PharmQuest and BioSpace announce partnership



Under the terms of the agreement, BioSpace will provide PharmQuest's online Parenteral Database and eWare Exchange through its Web site (biospace.com) and through its direct and indirect sales channels. In return, PharmQuest will promote BioSpace's career center via its Web site (pharmquest.com) where BioSpace users will have direct access to PharmQuest's Web-based tools.

"Our relationship with BioSpace further validates the use of Internet for collaborative R&D in the pharmaceutical and biotechnology industries," said Shankar Hemmady, President and CEO of PharmQuest. "Virtually every visitor to BioSpace will benefit from PharmQuest's eR&D products and services."

"By creating software for the development scientists, PharmQuest is bringing technology-facilitated efficiencies to the research process," said Scott Clarke, CEO of BioSpace. "This is key to our company's goal of accelerating the progress of life sciences endeavours by providing a single point of access to information, services and products that are crucial to the industry."