Business News

Oracle Buys Intellectual Property Assets of Conformia

Thursday 18. June 2009 - Today Oracle announced that it has acquired the intellectual property assets of Conformia Software.

News Facts
— Conformia’s Product and Process Lifecycle Management (PPLM) softwarehas unique capabilities for Life Sciences companies to manage drug design, development and transfer to production across Bio, Pharmaceutical and Chemical drug components.
— Oracle plans to integrate Conformia’s product and technology into Oracle Agile PLM solution to offer an end-to-end solution for managing drug development, packaging and commercialization.
— Oracle plans to provide integrations to Oracle applications, Oracle Health Sciences applications and 3rd party systems.
— This combination will enable Pharmaceutical and Bio-technology companies to accelerate innovation, meet regulatory objectives and improve productivity.
— Financial details of the transaction were not disclosed.


Supporting Quotes


— “The addition of Conformia Software technology underscores Oracle’s
commitment to provide customers with a differentiated, out-of-box
industry-based solution,” said Oracle Vice President of PLM Strategy
Hardeep Gulati. “Oracle’s PLM offering will give our Life Sciences
industry customers a complete solution to manage the entire
pharmaceutical and biotechnology production and distribution
lifecycle.”


Supporting Resources

— Oracle’s Agile Product Lifecycle Management

— Oracle for Healthcare