Bracket acquires CLINapps
Bracket, a clinical trial technology and specialty services provider, has announced the strategic acquisition of CLINapps, an international software development and consulting firm that offers a comprehensive supply chain management product suite, designed to meet the unique requirements of biopharmaceuticals management.
CLINapps will combine its complimentary product offering with the Bracket eClinical suite to deliver a wider range of digital solutions across a trial. With synergies across their individual product offerings, Bracket and CLINapps maintain significant opportunities to revolutionize supply chain management.
“CLINapps’ strong technology fits squarely into Bracket’s goal of transforming the way pharmaceutical companies manage data and interact with sites, investigators and patients,” said Jeff Kinell, CEO of Bracket. “We are extremely excited to converge with CLINapps and work to improve how sponsor companies manage their clinical supply chain.”
CLINapps product portfolio will be tightly integrated into Bracket’s eClinical product suite, adding significantly to the Company’s existing Randomization and Trial Supply Management (RTSM) capabilities. SmartSupplies, CLINApps’ flagship enterprise clinical trial material management software solutions, will afford Bracket the opportunity to manage end to end clinical inventory management for sponsors. Bracket’s new integrated solution will advance areas of demand planning (forecasting), inventory management, cold chain distribution and controls electronic batch records and overall quality control on the labeling, release, assignment and return of clinical trial material.
“This acquisition marks an exciting opportunity for CLINapps and we are so pleased to have partnered with Bracket to help take our SmartSupplies solutions to the next level,” said Tim Elliott, CEO at CLINapps. “Upon recognizing the many synergies that existed, the opportunity to combine our innovative solutions was an obvious answer to advancing the investigational supplies space.”
Founded in 1999, CLINapps maintains offices in San Diego, California, and Hyderabad, India, and will continue to operate these locations, expanding Bracket’s presence in North America and Asia.