Ancillare Closes Debt Financing with Fulton Bank, Looks Toward Diversification and Growth

Ancillare Closes Debt Financing with Fulton Bank, Looks Toward Diversification and Growth

Ancillare, a diversity supplier for the clinical trial ancillary supply chain, secures capital amidst the COVID-19 pandemic.

HORSHAM, Pa. — May 13, 2020. Global Clinical and Ancillary Supply Chain leader Ancillare, LP, the first organization exclusively serving the end-to-end ancillary supply chain management needs of large- and middle-market pharmaceutical, biotechnology, and medical device companies, as well as contract and medical research organizations, today announced it has closed a multi-million dollar debt financing deal with Fulton Bank.

“To secure funds in debt financing in the midst of the COVID-19 pandemic is a significant accomplishment,” said Dr. Joanne Santomauro, Chief Executive Officer. “It presents an exciting opportunity to further shape the future of the Clinical Trial Ancillary Supply Chain at a time when innovation couldn’t be more critical.”

Ancillare, a WBENC certified woman-owned business, has serviced the global Clinical Trial Ancillary Supply Chain (CTASC) for nearly 15 years. The new funds will enable progress towards the organization’s growth initiatives as well as the company’s long-term diversification strategies. The financing presents an opportunity for Ancillare to strengthen its technology platform with robust data and predictive analytics programs, expand its global footprint with new vertical offerings, and enhance customer experiences across all services. Additionally, the company plans to initiate an acquisition strategy to further expand globally.

“Fulton Bank is committed to expanding our specialization in the Life Sciences and Technology industry. Our relationship with Ancillare is an opportunity for us to support a thriving local life sciences organization that is performing a critical function during this worldwide health care crisis,” said Lou Lombardi, Southeastern Pennsylvania commercial market executive and senior vice president for Fulton Bank. “Providing these funds enables innovation, which gives hope for a healthier future.”

“I have full confidence in Fulton – the bank is an excellent partner, and one who understands our business,” Santomauro added. “Fulton Bank embraces our company’s mission and vision which in turn will result in Ancillare’s ability to deliver quicker, better, and more efficient programs to our sponsors.”

As a diversity supplier and strategic partner to many of the top global pharmaceutical and biotechnology companies, Ancillare’s current initiatives are largely focused on developing technology-based solutions for its clients. Recently, the company announced the launch of its Digital Communications Platform, which gives sponsors and their partners predictive insights into the CTASC for their portfolio of studies. The funds secured in partnership with Fulton Bank will allow Ancillare to expand its technology offerings and execute forward-thinking, industry-shaping initiatives.

About Ancillare, LP
Ancillare is the first organization of its kind with an exclusive focus on the global clinical and ancillary supply chain. Ancillare arms sponsors of global clinical trials with a customized, end-to-end Ancillare Supply Plan, enabling developers of new therapies to optimize their clinical study supply chains using streamlined processes, extensive global buying power, a vast depot network and proven teams of clinical, procurement, operations, logistics and regulatory experts. Ancillare’s Turn-Key Operations (A-TKO™) model embraces the complexities and globalization of the clinical and ancillary supply chain by reducing both the overall cost and cycle time of clinical trials, and greatly improving operational efficiency across all levels of the value chain.

Ancillare has supported more than 1,500 clinical trials across 80,000 clinical sites over 100 countries with corporate offices in the United States and United Kingdom, and distribution hubs in Argentina, Brazil, Canada, China, Israel, Japan, South Korea, Mexico, Netherlands, Philippines, Russia, Taiwan, and Ukraine. To learn more, visit Ancillare.com.

About Fulton Bank, NA
Fulton Bank, N.A. is a subsidiary of Fulton Financial Corporation, a $22 billion Lancaster, Pa.-based financial holding company, has approximately 3,600 employees and operates approximately 230 branches in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through Fulton Bank, N.A. Additional information on Fulton Bank can be found at www.fultonbank.com.

Ancillare Launches Digital Communications Platform

Ancillare Launches Digital Communications Platform

HORSHAM, Pa.— Global Clinical and Ancillary Supply Chain leader Ancillare, LP, the first organization exclusively serving the end-to-end ancillary supply chain management needs of large- and middle-market pharmaceutical, biotechnology, and medical device companies, as well as contract and medical research organizations, today announced the launch of its new Ancillare Digital Communications Platform (ADCP).

