Science Exchange, the SaaS-enabled marketplace for outsourced research and development (R&D), today announced that it has been named a finalist for the World Procurement Awards. These awards are the most celebrated accolades in procurement, awarded by Procurement Leaders in association with Basware. Alongside leading innovators including GEP, Icertis, Market Dojo, and SpendHQ, Science Exchange is on the shortlist for the Best Procurement Technology award.
Science Exchange was recognized for its source-to-pay platform for R&D services, used by the top pharmaceutical and biotechnology companies to source, order, manage, and pay for outsourced R&D from Science Exchange’s network of 3,000+ prequalified, fully contracted service providers. By using the platform, organizations eliminate project initiation delays and save up to thousands of hours a year. These time savings are crucial in the competitive drug discovery industry, where speed is a requirement for filing and protecting IP as well as getting therapies to patients.
“We are honored that our technology solution, which has helped so many of our clients accelerate breakthrough discovery, has been recognized by Procurement Leaders for the fourth consecutive year,” said Elizabeth Iorns, Ph.D., CEO and Co-Founder of Science Exchange.
The winners of the awards will be announced on May 14, 2020 at the World Procurement Awards Ceremony in London, England. To see a list of all the finalists, visit the World Procurement Awards website.
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