Per the agreement, ServicePoint will serve as the single point of contact for Systech customers across Europe. Through this agreement, Servicepoint will now resell, install and support Systech’s ser to customers of any size across Europe, especially in Scandinavia, the Baltic States, and Russia.
Harry Saint-Preux, director, Global Alliances and Channels, Systech, North America, told us the next step requires ongoing planning with ServicePoint to integrate Systech into their long-term business plans to deliver serialization services in their local market.
“All manufacturers in the pharmaceutical industry exporting their consumables to the USA, EU and other part of the world are required to be compliant with the serialization mandates of the importing country,” Saint-Preux added.
“Our partnership with ServicePoint allows us both to jointly offer our solutions to that market,” he said, adding that the relationship represents an opportunity for growth to both firms.
The company estimated that over the next three years, nearly 15,000 production lines for prescription medication in Europe must be fitted with a serialization system, as serialization becomes mandatory in all EU countries in 2019 and in the US next year.
Additionally, Saint-Preux said the company has a specific interest in the Russian serialization market, which made a partnership with Finland-based ServicePoint attractive, as Finland has a long history of commerce with Russia.
“We are gratified by our interactions with ServicePoint thus far and have participated in a number of conferences jointly in Russia,” he added. “They are already supporting some of our engagements in Finland and other parts of Scandinavia, and the future outcome of our relationship looks very promising.”