Dendrite (NASDAQ:DRTE)
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From May 2019 to May 2024
Dendrite International, Inc. (NASDAQ: DRTE) announced today three
contract signings in Japan to expand its leadership position for sales
force effectiveness solutions in the world’s
second largest pharmaceutical market.
One international and two Japanese domestic pharmaceutical companies are
adopting Dendrite’s j-forceNET™,
a Web-based sales force effectiveness solution for sales
representatives, field managers, and home office staff in Japan. Two of
the companies also will implement Dendrite’s
new j-forceWIRELESS™ system, a mobile-phone
solution fully integrated with j-forceNET to further increase the
mobility of its sales representatives.
Today’s announcement involves 860 sales
representatives, which boosts the total number in Japan using Dendrite
solutions to more than 25,000, a market share exceeding 40%.
j-forceNET integrates all necessary sales and support functions in a
single system. Designed specifically for the Asian pharmaceutical
market, the solution enables companies to manage all aspects of customer
relationships, which includes viewing sales data, entering customer
activity information, updating client profiles, accessing corporate
resources, and effectively communicating with the home office. The
addition of j-forceWIRELESS allows sales representatives to use mobile
phones to review and input urgent information, which ensures a quicker
response to their customers.
“Our success with the j-forceNET solution
continues throughout Asia, and the new j-forceWIRELESS platform allows
the mobile sales force to access critical customer data anytime and
anywhere,” said Jean-Paul Modde, President,
Dendrite Asia Pacific. “With the advances in
mobile and wireless technology across the Asian region, we are seeing an
increased level of interest from pharmaceutical companies to deploy
solutions on these highly cost- effective devices.”
About Dendrite
Founded in 1986, Dendrite International (NASDAQ: DRTE) enables sales,
marketing, clinical and compliance solutions for the global
pharmaceutical industry. The company has clients in more than 50
countries and includes the world's top 20 pharmaceutical companies. For
more information, please visit www.dendrite.com.
Note: Dendrite is a registered trademark of Dendrite International, Inc.
This document may contain forward-looking statements that may be
identified by such forward-looking terminology as "expect," "believe,"
"anticipate," "will," "intend," "plan," "target," "outlook," "guidance,"
and similar statements or variations. Such forward-looking statements
are based on our current expectations, estimates, assumptions and
projections and involve significant risks and uncertainties, including
risks which may result from our dependence on the pharmaceutical
industry; fluctuations in quarterly revenues due to lengthy sales and
implementation cycles for certain of our solutions; our fixed expenses
in relation to fluctuating revenues and variations in customers' budget
cycles; dependence on certain major customers; changes in demand for our
products and services attributable to any weakness experienced in the
economy or mergers, acquisitions and consolidations in the
pharmaceutical industry; successful and timely development and
introduction of new products and versions; rapid technological changes;
increased competition; international operations; integrating the
entities we acquire; our ability to effectively manage our growth; the
protection of our proprietary technology; our ability to compete in the
Internet-related products and services market; the continued demand for
Internet-related products and services; the ability of our third party
vendors to respond to technological change; our ability to maintain our
relationships with third-party vendors; less favorable than anticipated
results from strategic relationships; dependence of data solutions on
strategic relationships; events which may affect the U.S. and world
economies; and catastrophic events which could negatively affect our
information technology infrastructure. Other important factors that
should be reviewed and carefully considered are included in the
company's 10-K, 10-Qs, and other reports filed with the SEC. Actual
results may differ materially. The company assumes no obligation for
updating any such forward-looking statements to reflect actual results,
changes in assumptions or other changes affecting such forward-looking
statements.