R&D Logic. R&D Logic is the leading provider of a cloud-based Portfolio & Corporate Performance Management solution for R&D-intensive companies.

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1 R&D Logic R&D Logic is the leading provider of a cloud-based Portfolio & Corporate Performance Management solution for R&D-intensive companies. Building and conveying the information in science speak and business speak is a great benefit in and of itself. But the real benefit is in the intelligent business modeling that drives analysis and planning. Science and business are engaged and aligned with strategic goals. R&D Logic enables this alignment through software, which we provide as a service the best and most cost-effective way to keep pace with regulations and best practices. But not all R&D-intensive businesses are alike, so our flexible software architecture and collaborative approach to services ensure that you get the business logic you really want your way. And because we really understand R&D-intensive businesses, our software s clear, in-depth, project-focused analytical capabilities simplify the complex business of performance management in these environments. The days are gone when science & business could afford to ignore each other. Much of science needs to find its way to the market to sustain its practice, and businesses need scientific innovation to sustain growth. R&D Logic s purpose is to make that possible by engaging science & business. We do this in two ways: by bringing science into the business world of accountable performance, and by using science to build and harness the performance information in some of the world s most complex, sophisticated R&D-intensive business environments like yours. R&D Logic integrates two different management frameworks into a single information platform accessible across the organization. Information is processed both as portfolio activities over time, which is how science manages R&D, and based on corporate structure, which is required for business analysis and planning. R&D Logic's unique platform enables finance and non-finance users to plan, track, analyze and, ultimately, manage performance across the R&D portfolio and the corporation as a whole. Our mission is to empower you to make the best business choices about your R&D portfolio and give you the confidence to deliver the best possible performance.

2 Planning to master the complexity of R&D Foster collaboration between department and project managers Increase visibility and accountability of matrix-based financial plans Leverage the strategic plan as the foundation for your operating plans Decrease planning cycle times Focus on analytics rather than mechanics Ensure consistency in assumptions and corporate methodologies Finally, it gives you access to best-practice expertise. And the more you master the complexity of R&D, the better you can manage its typical uncertainty. In an R&D environment, scientific and financial foresight drive value creation for your business. Designed for project-centric businesses Portfolio and corporate budgets/forecasts created simultaneously Automatically align project plans with financial plans Fully burdened project pro forma P&Ls Use multiple dimensions department, project, vendor, account Budget project direct costs with activity-level detail Allocate headcount and indirect costs to projects/activities Automate calculations for grants and collaborations Create bottom-up, top-down scenarios Rolling long-range and operational budgets/forecasts Flexible reporting for multiple portfolio and corporate views

3 Tracking & Analysis to focus on analytics rather than mechanics The R&D Logic solution is completely integrated with your ERP system. Actual spending and revenue is loaded into the centralized repository you utilized to prepare budgets. Now you can analyze and report expenses or revenue compared to budget. Improve visibility and accountability of portfolio & corporate performance Align key strategic initiatives with project resource utilization Monitor business performance versus expectations Quickly respond to management reporting requests Save valuable time with a fully integrated solution Finally, you gain access to best-practice expertise. And the easier it is to analyze & synthesize information, the easier it is to manage priorities in your R&D pipeline. The faster you can evaluate what your R&D has delivered, the more time you have to plan where it should go. Business analytics that drive insight Fully burdened project P&Ls Derive project costs direct, indirect, burdened Capture resource utilization by project with R&D Logic s time reporting tool Allocate headcount and indirect costs to activities/projects Automate calculations for grants and collaborations Compare actual to budget using multiple dimensions department, project/ activity, vendor, account Drill down to transactions automatically loaded from accounting systems Flexible reporting for multiple portfolio and corporate views Incorporate actual results into revised financial plans

