Oracle acquires IP assets of Conformia Software
By abhijit.kakhandiki on Jul 09, 2009
Oracle has acquired the intellectual property assets of Conformia Software.
Conformia's Product and Process Lifecycle Management (PPLM) software has 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.
The addition of Conformia Software technology underscores Oracle's commitment to provide customers with a differentiated, out-of-box industry-based solution.