Roambee acquires Switzerland-based Modum for a foothold in the pharma cold chain monitoring market
Roambee, the supply chain visibility provider, has acquired Modum, a European pharma last mile-focused cold chain monitoring player based in Zurich, Switzerland.
“Joining forces with Roambee was natural for Modum due to our shared mission to ensure the timely availability of effective, original products in the medical supply chain,” said Simon Dössegger, Modum’s CEO. “Modum will enhance Roambee’s cold chain footprint with a proven last mile visibility technology to extend the Roambee product proposition to a unique global end-to-end visibility solution. When combined with Roambee’s strong multimodal shipment monitoring capabilities, we can offer granular visibility all the way from manufacturing to a patient’s home at scale.”
“Although most visibility service providers claim to deliver real time visibility, they rely on carrier data,” added Sanjay Sharma, CEO of Roambee. “Insights will never be as granular, real-time, and accurate as sensor driven insights, which is key to logistics automation. With Modum, Roambee will enable customers to automate their logistics through radically simple access to sensor-driven signals, delivered by our immersive, location-aware platform – not only for pharma, but also for fresh produce and food/beverages.”
“With Covid-19 vaccines shipped world-over at an unprecedented scale, makers, movers, governments, NGOs, hospitals, and doctors are placing a high emphasis on the availability, efficacy, and authenticity of vaccines and medicines to save human lives,” explained Sharma. “Chain of custody integrity and transparency will enable speed and Good Distribution Practice (GDP). With Modum, we will deliver a fully pharma-compliant, real-time visibility solution that includes hardware, cloud software, data and managed services.”