As a result, the provider increases its involvement in the country’s pharma sector.
LSPedia, a provider of software-as-a-service (SaaS) traceability solutions for the pharmaceutical industry, is opening a new office in Hyderabad, India, in January 2025.1 The latest decision aligns with the provider’s objective of bolstering its involvement in India’s pharma sector; it also assists other international markets and boosts customer service capabilities.
The new office in Hyderabad office is expected to be instrumental in the company’s global growth strategy, as service will now expand to Bahrain, Bangladesh, Singapore, Switzerland, UK, and a portion of the EU.
Having an office at this location also allows LSPedia to offer localized services to Indian marketing authorization holders (MAHs), along with contract manufacturing organizations (CMOs), allowing for modernized operations, while also helping along the compliance front.
"Our new office in Hyderabad reflects our dedication to delivering exceptional service and innovative solutions to pharmaceutical companies everywhere," said Riya Cao, CEO of LSPedia. "India is a vital part of the global supply chain, and we're thrilled to partner with manufacturers and distributors in the region to achieve compliance, traceability, and operational excellence. This expansion also allows us to better serve our global customers and ensure that every call is answered, no matter where they are."
Earlier this year, LSPedia had formed a strategic partnership with Pharma Logistics, a company that specializes in pharmaceutical reverse distribution.2,3 The newly established relationship aims to provide data visibility, compliance, and supply chain efficiency.
"We are delighted to offer LSpedia's OneScan solution to our pharmacy customers. Our customers have consistently highlighted the challenge of managing complex DSCSA [Drug Supply Chain Security Act] compliance requirements and ensuring accurate product traceability,” noted David A. Hargraves, CEO of Pharma Logistics. “By integrating OneScan, we are addressing these critical pain points and making advanced compliance technology more accessible. This partnership enables us to provide a more seamless, efficient, and reliable solution, empowering our customers to stay ahead in the ever-evolving regulatory landscape."
References
1. LSPedia and Pharma Logistics Announce Strategic Partnership to Revolutionize Pharmaceutical Reverse Logistics and Supply Chain Visibility. PR Newswire. December 19, 2024. Accessed December 20, 2024. https://www.prnewswire.com/news-releases/lspedia-expands-global-presence-with-new-office-in-hyderabad-india-302336184.html
2. Saraceno N. L LSPedia, Pharma Logistics Strike Up Supply Chain Visibility Collaboration. Pharmaceutical Commerce. August 13, 2024. Accessed December 20, 2024. https://www.pharmaceuticalcommerce.com/view/lspedia-pharma-logistics-supply-chain-collaboration
3. LSPedia and Pharma Logistics Announce Strategic Partnership to Revolutionize Pharmaceutical Reverse Logistics and Supply Chain Visibility. PR Newswire. August 13, 2024. Accessed December 20, 2024. https://www.prnewswire.com/news-releases/lspedia-and-pharma-logistics-announce-strategic-partnership-to-revolutionize-pharmaceutical-reverse-logistics-and-supply-chain-visibility-302220782.html