ADCP is an interactive communications Portal that marries Ancillare’s 16 years of rich clinical trial ancillary supply data with AI, analytics, and collaboration technology. The Platform will provide sponsors with real time predictive insights into the Clinical Trial Ancillary Supply Chain (CTASC).

This Platform, built by Ancillare’s technology team, will offer sponsors a central access point to track the flow of ancillary supplies in their clinical trials. Its key capabilities will include inventory information and alerts, shipment tracking, real-time document collaboration, trend analysis and forecasting, EDI and sponsor single sign-on functionality.

The announcement follows the appointment of Ancillare’s new Vice President of Global Information Technology and Infrastructure, Deighton Liverpool. Under his guidance, Ancillare’s leadership team is executing on plans to further streamline the ancillary supply chain through innovative technologies.

“The launch of ADCP marks a critical moment in Ancillare’s history,” said Dr. Joanne Santomauro, Chief Executive Officer. “Our goal to become a technology-driven supply chain organization relies on the ability to integrate our industry-defining process with forward-thinking technologies.”

In the coming weeks, Ancillare will make the first version of ADCP available to its clients. The organization plans to expand upon the core functionalities later in 2020. For future updates regarding ADCP, please visit ancillare.com

Ancillare Appoints Vice President of Global Information Technology and Infrastructure

Ancillare Appoints Vice President of Global Information Technology and Infrastructure

HORSHAM, Pa.— Global Clinical and Ancillary Supply Chain leader Ancillare, LP, the first organization exclusively serving the end-to-end ancillary supply chain management needs of large- and middle-market pharmaceutical, biotechnology, and medical device companies, as well as contract and medical research organizations, today announced it has appointed Deighton Liverpool to Vice President of Global Information Technology and Infrastructure.

Reporting to Dominick Vietri, President, Liverpool will be responsible for delivering mission-critical results by developing and implementing strategies related to Infrastructure, Application Development, Data Analytics, Business Intelligence, and Data Visualization for Ancillare’s industry-leading suite of Ancillary Supply Chain Management solutions.

“Deighton’s experience and knowledge will be a great asset to the organization,” said Vietri. “He has developed a rich career as an IT leader who creates strategic alliances with organizations and is recognized for his ability to build high performance teams.”

Prior to joining Ancillare, Liverpool held several high-ranking positions spanning all aspects of IT strategy and implementation, as well as staff management and development. Most recently, Liverpool was Global Head of IT for Invidi Technologies, an AT&T company. However, several of his roles gained him experience in healthcare and adjacent fields, including Chief Technology Officer at the American Association for Cancer Research, Chief Information Officer at AVCP, and Systems Engineer/Technical Project Leader at Trigon Blue Cross Blue Shield. His career has comprised a number of other business verticals, including finance, insurance, government, retail and manufacturing. As a hobby, he moonlighted as an On-Air Radio personality, hosting two music shows on WPLZ (Richmond, VA) and KYUK (Bethel, AK).

Liverpool holds a Bachelor of Business Administration in Management Information Systems from Pace University. He has also earned two graduate certificates: one in Information Technology Management from Georgia Institute of Technology, and another in Organizational Change Management from the University of Virginia. He has been a featured speaker at notable technology conferences such as the Gartner Symposium and WICT Philadelphia.

“Through his vision, leadership, and executive insight, Deighton will be instrumental in propelling Ancillare to become a technology-driven supply chain organization,” said Dr. Joanne Santomauro, Chief Executive Officer. “We are glad to welcome him aboard.”

Ancillare Appoints Vice President of Clinical and Business Operations

Ancillare Appoints Vice President of Clinical and Business Operations

Horsham, Pa.— Global Clinical and Ancillary Supply Chain leader Ancillare, LP, the first organization exclusively serving the end-to-end clinical and ancillary supply chain management needs of large- and middle-market pharmaceutical, biotechnology, and medical device companies, as well as contract and medical research organizations, announced it has appointed Danielle Frederick to Vice President of Clinical and Business Operations.

