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Instem Continues Global Growth Adding 12 New Clients, More Resources and More Offices

2009-10-14 16:04
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12 Months of Success and Growth Reported by Instem Despite Difficult Global Economy

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Instem, a leading provider of early drug development software solutions, announced today that their comprehensive growth strategy has proved successful, resulting in several announcements related to new clients, resources and offices.

New Clients

Over the past 12 months, Instem’s new clients include Biogen Idec, Cubist Pharmaceuticals, LPT Pharma, RTI International, the University of Southern Maine, WuXi AppTec, Ina Research, Medicilon/MPI, NIEHS, the University of Pittsburgh, NIH and a major US west coast biotech.

“This is an exciting time to be an employee or customer of Instem,” states Phil Reason, CEO. “During this challenging economy we stayed focused on a core commitment of delivering the exceptional client experience and we are seeing the results in every area of the business.”

“In addition to the new names, existing customers have purchased 1,270 new user licenses of our Provantis™ Preclinical software,” comments Gregor Grant, SVP Global Operations. “We are in high demand because our solutions deliver high value. While other vendors stand still or even contract, we’re growing at a steady yet healthy pace, staying focused on what the market needs now, and in the future.”

More Resources

Coinciding with this exceptional growth, Instem has added new resources and roles in the US, UK, China and India within Product Management, Software Development, Sales, Client Management and its Specialized Solutions team. Instem plans to take on additional staff within Marketing, Client Services, Support and Professional Services by the end of 2009.

More Offices

Asia-Pacific

Following the announcement of its 4th client in China, Instem is opening a new full service office in Shanghai to include local sales, professional services, support and software development staff. This follows growth of the Instem team in India earlier this year. Instem solutions are also supported through a full service office in Tokyo, Japan.

North America

Instem has announced that by the end of 2009 its North American headquarters will increase in size by about 60% to accommodate new staff it will be hiring. This full service office will also continue managing sales & support resource locations in Missouri and Michigan.

About Instem

Instem is a world-leading information solutions provider for the Life Sciences - accelerating drug and chemical development by increasing client productivity and enhancing the processes that lead to safer, more effective products. In addition to highly focused departmental and scientific solutions, Instem provides a range of Business Intelligence, Planning, Workflow Management, Document Management and Report Compilation applications.

To learn more about Instem solutions and its mission, please visit www.instem.com

Contacts

Instem
Gary E. Mitchell
610-941-0990 US HQ
gary.mitchell@instem.com