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2001

Nugenesis Technologies and PA Consulting Group form a strategic alliance to improve the performance of R&D in the pharmaceutical and life sciences industries - 14 March 2001

Alliance to provide professional consulting services and information management technologies for improved scientific information management

Arlington, VA – NuGenesis Technologies, developers of NuGenesis Scientific Data Management Systems (SDMS) software, today announced a business alliance with PA Consulting Group, a global management, systems and technology consulting firm. PA has a particular focus in consulting in the pharmaceutical and life sciences industries.

Critical to the drug development process is the effective management and maintenance of data generated on a daily basis by research and development activities. PA and NuGenesis Technologies will work with companies to capture the value of this scientific data as a corporate asset by implementing innovative technology to enhance e-business enabled research and development, improve knowledge transfer, enhance compliance with regulations, and integrate scientific content across the global pharmaceutical research & development value chain.

Michael E. McGuinness, president of NuGenesis Technologies Corporation, said:

"Through this alliance we are providing proactive information management solutions for the pharmaceutical and life sciences industries. PA enables us to widen our scope through their innovative and pragmatic approach to improve and shorten development time scales."

Jim Hall, global leader for PA's Life Sciences and Technologies practice, commented:

"Information is the lifeblood of pharmaceutical research and development and new e-technologies, such as the solutions offered by NuGenesis Technologies, which will allow our clients to deliver their new drug products faster and more efficiently to the market.

"As the industry consolidates, companies are actively seeking ways to harmonize and integrate the way they manage their drug discovery and development processes across a diverse and globally distributed network of research and development sites. In this environment, process improvement and the adaptation of new information technologies must drive the next wave of performance improvement. We believe this alliance will enable us to help accelerate our clients' effort to unlock the drug discovery bounty from their understanding of human genomics, and effectively speed these discoveries to the global marketplace."

ends

For more information, please contact:

Rhea Cook
PA Consulting Group
The Chrysler Building
405 Lexington Avenue
New York, NY 10174
United States

Tel: +1 212 973 5965
Fax: +1 212 973 5959
E-mail: rhea.cook@paconsulting.com
 

Notes to editors

NuGenesis Technologies Corporation, headquartered in Westborough, Massachusetts, is the market leader in Scientific Data Management Systems (SDMS). The Company's products and services provide businesses that rely on electronic data with new opportunities to generate competitive advantage, leverage innovation, and create value. NuGenesis' SDMS technology provides new efficiencies in data management, retrieval, and report development to fast-growing science-based companies - so that skilled employees can focus on analysis, interpretation and decision-making.

More information can be found at www.nugenesis.com.

PA Consulting Group is a leading management, systems and technology consulting firm, with a unique combination of these capabilities. Established almost 60 years ago, and operating worldwide from over 40 offices in more than 20 countries, PA draws on the knowledge and experience of some 3,400 people, whose skills span the initial generation of ideas and insights all the way through to detailed implementation.

PA builds strategies for the creation and capture of shareholder and customer value, and helps clients accelerate business growth through innovation and the application of technology. PA works with clients to improve performance, mobilize human resources and deliver change effectively, including managing major projects, and designing and implementing enterprise-wide systems and full e-business solutions.

PA focuses on creating benefits for clients rather than merely proposing them, and this focus is supported by an outstanding implementation track record in every major industry and for governments around the world. PA also develops leading-edge technology both for its clients and within its own portfolio of venture companies in areas ranging from software to wireless technology to life sciences.

PA distinguishes itself from its competitors through the range and quality of its people, the depth of its industry insight, its development and use of technology, and also its independence and culture of respect, collaboration and flexibility in working with clients.

We are proud that our clients say "PA makes it happen".

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See also: 

* PA's pharma and healthcare technology services

* PA's life sciences web pages