SAN MATEO, CA--(Marketwire - July 02, 2009) - R&D Logic, preferred provider of web based business management software specific to the Life Sciences Industry, today announced five new additions to their Life Sciences Customer Community. Portola Pharmaceuticals, Ambrx Inc., Medivation Inc., Nevro Corporation, and KaloBios Pharmaceuticals have chosen R&D Logic's innovative R&D Select software and service model. These five companies have joined other leading edge biotech, pharmaceutical and medical device companies who leverage R&D Logic to drive business agility and performance.

R&D Logic introduces its newest offering, R&D Select. This unique offering enables life science companies to choose from a robust menu of software functionality and expert services. These customized 'bundles' allow a company to utilize only "what you need, when you need it."

"We chose R&D Logic's time collection and reporting tool because of R&D Logic's industry expertise, reputation for providing high quality software and services, and web based technology. R&D Time was implemented in less than three weeks and is now one of the key systems utilized to manage our internal resources and our collaborations with large pharmaceutical companies," says Andrew Smith, Assistant Controller of Portola Pharmaceuticals.

"R&D Logic has been focused on the business needs of the life sciences industry for many years. Our latest offering, R&D Select, is just the latest example of our innovative and creative ways to provide cost effective, value added Business Performance Management software and services to this industry. We are excited to welcome the newest members of our customer community: Portola Pharmaceuticals, Ambrx Inc., Medivation Inc., Nevro Corporation, and KaloBios Pharmaceuticals," says Wanda Ionescu, CEO of R&D Logic.

About R&D Logic

R&D Logic is the preferred provider of budgeting, forecasting, tracking, time collection and customized reporting tools specific to the Life Sciences Industry. Founded in 2000, R&D Logic Inc. is the global leader of business performance management solutions specific to the life sciences industry. Our customers achieve breakthrough operational performance by linking portfolio strategies to actions, planning dynamically and monitoring performance on demand. R&D Logic is a privately held company whose management team has extensive industry experience. Additional information can be found at www.rdlogic.com.