PALO ALTO, CA, November 8, 2017 – Science Exchange, the world’s leading and most secure enterprise platform for outsourced research services and procurement of human biospecimens, announced today that REPROCELL has selected the Science Exchange platform as the primary marketplace to offer access to its predictive drug discovery assays for the biopharma research community.
With REPROCELL as one of Science Exchange’s qualified service providers, researchers now have access to a diverse range of preclinical assay services using fresh human tissues, stem cells, and 3D models which offer the biopharma industry novel tools for investigating the safety and efficacy of new drug candidates early in the drug discovery process.
In addition, researchers are empowered to focus on innovation, while Science Exchange takes on the role of supporting the identification of new service providers such as REPROCELL, managing a secure contracting process, and delivering analytics to track performance and report process improvement.
“Our predictive drug discovery services using fresh human tissues, stem cells and 3D models are instrumental for researchers in the biopharma industry in ensuring the safety and efficacy of drug candidates in early stage development and mitigating the risk of unpredicted findings at a later stage,” said David Bunton, Ph.D., CEO of REPROCELL. “Our partnership with Science Exchange will enable researchers from all over the world to access our assay services while gaining the operational and service support that Science Exchange is known for in the scientific community.”
“The Science Exchange platform allows global biopharma researchers to source and secure research products and services in a highly compliant manner from a global network of 2,500+ commercial and academic research service providers,” said Elizabeth Iorns, Ph.D., co-founder and CEO of Science Exchange. “We are proud to add REPROCELL, a company well-known for its innovative stem cell technologies, preclinical assay services, and extensive repository of human tissue samples, to our network of qualified service providers – giving researchers easy access to powerful tools for new drug candidates’ investigation via the Science Exchange platform.”
REPROCELL Inc. was established in 2003 with the goal of contributing to people’s health and welfare through development of cutting-edge stem cell technologies, and has further diversified its unique portfolio to include predictive drug discovery services, as well as a global biorepository of human biospecimens and prospective collections which are instrumental for scientists researching disease areas including autoimmune, inflammatory, rheumatology, urology, and oncology. REPROCELL has an extensive network of more than 600,000 human tissue, serum, DNA and RNA samples from over 120,000 patients, spanning four continents. For more information, visit www.reprocell.com. Follow the company on Twitter @REPROCELL_group.
About Science Exchange
Science Exchange is the world’s leading and most secure platform for outsourced research, providing an efficient procure-to-pay platform for ordering 6,000+ services from a network of more than 2,500 qualified scientific service providers, all with pre-established contracts in place that protect client intellectual property and confidentiality. The platform increases access to innovation and improves productivity, freeing scientists from administrative tasks and delays associated with sourcing, establishing and managing service provider contracts. Additionally, the Science Exchange enterprise program enables large R&D organizations to consolidate research outsourcing spend into a single strategic relationship, driving efficiency, improving transparency and oversight, and delivering cost savings. Since being founded in 2011, Science Exchange has raised more than $58 million from Norwest Venture Partners, Maverick Capital Ventures, Union Square Ventures, Collaborative Fund, Index Ventures, OATV, the YC Continuity Fund, and others.