Clarivate Launches Cortellis Supply Chain Network, a Revolutionary Digital Partnering Solution

The Cortellis Supply Chain Network, a component of the Cortellis portfolio of life science intelligence solutions, was launched today by Clarivate Plc, a global leader in delivering trusted information and insights to accelerate the speed of innovation. The solution aids generics businesses, API manufacturers, fine chemical manufacturers, excipient manufacturers, raw materials suppliers, and pharmaceutical companies in their efforts to maintain a solid supply chain, ensuring that therapies are available to all patients. More than 70K+ companies – buyers and sellers – can be connected through the Cortellis Supply Chain Network, with more data added every day by the expert research team and directly by users.

With the coronavirus pandemic revealing additional flaws in the global supply chain, vulnerabilities in pharma supply chains have been a growing concern in the industry.

As a result of these flaws, major industry players ranging from manufacturers to government entities have begun to proactively monitor and reduce supply risk. It can be difficult for procurement, sourcing teams, and manufacturers to find new suppliers and connections inside generics and biopharma companies to supply APIs or excipients for medication production. It's difficult for buyers to keep track of new manufacturers and established manufacturers' development into new capabilities, and it's difficult for sellers to differentiate themselves from the competition.

Cortellis Supply Chain Network is a secure marketplace that enables buyers and sellers to find potential partners, connect with the appropriate point of contact, and handle all stages of the deal, from quotation to closing. The network will allow industry participants to establish strong supply chains and discover alternative sources during exceptional times as demand for more accessible therapies increases.

Identifying alternative API suppliers and other key components may assist create a resilient supply chain by preventing production delays caused by unexpected events. Cortellis Supply Chain Network gives customers access to constantly updated manufacturing data, saving time and allowing them to properly evaluate potential partners. To validate API producers' pipeline and production capabilities, high-quality product data is combined with primary research on them. With information on the most recent inspections, warning letters, GMP Certificates, supply problems, and more, users can monitor and manage supply risk. It also provides users with customized updates, documentation, and notifications to help the industry's overall supply transparency.

The Clarivate Research Intelligence Network powers the Cortellis Supply Chain Network, enabling more extensive research and analysis throughout market assessment operations. Clarivate has made and will continue to make numerous investments to extend and enhance its portfolio of life science intelligence products in response to client requirements, including the Cortellis Supply Chain Network.

About Clarivate
Clarivate is a worldwide pioneer in delivering solutions that help companies accelerate the innovation lifecycle. In the fields of science and intellectual property, our ambitious goal is to help clients solve some of the world's most difficult issues by delivering actionable information and insights that shorten the time between new ideas and life-changing innovations. We use our trusted subscription and technology-based solutions, as well as deep subject knowledge, to help clients find, protect, and commercialize their inventions.