A person receives the Moderna COVID-19 vaccine at the East Boston Neighborhood Health Center.
Joseph Prezioso / AFP via Getty ImagesThe biotech company Moderna works with Dell's Boomi to help it work more effectively, including as it rolls out its coronavirus vaccine.
Moderna uses Boomi to connect data in its drug design software with data from SAP and Workday to help it analyze information and estimate costs.
Boomi has also helped Moderna speed up tasks like onboarding, allowing Moderna to focus on its medical research and vaccine distribution.
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In recent months, Moderna has been ramping up operations as it rolls out and distributes its much-awaited coronavirus vaccine.
Behind the scenes, Dell-owned data integration firm Boomi is helping the biotech firm become more efficient. Boomi, which specializes in connecting data from across a company so it can flow smoothly from system to system, is helping Moderna spend less time on technical aspects of data management and more time on its medical operations and vaccinations.
To conduct its business, Moderna uses the HR and finance tools SAP and Workday, as well as specific drug design software. Boomi's tools connect all those systems, which has helped Moderna scale up its onboarding, research, manufacturing, and distribution processes, as it races to meet the vaccine demand.
"We're working on timeframes that require us to make sure the data we're accessing is accurate and instantly available," Marcello Damiani, chief digital and operational excellence officer at Moderna, told Insider.
Since Dell acquired Boomi in 2010, the subsidiary has grown to about 1,000 employees and CEO Chris McNabb told Insider that the firm's tools allow Moderna to effectively focus on the objectives that matter most.
"We help them free up time to do what's most important," McNabb said. "Boomi is involved in distributing vaccines. We're partnering with them to digitally transform their business. We free their staff up to do what's important."
Moderna uses Boomi to help analyze data from clinical trials
Moderna first became a Boomi customer around 2015 to speed up manual data entry.
"They wanted to eliminate human error and the time constraints of doing something twice," McNabb said.
Moderna now has about 200 Boomi integrations within its HR and finance systems. For example, it uses Boomi to estimate project costs and manage data about its mRNA molecule orders for vaccines and research. Moderna uses mRNA - essentially, "messenger" RNA, which instruct cells to do something specific, like fight a disease - in its research, clinical trials, manufacturing, and more.
Boomi links together data from all of those processes and loads it into an Amazon Redshift data warehouse. Moderna can then use Boomi to extract and analyze that data for its various clinical systems.
"As you look at what they're trying to do, they're becoming much more of a global company very rapidly," McNabb said. "There are facilities all around the world selling their product. That means there's a lot more systems being introduced in their environment. We're helping them to connect all of their pieces of their IT landscape from all over the world."
Boxes containing the Moderna COVID-19 vaccine are moved to the loading dock for shipping at the McKesson distribution center.
AP Photo/Paul Sancya, Pool
Boomi helps Moderna spend more time on medical tasks
Besides its clinical tasks, Boomi also helped Moderna speed up its onboarding and offboarding processes for employees by automating its HR functions. Moderna's Damiani estimated that the firm has saved several hours per onboarded employee, allowing it to free up time as it ramps up hiring.
By automating these processes, it reduces the manual effort that employees would otherwise have to undertake.
"Their objective is to get medicine to as many patients around the world as possible," McNabb said. "In order to do that, they need to make sure they can do more with less."
Moderna also uses Boomi to streamline its compliance checks, which allows it to submit drugs to the FDA for approval much faster.
Read more: I volunteered to test the Moderna coronavirus vaccine. Here's what the side effects were like, and why I want my experience to give people hope.
Going forward, Moderna plans to continue working with Boomi for additional clinical analytics.
"Data integration is especially critical as we expect to continue to make significant investments in digital - from automation to analytics to data science to AI - over the next 5 years," Damiani said, "And we expect Boomi will continue to play a key role in keeping our systems, apps, people and data connected."
(RTTNews) - ProPhase Labs Inc. (PRPH), a diversified medical science and technology company, said that it has priced an underwritten public offering of 3.00 million shares of common stock at $12.50 per share, for gross proceeds of $37.50 million.
In addition, the company has granted the underwriters a 30-day option to purchase up to an additional 450,000 shares to cover over-allotments, if any. All of the shares are being offered by ProPhase.
The company expects to close the offering on January 21 and plans to use the net proceeds from the offering for working capital and other general corporate purposes.
BRENTWOOD, Tenn., Jan. 23, 2021 /PRNewswire/ -- The CEO of InterMed Resources TN, Roger Biles, adjusted his company's business structure in order to meet the exponential demands of personal protective equipment (PPE).
Biles's company primarily distribute and sell Medical lasers, Urology supplies, spinal implants, hernia mesh, and lead wires & cable to more than 2500 hospitals and surgery centers nationwide through his team of Sales and customer service.
Biles has vast experience working with Group Purchasing Organizations (GPO's), sourcing medical and non-medical products as well as exporting in the global market. Biles has negotiated several contracts with all of the major GPO's in the United States and has been published in several magazines.
InterMed was posed with the challenge of supplying PPE during the culmination of coronavirus in the United States. Biles reports that InterMed continually received orders and requests non-stop from March of 2020 until July of 2020 for face masks and disinfectant products from customers in the United States and throughout the world.
"We just sent out a million and a half masks to Malaysia just yesterday," InterMed CEO Roger Biles told News 2 back in March of 2020. There were requests for more equipment and personal equipment, which the CEO allowed his company to meet.
Biles adds that the company was domestically supplied with essential equipment and made a supply of more than two and a half million mask units to Singapore. Biles and his team worked, round the clock, to steer InterMed's supply chain to meet the endless demand.
The COVID-19 pandemic brought a significant challenge and logistic disaster halting the supply lines to many companies. Biles understood his Brentwood based company might also be crippled due to the halt in operations and rapid number of infected cases. However, Biles had developed a strategy combined with his 20-year relationship with one of China's largest trading groups to avoid the pitfall other companies experienced which was the key to the success of InterMed's PPE project. "We've never been in that business until now." In InterMed's 15 years of existence, they primarily specialized in providing Med-surge equipment and supplies to hospitals; but disinfectants and masks continued to remain the most significant commodity in demand for most of 2020. "I hadn't sold a mask in almost four years, and since last Tuesday, we have sold more than 60 million masks," Biles said in March.
Biles' company also brought an Ozone technology water system, 80 times more potent than bleach without any toxins and 100% water based. The water used with a fogger can cover everything and disinfect any surface in less than one minute. Biles also explains the product has remarkably proven in the market and continues to draw investor's interest.
Media Contact:Bianca Leon Rodrigues+1 (469) 815-7866biancalrodr@gmail.com
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