Marken Launches Brokerage Management Services

Marken announced the launch of their brokerage management services in conjunction with UPS Brokerage to create one seamless offering with optimal visibility and ease of use for clients.

The addition of this service will be a unique opportunity for clients to utilize an established brokerage system, coupled with Marken’s experience as the leading clinical trial supply chain solution provider.  Marken’s oversight and compliance expertise ensures that time-sensitive and critical clinical shipments will avoid Customs and participating government agency-related delays. Compliant and timely customs clearance are critical factors in maintaining product integrity during transit to investigator sites or directly to patients. In addition to the UPS Brokerage team, Marken also maintains relationships with brokers in each country who have local regulatory expertise which assures compliance with all current import/export regulations.  

This service ensures all Importer of Record obligations are met, and exposure to fines, penalties and forfeiture are greatly reduced.  The service also allows clients to benefit from new trade programs, duty drawbacks and tax exemptions in a coordinated manner.

Dan Bell, vice president, North America Operations & Global Regulatory Affairs, said, “This is the first and only global brokerage service which is specifically tailored to clinical trials. The expansion of global brokerage services in the suite of client offerings ensures that our experienced team are able to maintain complete control and visibility of clinical trial shipments across international borders.  Using proprietary UPS software, we are able to provide detailed reports to our clients which assure both compliance and economies of scale.”