Case Study: Humanetics achieves $2M annual API savings with Tractus

Humanetics saves $2M annually with Tractus

Humanetics, a clinical stage pharmaceutical company, faced a challenge with its single-source dependency on a diogesinin API supplier in China. They needed to diversify their supply chain to reduce costs and secure a reliable source for this key pharmaceutical ingredient. Humanetics retained Tractus to conduct an Asia-wide search for an alternative supplier.

Tractus implemented a solution by systematically researching eight Asian countries to identify a new supplier. They secured a partnership with a company in India and facilitated tough negotiations and a cooperative agreement between the parties. This resulted in Humanetics reducing its total API costs by $2 million annually. Tractus also provided ongoing due diligence to ensure the supplier upgraded its facility and complied with the contract terms.

Humanetics