Draft:Advanco
| Industry | Enterprise software for Life science |
|---|---|
| Headquarters | Brussels, Belgium |
Area served | Worldwide |
Key people | Alf Goebel (CEO) Rami Cassis (Non-Executive Director) |
| Products | ARC Platform |
Number of employees | 50 |
| Website | www |
Advanco is an enterprise software company headquartered in Brussels, Belgium, specializing in product identification for regulated track and trace purposes. It utilizes serialization technologies to enhance security measures, particularly within the life science industry. Since 2008, the company has focused on serving the global pharmaceutical sector.
History
Established in 1981 by Olgun Yenersoy, Advanco started with barcode hardware for matrix printers.[1]
In 2008, Advanco shifted its focus to serving pharmaceutical customers, launching ARC MES/Cockpit to optimize packaging shop floor operations.[2]
In 2009, Pfizer became ARC's first customer for serialization and aggregation, connecting with Turkey Ministry of Health ITS/PTS.[3][4]
In 2019, Advanco was acquired by Parabellum Investments, founded by Rami Cassis.[5][3][4]
In 2023, Advanco acquired Vantage Consulting Group.[5][6][7] This allowed ARC to be fully complemented by full automation, design, implementation, and validation engineering services.[6]
The acquisition elevated Advanco's status in pharmaceutical serialization globally and expanded its presence in United States.[2][8]
Products
Advanco offers various products, including:
- ARC MES/Cockpit: Launched in 2008, it's a site management system for serialization and aggregation in shop floor operations, collecting data from packaging lines and sending reports to company or country repositories.
- ARC LES: Launched in 2015, it enables pharmaceutical manufacturers to manage warehouse and packaging operations, including inbound and outbound processes like goods receipt, serialization rework, and shipments.
- ARC Cold Chain: In 2021, ARC Cold Chain improved shipping for timely COVID vaccine delivery, using data to optimize processes and ensure compliance.
- ARC Cloud: Launched in 2022, it offers secure supply-chain data exchange, site management, and collaboration among partners.
Partnerships
Advanco serves global pharmaceutical clients such as Baxter, Catalent, Deva, Santa Farma, Teva Pharmaceuticals, Thermo Fisher Scientific, Tjoapack, and Viatris.
The company partners with Uhlmann, Proclane, SAP, and Systech.
References
- ^ "Olgun Yenersoy, CEO at Advanco S. A." data-lead.com. Retrieved 2024-04-12.
- ^ a b "Advanco becomes the world's largest independent pharmaceutical serialization solutions provider following the acquisition of Vantage Consulting Group | Pharma Business International". 2023-06-15. Retrieved 2024-04-12.
- ^ a b LCAP. "Parabellum Investments acquires Advanco". Drax Executive. Retrieved 2024-04-12.
- ^ a b "Private equity firm buys anti-counterfeit firm Advanco". www.securingindustry.com. 2020-04-16. Retrieved 2024-04-12.
- ^ a b "Parabellum expands advanco with Vantage Consulting deal".
- ^ a b "Advanco Acquires Vantage Consulting Group". PharmTech. 2023-06-15. Retrieved 2024-04-12.
- ^ Bharbour (2023-06-15). "Parabellum Investments-backed Advanco acquires manufacturing automation provider Vantage". Apex Partners. Retrieved 2024-04-12.
- ^ "Advanco and Syntegon Launch Strategic Serialization Partnership to Tackle Global Issue of Counterfeit Drugs". PharmTech. 2020-09-24. Retrieved 2024-04-12.