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Pharmaceutical industry

MDL Information Systems Inc. and SmithKline Beecham Pharmaceuticals Announce Multimillion Dollar Contract

Strategic Insights

— 1 min read

San Leandro, CA-based MDL Information Systems Inc., the leading supplier of chemical information management systems, and SmithKline Beecham Pharmaceuticals have announced a multimillion dollar contract that grants SmithKline Beecham unrestricted, worldwide use of MDL's client-server product, ISIS. The agreement establishes ISIS as a major component of SmithKline's international chemical information management strategy and follows an earlier license covering more than 100 ISIS seats. The contract also includes training and consulting services for a two-year period.

Key Takeaways:

  • MDL Information Systems Inc. and SmithKline Beecham Pharmaceuticals have signed a multimillion dollar contract, effective October 19, 1994, for the use of MDL's client-server product, ISIS.
  • The agreement gives SmithKline Beecham unrestricted, worldwide use of ISIS, establishing it as a major component of their international chemical information management strategy.
  • The contract builds on an earlier license covering over 100 ISIS seats, demonstrating SmithKline Beecham's long-term commitment to MDL's software solutions.
  • Anthony S. Murabito, vice president for information management at SmithKline Beecham, stated that ISIS was chosen for its ability to integrate structures with various chemical, biological, and textual information applications.
  • SmithKline Beecham plans to implement ISIS quickly to establish an integration point between their chemical and biological proprietary databases, as well as to serve as a front end to reaction databases, SAR tables, and commercial and internal applications across multiple desktops.
  • MDL's president and CEO, Steven Goldby, expressed delight that SmithKline Beecham has chosen ISIS as the chemical information software backbone of their client-server environment.
  • SmithKline Beecham is one of the leading health care companies worldwide, with over 55,000 employees and $9 billion in sales, while MDL Information Systems Inc. is the leading commercial supplier of chemical information management software.

Statistics:

  • The contract is valued at multimillions of dollars.
  • The agreement covers the use of ISIS on a worldwide basis.
  • Over 100 ISIS seats have been licensed by SmithKline Beecham in an earlier agreement.
  • SmithKline Beecham has over 55,000 employees.
  • The company's annual sales exceed $9 billion.

Sources:

  • BUSINESS WIRE, "MDL Information Systems Inc. and SmithKline Beecham Pharmaceuticals Announce Multimillion Dollar Contract"
  • NASDAQ/NMS:MDLI
  • NOTE TO EDITORS: ISIS and MDL are trademarks of MDL Information Systems Inc. All other products are trademarks or registered trademarks of their respective holders.

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