Neo PLM Highlighted in Axendia Market Report

March 22, 2023

Among leading companies examined for ability to support biopharma’s transition to end-to-end product lifecycle management (PLM)

NEW HAVEN, Conn., March 22, 2023 – Neo PLM, a leading provider of software solutions for managing pharmaceutical product and process design, knowledge and manufacturing, is profiled in Axendia’s market readiness assessment, “Accelerating Time to Market with Biopharma PLM.”

Neo PLM was among a handful of leading companies to receive a focus in the report, which evaluates the “availability and maturity” of marketplace solutions that aim to help biopharma companies digitize and connect processes related to drug development, manufacturing and distribution.

The others are Dassault Systemes, Emerson, Honeywell, Kalypso, QbDVision, SAP and Pangaea Solutions and Siemens.

“This inclusion by Axendia is a major recognition for our firm and our vision,” said Cathal Strain, president and founder of Neo PLM. “To us, it indicates that our novel approach to pharma PLM is gaining traction and making an impact – biopharma is looking to leap away from legacy processes, but in a manner that is feasible and that leverages existing systems and assets.”

Driving the need for more visibility on this front, according to the report, are biopharma’s challenges to more effectively manage and respond to post-approval activities, including product, supplier or process changes in addition to customer inquiries, adverse events and regulatory findings. What’s needed, according to Axendia, is a “harmonized, integrated and closed-loop approach to product lifecycle management.”

As noted in Axendia’s analysis, the Neo PLM vision is to advance a process PLM platform that integrates existing systems into an end-to-end digital design and recipe management system. Cathal notes that the key to bringing high-quality medicines to market faster is to streamline and accelerate core processes such as product and process design, tech transfer, recipe management and batch analysis. Neo PLM’s approach, he said, can help companies no matter where they sit on the digitization spectrum.

Axendia’s report can be accessed here.


About Neo PLM
Neo PLM provides pharmaceutical and biotech manufacturers with a patented digital platform for managing product knowledge and manufacturing processes from late-stage R&D through commercial scale-up and production. As the first software to integrate digital process design with production data analytics, the Neo suite streamlines and optimizes core business processes, empowering manufacturers to deliver high-quality medicines to market faster and ultimately unlock the promise of Pharma 4.0. Initially launched as a custom solution for one of the world’s largest pharmaceutical companies, Neo’s technology is now deployed in highly complex manufacturing settings worldwide.