SYSTECH AND INVIXO CONSULTING GROUP TO PARTNER ON DELIVERY OF SERIALIZATION AND TRACK & TRACE SOLUTIONS TO PHARMACEUTICAL INDUSTRY IN EUROPE

SYSTECH AND INVIXO CONSULTING GROUP TO PARTNER ON DELIVERY OF SERIALIZATION AND TRACK & TRACE SOLUTIONS TO PHARMACEUTICAL INDUSTRY IN EUROPE

Two leaders in pharmaceutical market solutions enter into global agreement

Princeton, NJ and Søborg, Denmark (March 8, 2017) – Systech International, a global leader in brand protection technologies, today announced its intention to deliver serialization and track and trace solutions with INVIXO Consulting Group A/S, an international consulting group with years of experience supporting pharmaceutical production lines for its customers. With 30 years of experience delivering vision, serialization and track and trace technology solutions globally, Systech will now expand its presence in the geographies that INVIXO supports, including customers of all sizes across Europe, focusing on Denmark, Germany, Italy, Austria and Switzerland.

It is estimated that over the next three years, 15,000 production lines for prescription medication in Europe must be fitted with a serialization system. The European Commission adopted regulation on October 2, 2015, under which the serialization of prescription medicine packages will become mandatory in all EU countries by 2019.

Systech’s serialization solutions currently ensure compliance with the U.S. Drug Supply Chain Security Act (DSCSA) as well as the European Falsified Medicines Directive (FMD). Systech’s UniSeries software is deployed on nearly 1,600 packaging lines, which is 65% more lines than its next largest competitor. INVIXO’s consulting experts are among the most experienced in serialization and track & trace, ranging from the smallest to the largest and most complex clients across the globe. Because Systech’s serialization software is hardware-agnostic, customers enjoy broad flexibility in deploying the most optimal production technologies as well as the ability to retrofit existing lines.
 
“INVIXO’s senior management has a lengthy history of successful consulting engagements in the pharmaceutical industry. They have earned the status of trusted advisor and partner through many compliance-related projects. Our partnership with INVIXO broadens our presence in the European market and allows us to deliver the only integrated solution for serialization, supply chain integrity and brand protection," states Harry Saint-Preux, Systech’s Director, Global Alliances & Channels.

“Systech’s solutions and INVIXO’s experience are a perfect match to meet the current industry challenges within serialization and track and trace. The latter is both imminent and also a long-term challenge that many industries are facing. I believe that our firms can grow the European market faster together – and this is a journey I look forward to,” comments Ralph Nedergaard, Senior Partner, INVIXO.

The two companies’ combined expertise, geographical reach and successful implementations of global serialization and track and trace projects helps ensure pharmaceutical companies reach mandated compliance, minimize downtime, and provide a high level of supply chain integrity.

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