NEW YORK, Feb. 17, 2011 /PRNewswire-USNewswire/ -- AMDeC, LLC announced today the expansion of its Vendor Partnership Program to include services offered by BioStorage Technologies, Inc., a global leader in scientific asset management, biomaterial storage, and cold chain logistics. This partnership will create substantial savings for AMDeC Members through preferred pricing on biomaterial storage and relocation services offered by BioStorage Technologies. AMDeC is a consortium of 22 pre-eminent academic medical research institutions in the New York region.
"Biomaterial storage is a costly, yet essential, part of medical research and medical care, with institutions devoting large amounts of real estate, energy resources, and staff to maintain samples," said Maria K. Mitchell, Ph.D., President of AMDeC. "By offering our Members discounted access to services provided by BioStorage, AMDeC is helping to significantly reduce monthly expenditures and investments in capital equipment and facilities that can rapidly escalate operating costs."
BioStorage Technologies will be listed on AMDeC F.I.R.S.T.™, a real-time registry of biomedical research technology and resources accessible to AMDeC Members online. Members will benefit from tiered pricing based on cumulative volume stored by all AMDeC Members, which could amount to savings of 30-55%, by consolidating storage and leveraging the purchasing power of the consortium to benefit hospitals and academic research institutions alike.
The Vendor Partnership Program is one of several efforts spearheaded by AMDeC to increase efficiencies and encourage collaboration in academic medical research, especially crucial in this resource-constrained environment. This is also an important issue for many national organizations, including the NIH's National Center for Research Resources.(1, 2)
"BioStorage Technologies recognizes the critical importance of ensuring secure, reliable, traceable access to biological specimens stored to support research advancements," said Lori Ball, Chief Operating Officer, BioStorage Technologies. "The same expertise and care we use in managing millions of samples for pharmaceutical and biotechnology companies will be applied to create sample management solutions for AMDeC Members in the academic research setting." As part of its services, BioStorage will conduct onsite audits of AMDeC Member Institutions to assess their needs and create a customized sample management strategy through outsourced or on-site solutions.
With an emphasis on compliance and quality, BioStorage Technologies manages the complete life cycle of scientific sample assets by providing planning, collection, transportation, protection, retrieval, and disposal services. An important feature of BioStorage Technologies' services is its web-based tracking and sample management system -- ISISS® (Intelligent Specimen Inventory Storage System). This system allows users to monitor sample status and activity, view audit trails and documentation, schedule shipments, and retrieve data on stored samples.
About the Vendor Partnership Program and AMDeC F.I.R.S.T.™
The Vendor Partnership Program enables AMDeC member institutions to access advanced technologies and discounted pricing on a range of products and services. These valuable partnerships, negotiated by AMDeC on behalf of the entire consortium, leverage AMDeC's collective purchasing power and lead to greater cost efficiencies and economies of scale for all Members. The program also provides early access to the newest biomedical technologies, as well as increased grant competitiveness for Member institutions. Other current Vendor Partners include such companies as Agilent Technologies, NuGEN, and RainDance Technologies.
Information related to the Vendor Partnership Program can be found on AMDeC F.I.R.S.T.™, a user-friendly, secure online platform offering a single point of entry to real-time information on core facility services and instruments that are available for use across the entire consortium. This includes information on available laboratories, instruments, resources, services and technologies, which can be accessed on a fee-for-service basis. The Registry currently features information on hundreds of instruments and services and already has several hundred user accounts. Access to AMDeC F.I.R.S.T. and information about the Vendor Partnerships are available to all AMDeC members. Log on to www.amdec.org for more information.
About AMDeC, LLC
Established in 1997, the Academy for Medical Development & Collaboration, AMDeC, is a consortium of 22 pre-eminent academic biomedical research institutions. In its 13-year history, AMDeC has led the way toward team science, resource-sharing efforts, member services focused on cost savings and technology access, and private sector participation with academia. AMDeC creates programs and services, such as AMDeC F.I.R.S.T.™, the Vendor Partnership Program, and the Technology Access Program, to facilitate collaboration and efficient use of resources.
About BioStorage Technologies, Inc.
BioStorage Technologies, Inc. is the benchmark and global leader in centralized sample management and onsite solutions for the bioscience industry. Its expertise is in the management of the complete lifecycle of a research sample from the planning, collection, transportation and protection to sample retrieval and storage. The company offers highly qualified sample asset experts, best-in-class storage practices, real-time, web-based intelligence and tracking of research samples, as well as expertise in cold chain logistics and next-day retrieval and shipment of biomaterials. BioStorage Technologies, Inc. is privately held and headquartered in Indianapolis with an additional full-service site near Frankfurt, Germany. For more information, visit www.biostorage.com or call +1 (866) 697-2675 or +49-6155-898-1011.
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