PHOENIX – September 11, 2014
— The Life Sciences industry involves many participants from various organizations, requiring each to have visibility into controlled substances as they move through the supply chain process, while still maintaining security and compliance regulations. Axway
, (NYSE Euronext : AXW.PA), a market leader in governing the flow of data, today announced its Controlled Substance Ordering System
(CSOS) is now available as an Axway Cloud service, powered by Amazon Web Services (AWS). This new availability gives Axway CSOS users easy access and interaction with trading partners to manage regulated pharmaceuticals within the supply chain, while reducing operational expenses, increasing security and ensuring real-time compliance with U.S. Drug Enforcement Administration
The electronic pharmaceutical supply chain contains various organizations of all sizes including controlled substance suppliers, manufacturers, purchasers, pharmacies, practitioners, retailers, federal agencies, service providers, and distributors. Organizations within the pharmaceutical supply chain that are looking to replace costly paper-based Form 222 with the electronic Form e222 are shifting to central, cloud-based signing and audit tracking, and away from internally managed solutions, which are difficult to implement and support. By providing all of the functionality organizations need to manage an electronic B2B relationship — including certificate management, trading partner and community management, secure communications and tracking — Axway Cloud CSOS service is enabling companies to comply with DEA audit requests efficiently, while drastically decreasing implementation times and costs. Additionally, Axway solutions for governing the flow of data are deployed in a highly secure private cloud, eliminating the risks of accidental data leakage.
With Axway Cloud CSOS Service, now available as part of the broader Axway 5 Suite Cloud services portfolio, companies have greater visibility into controlled substance transactions to monitor and track the location of the product as it moves through the pharmaceutical supply chain. Axway enterprise class Cloud CSOS Service is engineered to meet Service Organizations Control 1 (SOC 1)/SSAE16/ISAE 3402, CFR21 Part 11 and Drummond-certified to meet FIPS140 requirements.
"Launched more than 15 years ago, the Axway CSOS solution has long been field-proven, and over that time it has evolved to meet the ever-changing demands of our customers and DEA regulations,” said Dean Hidalgo, executive vice president, marketing, Axway. “Early adopters have embraced Cloud CSOS Service because it delivers a hassle free solution that meets DEA regulations as well as integrates simply and seamlessly with buyers such as pharmacies, practitioners and distributors’ procurements systems. CSOS availability as an Axway Cloud Service demonstrates our ongoing commitment to the safe distribution of prescription drugs of all classifications."
Axway (NYSE Euronext: AXW.PA), a market leader in governing the flow of data, is a global software company with more than 11,000 public- and private-sector customers in 100 countries. For more than a decade, Axway has empowered leading organizations around the world with proven solutions that help manage business-critical interactions through the exchange of data flowing across the enterprise, among B2B communities, cloud and mobile devices. Our award-winning solutions span business-to-business integration, managed file transfer, operational intelligence, API and identity management, and email security– offered on premise and in the Cloud with professional and managed services. Axway is registered in France with headquarters in the United States and offices in 19 countries. www.axway.com
About Axway 5 Suite
Axway 5 Suite offers control and optimization of the flow of data through integration, visibility, policy, security and reliability to govern business-to-business interactions, communities, systems and data types — within and beyond the enterprise edge.