Louvain-la-Neuve, Tokyo, 28 June 2023
N-SIDE and JEPX
N-SIDE, a Belgian scale-up providing software and services to solve complex issues through better decision-making, and Japan Electric Power Exchange (JEPX), the only power exchange that facilitates electricity trading in Japan, jointly announce their collaboration. N-SIDE will provide JEPX with algorithms to set the day-ahead electricity market prices and executed volumes in Japan.
Based on a mathematical optimization model, N-SIDE's Power Matching Algorithm will be integrated into JPEX's system, contributing to a more efficient and sustainable electricity market in Japan. Ultimately, it will also support Japan in reaching carbon neutrality.
N-SIDE in Life Sciences
N-SIDE empowers participants in the electricity exchange market as well as Pharmaceutical & biotech companies leveraging the same kind of cutting-edge technology.
Over the past 23 years, N-SIDE has been developing an end-to-end clinical supply planning solution, combining both end-to-end forecasting & planning and risk-based optimization. When most industry players still rely on Excel files to forecast their trials, N-SIDE optimization solutions can reduce drug waste and supply costs by ~40%, while ensuring no patient risk.
Those solutions allow clinical supply and manufacturing teams to implement concrete operational recommendations related to clinical supply planning from DS/DP down to IMP dispensing. The outcome is a reduction of wasted drugs, lower costs, and an increase in the overall team's efficiency.
More often than not, Pharma sponsors will call N-SIDE to support them with the packaging and sourcing planning, to solve situations of drug shortages, to optimize IRT settings, or to define the optimal supply chain strategy before FPI.
N-SIDE is a deeptech company that empowers Life sciences & Energy organizations to make better decisions and optimize the use of resources. N-SIDE is headquartered in Belgium with offices in the USA, and now soon in Japan, serving customers worldwide. For more information, visit www.n-side.com
Marine DU JARDIN
APAC regional manager & Partnership lead
Foreign Trade Division
Wallonia Export-Investment Agency