Alucio Accelerates Business Growth In 2021

By Georgio Salas.
Updated Jan 20, 2022

SAN FRANCISCO (PRWEB) January 20, 2022 - Alucio, a fast-growing provider of cloud-based software for the life sciences industry, delivered strong business results in FY 2021, demonstrating rapid growth over the previous year. This positive performance was reflected in all important financial and operational measures for the company.

Over this period, Alucio more than tripled the size of its customer base consisting of industry-leading life science organizations. The company now maintains a robust and diverse group of customers that range from small, pre-commercial biotechs to top-ten, global pharmaceutical manufacturers with extensive product portfolios.

Beyond the biopharma space, Alucio added major medical device customers in 2021 and also expanded beyond the companys core focus in medical affairs into the market access area. The user count for the companys flagship Beacon platform nearly quadrupled in 2021 as customers responded positively to the products content management features, HCP engagement capabilities and overall ease of use. Financially, all of these factors helped drive a substantial increase in annual recurring revenue (ARR) for the company of over 340% from the prior year.

We are very pleased with the companys rapid growth and strong business results in 2021. We finished the year with a lot of momentum and we look forward to carrying that energy into 2022, explained Dave Gulezian, Co-Founder & CEO of Alucio. All of our accomplishments as a company are truly driven by the talent, innovation and hard work of our dedicated team.

About Alucio: Alucio is dedicated to the development of innovative software applications specifically for the life sciences industry. Alucios flagship product, Beacon, is a cloud-based scientific exchange platform that enhances scientific dialogue and engagement between life science companies and healthcare professionals. For more information, please visit the companys website at http://www.alucio.io or contact Lisa Amin at lamin@alucio.io (925) 788-3533.