Oracle Introduces Information Architecture for Life Sciences

17-Apr-2002
REDWOOD SHORES, Calif., April 16 - Oracle Corporation today announced the introduction of Oracle's Information Architecture for Life Sciences, an open e-business platform designed to integrate scientific and business applications for pharmaceutical and biotech companies as a mean of unifying data and streamlining business processes. Oracle partner companies -- Acero, Dendrite, geneticXchange, MDL and Sun Microsystems have expressed their support of Information Architecture for Life Sciences as a means to provide the marketplace with an end-to-end solution for the entire value chain, from drug research through sales and marketing. Oracle's Information Architecture for Life Sciences builds on Oracle's Information Architecture which underlies each module of the Oracle(R) E-Business Suite. It enables companies to achieve a unified and global information management strategy efficiently, quickly and at lower IT costs. An open, standards-based applications foundation, Information Architecture consolidates data across Oracle and non-Oracle applications to help improve the quality of information and business intelligence delivered. The key component, the single data model, allows a consistent definition of a customer, supplier, partner or employee across all application modules and the entire enterprise. In addition, the Oracle Information Architecture is accessible from any device, using any standard browser and is easily configurable. In today's competitive market, pharmaceutical and biotech companies need to maximize product profitability over the entire lifecycle. Information Architecture for Life Sciences satisfies this need by automating the transaction flow across the value chain, giving these companies increased efficiency throughout the discovery and development process and reducing time-to-market. In addition, by enabling the collation of key business and scientific data out of disparate applications and creating a system of open "information out," Information Architecture offers a single source of truth to make timely, informed decisions on how to run business practices.

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