Reporting to Dominick Vietri, President, Frederick will provide global leadership and strategic direction to enhance the organization’s clinical operations, global distribution and supply chain management initiatives. Frederick is tasked with developing, implementing and executing policies, procedures, programs and services designed to minimize risk and enable compliant business operations.

Since joining the organization in May 2018, Frederick has played an integral role in enhancing quality focus throughout the Ancillare organization.

Frederick brings extensive experience as a diverse quality professional with a strong focus on global quality management. Prior to Ancillare, Danielle served in various quality management positions at West Pharmaceutical Services and Fisher Clinical Services, specializing in quality audits, supplier quality, document control and training. Frederick holds a Bachelor of Science in Business Administration from the California Coast University and maintains multiple certifications, including the Executive Leadership Certificate from Cornell University, ASQ Certified Quality Auditor and Certified Manager of Quality and Organizational Excellence.

“Danielle has been vital in strengthening our ability to deliver the best-in-class ancillary supply chain management services for our clients,” said Dr. Joanne Santomauro, Chief Executive Officer. “We’re delighted to welcome Danielle to the executive leadership team.”

Dominick Vietri Joins Ancillare as New President; Commits to Building High-Performance Organization

Dominick Vietri Joins Ancillare as New President; Commits to Building High-Performance Organization

Horsham, Pa.— Global Clinical and Ancillary Supply Chain leader Ancillare, LP, the first organization exclusively serving the end-to-end clinical and ancillary supply chain management needs of large- and middle-market pharmaceutical, biotechnology, and medical device companies, as well as contract and medical research organizations, announced the appointment of Dominick Vietri as its new President.

Vietri will oversee the day-to-day operations of the global organization. Vietri will provide global leadership and strategic direction to enhance the organization’s objectives to becoming a High-Performance Organization, which will deliver excellence, drive growth, and high-performance culture to our clients.

Vietri brings over 25 years of executive management and leadership experience in operations, sales, and marketing, across small to midsize wireless telecommunication, technology, and Fortune 500 companies.

Prior to Ancillare, Vietri held numerous executive and senior leadership positions, including Executive Vice President at Medifast a subsidiary of Jason Pharmaceuticals, Vice President of Sales at OfficeMax, Regional Vice President and General Manager at Canon Business Solutions, Chief Operations Officer at Intergis, Chief Executive Officer and President at Accelacom, Area Vice President and General Manager at XO Communications Group Vice President and General Manager at AT&T Wireless Services, and earlier in his career, Vietri held various positions at XEROX Corporation.

“Vietri’s extensive executive leadership experience will strengthen our ability to deliver the best-in-class clinical and ancillary supply chain management services for our clients,” said Dr. Joanne Santomauro, Chief Executive Officer. “Vietri will be an integral part in moving our organization’s mission and vision forward.”

Vietri succeeds Jonathan Santomauro, who has moved to Chief Strategy Officer for the organization.

Ancillare Sponsors YMWIC Summer Education Opportunity for Disadvantaged Youth

Ancillare Sponsors YMWIC Summer Education Opportunity for Disadvantaged Youth

HORSHAM, Pa.— Global Clinical and Ancillary Supply Chain leader Ancillare, LP, the first organization exclusively serving the end-to-end clinical and ancillary supply chain management needs of large- and middle-market pharmaceutical, biotechnology, and medical device companies, as well as contract and medical research organizations, today announced it will sponsor a summer education program offered by the Young Men and Women in Charge (YMWIC) Foundation Inc.

The sponsorship will cover tuition expenses for two students from disadvantaged families to attend a Science, Technology, Engineering and Math (STEM) summer program. Since 2007, YMWIC has served underprivileged youth in Philadelphia and surrounding communities through education and leadership programs geared toward preparation for careers in STEM fields.

“Ancillare is proud to support an organization doing such important work for youth in our community,” said Dr. Joanne Santomauro, Ancillare CEO and YMWIC board member. “The students who attend these programs are preparing to become industry innovators, not unlike those who brought Ancillare into existence.”

“We wish the very best to the families who will benefit from our sponsorship, and look forward to continuing to give back to our community,” Santomauro added.