BSI Life Sciences Announces Strategic Partnership with Leading Chinese Pharma IT Distributor CloudScientific
The collaboration will open the market for BSI’s eClinical software solutions in China
BADEN, SWITZERLAND, March 30, 2022 – BSI today announced that it has partnered with Shanghai-based pharma IT distributor CloudScientific Technology to launch its flagship products, BSI Clinical Trial Management System (CTMS) and BSI eTMF (electronic Trial Master File) in China, including Hong Kong and Macau. This strategic move is intended to leverage one of the fastest growing ecosystems in life sciences worldwide, with a pharmaceutical market second only to the U.S. in 2020.
According to Jan Nielsen, BSI’s community manager for life sciences, the partnership will support the continued growth of the software house and increase its global reach. “The collaboration agreement we signed with CloudScientific is a major achievement for us, and surely a win for our partner. We are proud and thankful for the opportunity to work with a well-renowned distributor to build our presence in China,” commented Nielsen.
Trusted by 900+ clients in life sciences and clinical R&D, including many of the largest global pharma companies, CloudScientific is a leading implementation and distribution partner, having helped multiple businesses grow from zero to multimillion-dollar revenue in the Chinese market. Over the past 11 years, its YOY growth averaged 30%, with an impressive 70% in 2020. “We are pleased BSI chose us to sell its digital solutions to private pharmaceutical enterprises and academic research institutions in China,” said CloudScientific CEO and founder Jack Lin. “We already have several CTMS leads in the pipeline and I’m confident we’ll close the first deals at the latest by the end of Q3 this year. Simply, the Chinese pharmaceutical market is huge, and so is the demand for eClinical software,” continued Lin.
BSI’s CEO Markus Brunold also celebrated the partnership and anticipated excellent results. “We are delighted to be working with CloudScientific and look forward to a fruitful collaboration. I’m sure this strategic move will not only help us acquire new customers, but also let more prospects know about BSI’s CTMS and eTMF and their great potential to accelerate the time to market of drugs and medical devices,” he remarked.
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With its BSI Customer Suite, the Swiss software company BSI provides a holistic, AI-supported platform for the digitization of customer relationships. For Banking, Insurance, Retail, and Energy & Utilities, the BSI Customer Suite provides everything needed to facilitate an exceptional customer experience. This also includes BSI’s CRM solution with a generative 360° customer view and an AI companion as well as the company’s many years of industry expertise. Around 230 corporate clients use BSI’s software to reach more than 150 million end customers across Europe. Since its founding in Switzerland in 1996, BSI has established itself as a market leader in its focus industries in the DACH region. Its clients include renowned companies such as ADAC, Raiffeisen Bankengruppe, Signal Iduna, and PostFinance. Software and people together – that's what BSI stands for.