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Six of Top 10 Pharmaceutical Companies Rely on Ariba for Spend Management

Leading manufacturer of healthcare products to share insights and best practices for improving profits, reducing risk and driving competitive advantage in October 19 webcast

SUNNYVALE, Calif. – October 10, 2006 – Six of the top 10 pharmaceutical companies rely on Ariba®, Inc. (Nasdaq: ARBA), the leading spend management solutions provider, to drive their business objectives. On Thursday, October 19, Ariba will host an interactive webcast during which one of the world’s leading pharmaceutical companies will discuss how it is leveraging Ariba’s offerings to improve profits, reduce supply risk and gain competitive advantage. The live session will take place from 11:00 a.m. – 12:00 p.m. ET.

"With increased competition from generic drugs, shrinking R&D pipelines and a less favorable regulatory environment, pharmaceutical companies around the world are facing significant top-line revenue pressure," said Christopher Merchant, Director, Strategic Sourcing, Ariba. "In order to remain profitable, they must make spend management a priority."

Many pharmaceutical companies have already embraced spend management and are leveraging Ariba’s unique combination of technology, commodity expertise and services to drive their goals, including: Pfizer, Schering-Plough, Bristol Myers Squib, Amgen, Genzyme, Aventis and AstraZeneca.

Spend management is a fast, efficient way to lower total costs and raise the bottom line. Ariba’s webcasts are uniquely designed to provide companies with access to practical, actionable information they can use to create and execute strategies that deliver results.

For more information on the pharmaceutical webcast, or to register, please visit:
http://www.scdigest.com/webinars/Spend_Management_06_10_19.cfm

Source : Ariba, Inc.

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