Categories: Client News

ADEC Group and Zuellig Pharma form KPO Joint Venture

<p>Manila&comma; Philippines — ADEC Group&comma; a global market provider of customized outsourcing solutions&comma; announced an agreement with pharmaceutical distributor Zuellig Pharma to form a knowledge process outsourcing venture&period;<&sol;p>&NewLine;<p>According to executives of the two firms&comma; the venture will cater to the global pharmaceutical and health-care sectors&comma; providing them knowledge process outsourcing &lpar;KPO&rpar; and business process outsourcing &lpar;BPO&rpar; services&period; Operating under a 50-50 ownership agreement&comma; the venture will be incorporated in Singapore under the name &OpenCurlyDoubleQuote;PharmaKPO”&period;<&excl;--more--><&sol;p>&NewLine;<p>KPO typically refers to non-voice&comma; complex knowledge-driven services&comma; while BPO is more commonly associated with process-driven customer care and transactional services&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Pharma KPO will leverage ADEC Group’s and Zuellig Pharma’s commitment to their shareholders to proactively anticipate and capitalize on industry trends to enhance efficiency&comma; productivity&comma; and customer experience&comma;” said James Donovan&comma; CEO of ADEC Group&period; &OpenCurlyDoubleQuote;Our objective is to facilitate operational changes by streamlining costly and repetitive back office and support processes to enable clients to refocus on core strategic activities&comma;” he explained&period;<&sol;p>&NewLine;<p>Donovan said Pharma KPO expects to capitalize on competitive synergies created by the joint venture&period; &OpenCurlyDoubleQuote;There is a high level of domain expertise and efficiency that our companies are known for in their respective space&period; This venture enables us to take advantage of cost-driven business opportunities by providing innovative processes to support the highly competitive pharmaceutical industry&comma;” he said&period;<&sol;p>&NewLine;<p>Pharma KPO will focus initially on providing information technology&comma; business and knowledge process outsourcing&comma; back-office processes&comma; and general administrative and support functions to its pharmaceutical client firms&period;<&sol;p>&NewLine;<p><strong>Transaction Highlights&colon;<&sol;strong><&sol;p>&NewLine;<ul class&equals;"content&lowbar;list">&NewLine;<li>Large and scalable operating platform<&sol;li>&NewLine;<li>Both companies combine respective expertise and wide client base to strategically meet the demands of the dynamic and growing pharmaceutical outsourcing market<&sol;li>&NewLine;<li>Talented and experienced global management teams<&sol;li>&NewLine;<li>Established globally competitive partners<&sol;li>&NewLine;<li>Proven expertise in respective fields<&sol;li>&NewLine;<li>Increased exposure to global customers through extensive global footprint<&sol;li>&NewLine;<li>Expansion potential to foreign markets<&sol;li>&NewLine;<li>New vertical integration with revenue growth opportunity<&sol;li>&NewLine;<&sol;ul>&NewLine;<p><strong>About ADEC Group<&sol;strong><br &sol;>&NewLine;ADEC Group is a leading global market provider of customized business process outsourcing solutions to clients worldwide&period; ADEC Group specializes in Document Management Solutions&comma; Finance and Accounting Solutions&comma; Healthcare Solutions&comma; Logistics Administration&comma; Sustainability Process Management Solutions and Legal Solutions among others&period; The company has over 5&comma;000 personnel globally with offices and delivery centers across the USA&comma; UK&comma; Australia&comma; Philippines and China&period;<&sol;p>&NewLine;<p><strong>About Zuellig Pharma<&sol;strong><br &sol;>&NewLine;Zuellig Pharma has established itself as the leading healthcare-related distribution solution specialist in the region&comma; with over USD 7&period;5 billion in annual sales&comma; serving 14 countries and regions in Asia for over 60 years&period; Zuelllig Pharma provides principals with cutting-edge distribution solutions to address specific needs throughout the supply chain in Asia&period; Regionally headquartered in Hong Kong to oversee strategic planning and regional business development&comma; the company now has extended operations in the Philippines&comma; Thailand&comma; Singapore&comma; Malaysia&comma; Brunei&comma; Hong Kong&comma; Macau&comma; Taiwan&comma; Vietnam&comma; Cambodia&comma; Korea&comma; Indonesia&comma; India and Bangladesh&period;<&sol;p>&NewLine;

J Darell Sapin

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