4 Time Collection for real-time visibility of your project resources R&D Logic s time collection and reporting tool is designed to capture effort to activities via a user friendly and intuitive interface. Time and FTE information is fully integrated with costs for indirect cost allocation and fully burdened activity reporting. Align key strategic initiatives with project resource utilization Increase visibility and accountability of portfolio resources Improve quality and utility of collected project time Ensure consistency in project effort methodologies Simplify collaborator and grant reporting Automatically allocate indirect cost to activities Increase efficiency through integration with payroll and ERP system Take the pain away from time administration Finally, gain access to best-practice expertise. Because unless you have full and timely visibility of the utilization of your R&D resources at all times, uncertainty is your best prognostic. The more visible the utilization of your R&D resources are, the easier it is to align them with your strategy. Flexible time collection made easy Input project/activity time by hour or by percentage User-selected projects from central list are saved for reuse Enter time by day, week, half-month, month Full time-off functionality Review and approve online Receive automatic alerts Time validated at time of input according to your rules Configured to meet audit requirements Flexible project FTEs & headcount reporting Streamlined administration of time input completion, payroll integration, time-off accounting

5 The total experience is greater than the sum of parts Combined with expert support, we deliver Software as a Service (SaaS), which enables fast and continued access to world-class R&D business practices. You and your stakeholders can engage anytime, from anywhere, with a product and service that "speaks your language" and anticipates your needs. You will go live in weeks with implementation that incorporates your unique business rules, and get in-depth training and personalized support from a team of software and business experts. And you pay only for the functionality and services you need, scaling up as your business grows. Customer Experience Engaging science & business either makes your vision possible, or makes your possibilities visible. GreatPharma, Inc Budget revision in progress Functionality delivered with your business in mind Select from R&D Logic's software suite only those functions relevant to your business needs Configure your installation to incorporate your specific business rules Smart connectors with your ERP and other local systems Role-based access to functions and data User-friendly, intuitive navigation Receive dedicated customer support, training, and advice on best practices Leverage our state-of-the-art Data Center for performance, backup, archive and recovery Constant monitoring of your data security Receive software upgrades and new releases

6 Project Intelligence The easier it is to analyze & synthesize information, the easier it is to manage priorities in your R&D pipeline. Complete project views using built-in methodologies Allocation of indirect costs to projects at multiple levels Absorption of non-project activities into project FTEs Project burdening with multiple passes Calculation of collaborator and grant rates and costs Calculation of revenue by collaborator, grant or product line Complete corporate views Cost allocations to product lines Cross-department cost allocations Calculations driven by user-defined formulas and assumptions Multiple unit of measure conversions Multiple currency conversion bases Data views using multiple types of relational rollups Create any number of department, project, account, vendor rollups with unlimited levels Auditing mechanism to prevent duplication across relational rollups Dynamic reporting mechanism based on user-selected rollup combinations The forest, Science a leaf, or & anywhere business. Engaged. in between At the core of this platform is an engine that creates your project intelligence based on industry-accepted methodologies. This is where the value is added, enabling strategic and operational portfolio & corporate business planning, analysis & reporting. You get analytical capabilities within a single platform like zooming in and out on everything from a single leaf to the entire forest. See the forest changing at intervals in which you want to dissect or synthesize information. You set the rules and standards, the engine does the rest. Your curiosity is virtually the only limitation on how far and how deep you can look into the past, the present, or the future.

7 What our Customers say "R&D Logic solutions are geared for companies like mine. Much more polished, intuitive, efficient, easy to use. I have reduced administrative overhead costs. The software understands our needs." Affymax "Never experienced software so specialized. You really 'speak our language'." Envivo Pharmaceuticals "Every biotech should work with R&D Logic." Alnylam Pharmaceuticals "This is the fastest implementation I have ever done." Aveo Oncology "R&D Manage provides a straightforward approach for creating a consolidated budget, both by department and by project. As a government contractor and a biotech company, this ability to analyze costs by project has been instrumental in helping us to understand our business. In addition, the reporting capabilities of R&D Manage have cut numerous hours out of preparing monthly and quarterly reports, giving us the ability to analyze the results much earlier." Trius Therapeutics "I think the level of support and attention to detail that you and your team provide is exceptional. I am really impressed by the dedication and what you provide in functionality of the software." Prognosys Biosciences "We have been drooling over the software and dreaming about the headaches we won't be having anymore. Thanks!" Pfenex