Bio-partnering
Gone are the days where firms make everything by themselves. This strategy is almost replaced by the out-sourcing model, where companies enter in partnerships with highly skilled CROs and CMOs for their R&D and Operational requirements. The critical stage in this process is “choosing the right partner.” We help our clients to go through this process smoothly and we provide services in the areas of:
- Candidate Selection – Diagnostics, Biotech and Life science CROs and CMOs
- Assessment – Technology, services and capabilities
- Negotiation – From initial talk to the finalization
How do I choose a right company?
Global outsourcing has created a lot of opportunities for companies from east to west to come together and form partnerships. Synergies in these areas could be use of opportunities, talents, technologies, and cost difference. For Biotechnology sector, we carry a list of companies that are into contract development and manufacturing. We have experience with most of these companies, and some of them already doing business with our clients.
Assessment
Knowing the strength and weakness of a company is the key in bio-partnering. After all, you do not want to do business with a company that over promises and underperforms. We help companies in assessing CROs and CMOs both from the technical and capabilities point of view. Services in this area include:
- Scientific Advice – Critical Evaluation of Technology and Products
- Facility Visit – Pre Audit
- Reports – Financial