[May 03, 2012]

Zydus Pharmaceuticals Selects Revitas™ Flex™ Platform to Support Growth Model

Revitas announced today that Zydus Pharmaceuticals USA, Inc., a globally integrated generic pharmaceutical company, has selected the strategic Revitas™ Flex™ technology platform to support the company's rapid growth for its US operations. As a generic-only pharmaceutical company, Zydus has chosen the Flex platform to manage contracts, optimize pricing, and ensure compliance through Revitas's Enterprise Revenue Dynamics (ERD) solutions.

"The new relationship between Revitas and Zydus Pharmaceuticals illustrates the value of Enterprise Revenue Dynamics for the generics industry," said Jerry Schorn, Vice President of Sales at Revitas. "Zydus has been growing at a rapid rate, and it needed a solution that is capable of scaling to mee its needs. The technology available through the Flex platform gives Zydus the scalability to manage the entire contract lifecycle. This is crucial for generics companies, whose high volume of transactions requires the support of robust software to ensure continued growth, profitability, and performance. By integrating Zydus's existing ERP software with Revitas software, Revitas is able to offer Zydus further insight and analysis into revenue management, especially in critical areas like chargebacks."

Zydus will capitalize on several Revitas applications on the Flex platform, including Revitas™ CARS, Revitas™ Contract Manager, and Revitas™ Contract BI. Zydus will also take advantage of Revitas's cloud hosting to quickly implement the Flex platform. Zydus will access the software in the cloud to avoid the expense and delay of building in-house infrastructure. The Flex platform will be implemented by Revitas Professional Services, a team of experienced professionals who will work closely with Zydus to deliver best-in-class, customized, and personalized services to maximize the full value of their Revitas implementation.

"We're excited about the implementation and the efficiencies and automation this will bring to our organization," said Kristy Ronco, AVP of National Accounts and Customer Marketing at Zydus. "It was important to us that we partner with a forward thinking organization as the industry continues to undergo changes, especially around government price reporting. As Zydus continues to grow, we feel that Revitas is the right choice and has the flexibility to seamlessly support that growth."

About Revitas

Revitas, the leader in Enterprise Revenue Dynamics, delivers integrated solutions for contracts, pricing, and compliance that drive higher profitability and lower risk. Revitas empowers companies to optimize contract performance by defining, managing, and analyzing complex, multi-tier pricing incentives and enables positive proof of compliance with commercial, financial, and industry requirements. Powered by the secure, scalable, and standards-based Flex™ platform, Revitas™ applications speed time to market and improve visibility across B2B relationships. Hundreds of organizations across the most highly regulated and challenging industries leverage Revitas integrated solutions to save money, make money, and reduce risk. For details, visit www.revitasinc.com or http://blog.revitasinc.com/.

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