BWI: Blue Star Infotech Implements NAV Elixir for Pharmaceutical Major, Indoco Remedies

Press release from Business Wire India
Source: Blue Star Infotech Ltd
Friday, July 31, 2009 11:41 AM IST (06:11 AM GMT)
Editors: Business: Advertising, PR & marketing, Business services, Healthcare, biotechnology & pharmaceutical, Information technology; Technology; Healthcare
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Blue Star Infotech Implements NAV Elixir for Pharmaceutical Major, Indoco Remedies


Mumbai, Maharashtra, India, Friday, July 31, 2009 -- (Business Wire India) -- Blue Star Infotech, a global provider of IT Solutions and Services and a winner of 2008 Microsoft Dynamics President's Club Award and Best Partner - India Western Region for Vertical Solution Excellence, announced today that it had successfully implemented NAV Elixir for Indoco Remedies, a multi- location pharmaceutical company. BSI's NAV Elixir is a customized ERP solution built by extending the Microsoft Dynamics product suite and specially designed for the Pharmaceutical industry.

Indoco Remedies is engaged in the manufacturing and marketing of Formulations (Finished Dosage Forms) and Active Pharmaceutical Ingredients (APIs) in India. The company caters to the regulated and semi-regulated domestic market.

On the solution going live, Mr. Sundeep V. Bambolkar, Director (Finance & Operations), Indoco Remedies Ltd. said "Blue Star Infotech's past experiences and their integrated ERP customized for the pharmaceutical industry enabled us to quickly implement an integrated platform and leverage industry best practices."

According to Satish Gaonkar, Vice President-Consulting Services, "We created the NAV Elixir product based on our deep experience in the Pharma industry. The NAV Elixir solution addresses the relevant compliance features for cGMP and at the same time keeps the processes simple by leveraging on the simplicity of Navision. We are upbeat on our solution as it is the right fit for pharmaceutical comapnies that provides adequate compliance features as well as brings down the TCO."

About Indoco Remedies

Indoco Remedies is engaged in the manufacturing and marketing of Formulations (Finished Dosage Forms) and Active Pharmaceutical Ingredients (APIs) in India. Indoco has a strong international presence in the regulated and ROW (Rest of the World) markets. The Company is catalyzing its growth through investments in a dedicated Research & Development facility and by enhancing its manufacturing capabilities. Indoco today, has a well-built brand portfolio of 135 products in various therapeutic segments, including high growth life style segments such as Anti-Diabetics, Cardiovascular, Central Nervous System, Musculo-Skeletal, Nutrition and Dental care.

Indoco has built a visible presence across all it's markets in Europe, USA, Asia, Africa, Latin America and other CIS countries. A number of its products have emerged as brand leaders in the Indian and in International markets. Indoco has made significant investments to build capabilities in API manufacturing and R & D services to enhance its visibility. As of today, the company operates in over 35 countries globally for Formulations and APIs.

About Blue Star Infotech

Part of the US$650M Blue Star Group, Blue Star Infotech enables organizations to realize their business goals - by enabling them to eliminate operational inefficiencies and internal constraints through innovative technology and business solutions.

Founded in 1983, it is headquartered in Mumbai, India, with operations in India, USA, Japan, UK and Europe. A Microsoft Gold Certified Partner, BSI is one of the oldest Dynamics partners in India and is currently rated amongst the top 5 in terms of competency and customer base. Its customers within the Pharmaceutical industry include leading companies such as Cipla, Sanofi Aventis, Elder Pharmaceuticals, Sun Pharmaceuticals & Unichem Laboratories.

About Microsoft Dynamics

Microsoft DynamicsT is a line of financial, customer relationship and supply chain management solutions that help businesses work more effectively. Delivered through a network of channel partners providing specialized services, these integrated, adaptable business management solutions work like and with familiar Microsoft software to streamline processes across an entire business.

About NAV Elixir

Blue Star Infotech's NAV Elixir, a flexible and cost-effective solution, based on Microsoft Dynamics NAV, offers a host of features that include Role-based Usage, Bi-directional Batch Control, Dynamic Potency, Batch Tracking and Interactive Quality Assurance. It also includes the features offered by Microsoft Dynamics, such as integration with Finance, Purchase, Sales and Financial Management.

NAV Elixir, tailored for the Indian pharmaceutical industry, enables pharmaceutical companies to meet their existing operational challenges, gain visibility into the supply chain and generate a faster ROI.


CONTACT DETAILS
Payal Jaiswal, Corporate Communications, Blue Star Infotech Ltd, +91 98336 61366, mbs@bsil.com

KEYWORDS
MARKETING, BUSINESS SERVICES, HEALTHCARE, IT, TECHNOLOGY, HEALTHCARE, BLUESTINFO.BO

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