Bio-G's High-Speed Network Engine awarded National Science Foundation SBIR grant

September 21, 2009 Bioproduction Group has been awarded a grant from the National Science Foundation (NSF) to further develop their state-of-the-art technology for simulating biotech supply chain networks. Bio-G's research in this area has already demonstrated millions of dollars in savings for biopharmaceutical companies, through inventory and risk reduction.

In the proposal review, NSF Reviewers applauded Bio-G's innovative toolset and highlighted its benefit to biotech manufacturers. In their response, they commented: "Large scale simulation modeling as presented in this proposal would be a tremendous strategic tool for a manufacturing firm. If this could be effectively implemented it would create competitive advantage for any firm that utilized it."

Bio-G's Network Simulator is a next-generation tool for modeling complex biotech processes that enables both very accurate simulation models, and a broad network view of facilities and inventory flows. It does this by utilizing Bio-G's advanced simulation toolset that runs hundreds or thousands of times faster than existing simulation toolsets.

NSF Reviewers also recognized the broader impact of such a network tool for the wider manufacturing industry: "Application of this innovative facility and linked network simulation technology could have an enormous impact on inventory costs for the global industry."

For more information, go to http://www.bio-g.com.

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