Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a08abcec-2146-47b2-8834-3744c2cf2e9a
Date 12/1/2016
Company Name TraceLink
Mailing Address 200 Quannapowitt Parkway Wakefield, MA 01880 USA
Company Description TraceLink protects patients, enables health, grows profits and ensures compliance for companies across the global Life Sciences network through the TraceLink Life Sciences Cloud.
Proceeds Purposes This investment will enable TraceLink to improve its position in the global pharmaceutical track and trace industry, providing manufacturers, distributors and dispensers with a cost-effective solution to secure the drug supply chain and protect patients from counterfeit medicines, a problem that causes hundreds of thousands of deaths and leads to an estimated $75 billion in lost industry revenue each year.