues for our customers and partners and offer a better solution for collaboration on critical quality business processes. Impact of the FMD: One of…

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Veratrak Facilitates Session at EPOCH Group’s Workshop Hosted by Amazon HQ

EPOCH is an industry-specific technology working group that brings together pharmaceutical supply chain executives, emerging technologies thought leaders, standards agencies and 3rd party consultants and innovation groups. Pharmaceutical recalls rose by 52% in the first quarter of 2018 alone, the highest figure in years.Jason LacombeΒ CEO at Veratrak Veratrak CEO, Jason Lacombe, discussed the growth in packaging-related recalls and the potential for innovative technology to reduce inefficiencies across the supply chain and enhance collaboration. Attendees then had the opportunity to discuss problems they were experiencing at their own organisations related to technology and present findings to the rest of the group. Executives from across the pharmaceutical supply chain gathered to discuss various issues and where technology had the opportunity to solve these problems. Veratrak looks forward to attending the next EPOCH Group workshop later this year. If you are interested in participating, you can request information by sending inquiries to: info@epoch-group.org

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Veratrak finalist at the Europas Awards

From thousands of startups across Europe and a rigorous judging process that includes a public vote and a judges vote, Veratrak has been chosen as a finalist for The Hottest Blockchain Project of the Year. The Europas Awards are the premier awards for Europe’s hottest tech companies, celebrating the most ambitious and innovative tech companies. Some of the Veratrak team at the awards ceremony.

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Veratrak Hosts Global Leadership from Boehringer Ingelheim for Duke University Corporate Education Innovation Day

Veratrak was thrilled to host 40 global leaders from Boehringer Ingelheim (BI) who, with Duke Corporate Education, took part in an initiative built to develop leadership for "what's next". Top executives from BI spent the morning at the Veratrak HQ in London learning how we aim to continuously innovate, what challenges this presents, and how we surpass these roadblocks.Veratrak CEO, Jason Lacombe, discussed strategies to employ that ensure organisations are always forward looking and gave insight into how we do this at Veratrak. Veratrak partners EPOCH, Egnyte and Amazon Web Services also took part in presenting, each sharing tools and tactics that allow organisations to be prepared for the future, in a rapidly changing environment.

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Veratrak meets with 45 C-level Executives from Indian Pharmaceutical Companies on UK Department of Trade Mission

Veratrak was selected as a delegate of UK biopharmaceutical companies to attend a Department of International Trade (DIT) Mission to India. It was a prestigious opportunity for Veratrak to be chosen as a notable software solution for the pharmaceutical industry and further promote trade between the two countries. The DIT organised round table discussions with top leadership from life sciences companies in the three largest pharmaceutical hubs in India: Mumbai, Ahmedabad and Hyderabad. The delegation met with large pharmaceutical companies and Indian state policymakers in an effort to promote business between Indian and UK companies in the pharmaceutical industry. Matthew Wilson and Sanjay Raturi represented Veratrak at the delegation and interacted with over 45 C-level executives over five days. They also visited GxP manufacturing facilities in India, enabling the Veratrak team to better understand the challenges and opportunities presented by Indian markets. Key takeaways from the opportunity were that India has an established pharmaceutical industry, focused on exports. As Indian companies are manufacturing for their customers in highly…

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Veratrak attends Contract Pharma’s 2019 Contracting & Outsourcing Conference in New Brunswick, New Jersey

Veratrak attended the 18th Annual Contract Pharma Contracting & Outsourcing Conference this September, held in New Brunswick in the U.S. The team was excited to engage with over 150 companies from around the world over two days on the exhibition floor at the Hyatt Regency Hotel. Speakers covered advancements in topics, ranging from contract manufacturing and development services, and learned about the changing C(D)MO industry, regulatory challenges, GMP compliance, mitigating clinical supply chain risks, and outsourcing to China. "One of my key takeaways from this conference was that companies are now looking beyond serialization for use cases that improve supplier collaboration and efficiency. A common theme we heard was around the secure sharing of critical quality batch documentation. All the people we spoke with were excited about our platform and its ability to streamline so many of these paper heavy business processes."β€” Jason Lacombe, CEO "Experts at the conference reinforced the trend that outsourcing within the industry is outpacing the industry’s growth, meaning everyone needs software to address…

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Veratrak attends FutureLink conference in Nashville

FutureLink is the industry's only event that gathers hundreds of leaders from across the life sciences to collaborate on creating digital supply network solutions. TraceLink hosts two annual FutureLink events, one in the U.S. and one in Europe, to provide global and regional perspectives on the evolving pharmaceutical supply chain. TraceLink, the world's largest integrated digital supply network, announced the launch of the Digital Network Platform today at its FutureLink event in Nashville. The Digital Network Platform will provide an environment for the development of network orchestration applications that enable partners to integrate and exchange transactional information interoperably about common business processes through standardized, secure, and permissioned interfaces, thereby creating new digital business process ecosystems that have never existed before. Veratrak are excited by the collaboration opportunities that a platform like the digital network platform can create. "It was great to hear experts describe how they are tackling the need to optimize the packaging and artwork process. It is clear that there is a real appetite to address…

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