Crimson Tide PLC Pilot with World Federation of Haemophilia
January 26 2021 - 2:00AM
RNS Non-Regulatory
TIDMTIDE
Crimson Tide PLC
26 January 2021
Crimson Tide selected for pharmaceutical analysis pilot
by World Federation of Haemophilia
Crimson Tide ("Crimson Tide" or "the Company" (AIM:TIDE), the
provider of mpro5 has won a pilot project with the World Federation
of Haemophilia (WFH) for the initial stage of a significant global
healthcare project for the verification, data capture, and analysis
of pharmaceutical products associated with the treatment of
haemophilia. The pilot is due to rollout in the first quarter of
2021.
The initial project will leverage the Company's mpro5 enterprise
mobile workflow platform to scan pharmaceuticals, verifying their
expiry and authenticity, and allowing the WFH to gain real-time
insights into product usage around the globe. The pilot also seeks
to promote harmonisation by demonstrating the ability to use a
single platform and combined workflow in multiple countries.
mpro5 provides barcode scanning, data analysis, and cloud-based
services via Microsoft Azure, renowned for its reliability,
scalability and security. This enables real-time information,
automated alerting, and integration capabilities with the existing
systems of the WFH, driving a more efficient, transparent, and
safer supply chain. mpro5 has been used in healthcare for many
years in the verification and patient management for the National
Coagulation Centre (NCC) in Ireland. It has also been used in
verification of counterfeit drugs for the World Health Organisation
in Africa and Asia.
The WFH is based in Montreal, Canada and its vision is that of
Treatment for All is that one day, all people with a bleeding
disorder will enjoy a more certain future filled with promise, no
matter where they live. The mission of the WFH is to improve and
sustain care for people with inherited bleeding disorders around
the world. In order to achieve this, the organisation actively
pursues long-term relationships with individuals and organizations
who share the values inherent in their comprehensive development
model.
Barrie Whipp, Executive Chairman of Crimson Tide, said: "We're
thrilled that our mpro5 solution can be a genuine force for good
and to help people directly in the healthcare arena. This pilot
project demonstrates the flexibility and global reach of mpro5. Our
team has refined and enhanced our existing healthcare version of
mpro5 and our experience with verification and analysis has given
us a clear advantage in being able to help the WFH in this critical
process. Whilst the Company has been extremely busy across all
vertical markets, we believe that there is an excellent opportunity
for mpro5 to deliver significant and tangible benefits across all
aspects of healthcare."
Giorgios Ampartzidis Head of Logistics for the WFH commented:
"We are equally excited to launch the WFH Humanitarian Aid Mobile
App with the cooperation of Crimson Tide and offer a top class
experience to our end users while enhancing visibility and
compliance of the donation program."
For further information:
Crimson Tide plc
Barrie Whipp / Luke Jeffrey +441892 542 444
finnCap (Nominated Adviser and Broker)
Corporate Finance: Julian Blunt / James Thompson +44 20 7220
0500
Corporate Broking: Andrew Burdis +44 20 7220 0500
Alma PR (Financial PR)
Josh Royston +44 7780 901979
For further information on Crimson Tide plc, see the website at:
www.crimsontide.co.uk/
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END
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