Axendia Joins Forces with Microsoft to Strengthen BioIT Alliance

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FOR IMMEDIATE RELEASE
Contact: Monica Malave
Director, Marketing & Communications
mmalave@axendia.com

Yardley, PA, October 24, 2006 Axendia, a trusted advisor to Life-Science Executives on Business, Regulatory and Technology strategies, today announced that it has joined forces with Microsoft to strengthen the BioIT Alliance. 

Life science companies have unique technical challenges such as the need for more comprehensive data integration solutions, better technical collaboration and stronger knowledge management capabilities. The BioIT Alliance brings together science and technology leaders to consider innovative ways to address these challenges and use technology to reduce costs, streamline research and market their products more effectively. 

“We are pleased that Axendia, a leading advisory firm in the Life-Sciences Market, has joined the Alliance” said Don Rule, Microsoft’s Program Manager for the BioIT Alliance. “The Alliance unites the pharmaceutical, biotech, hardware, and software industries with leading advisory firms like Axendia, to explore new ways to share complex biomedical data and collaborate among multi-disciplinary teams to speed the pace of discovery in the Life Sciences” 

The Alliance will enable members to share information and to provide technical information about the solutions that they offer to the public. Alliance members will also collaborate on Proof of Concept applications that will address critical bottlenecks in discovery of new knowledge and application to our daily lives. 

“We are honored to join forces with Microsoft on the BioIT Alliance,” said Daniel R. Matlis, Founder and President at Axendia. “Through the Alliance, Axendia joins some of world’s top technology providers, to help the Life-Sciences industry move closer to making personalized medicine a reality”. 

About Axendia:

Axendia is the leading analysis firm focused strictly on the Life-Sciences and Healthcare markets. Our Mission is to be the most trusted advisor to Life-Science Executives on Business, Regulatory and Technology issues. With over 16 years experience in the Life-Sciences and Healthcare industries, Axendia provides a unique combination of hands on experience coupled with strategic vision. This enables us to successfully identify, create and execute strategies which provide lasting business value for our clients. Additional information on Axendia’s can be found at http://www.axendia.com/

About BioIT Alliance:

Formed in 2006, the BioIT Alliance is a cross-industry group working together to improve biomedical information technology on the Microsoft platform. Founding members include Affymetrix, Inc., Accelrys Software Inc., Amylin Pharmaceuticals, Inc., Applied Biosystems, The BioTeam Inc., Digipede Technologies LLC, Discovery Biosciences Corporation, Geospiza Inc., Hewlett-Packard Development Company, L.P., InterKnowlogy, Microsoft Corporation, Sun Microsystems Inc., VizX Labs LLC and other key companies in the pharmaceutical, biotech, hardware and software industries. Additional information about the BioIT Alliance can be found on the BioIT Alliance Web site at http://www.bioitalliance.org/

About Microsoft:

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.


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