Novasecta was founded in 2003 to provide a new type of highly tailored consulting support to its life sciences clients.
Our clients are our business. Novasecta was founded from the strong belief that:
- Life sciences clients require consultants that care about and deeply understand their industry.
- Consultants should be fundamentally collaborative in understanding and responding to their clients' unique contexts.
The early years
In the early years we consciously selected a group of clients that we felt were often poorly served by larger generalist consulting firms. We then provided these clients with consulting teams that really understood how to make the best of their unique resources. We named the group of clients ‘MidPharmas’, as they happened to be mostly mid-sized by comparison with their Big Pharma and small biotech competitors. By working with these clients we found a tremendous diversity in business models and built an enormous knowledge base about the diverse ways that companies deal with the industry's toughest challenges.
Meanwhile the last decade has seen a radical transformation across the entire life sciences industry. The perceived wisdom that the best way is the 'Big Pharma' way that many larger consulting companies have been advising on and promoting is no longer valid. Big Pharmas have been radically changing their models, particularly in R&D, to be smaller and more nimble. There is no true 'best practice' any more: business has returned to the fundamentals of matching distinctive capabilities to evolving market realities and partnering creatively, just like the most successful 'MidPharmas' have been doing for many years.
Now and the future
As the industry has evolved, so we have evolved to work with MidPharmas, larger pharmaceutical companies, medical technology companies and smaller 'biotech' companies. We apply our founding principles and skills across the entire life sciences industry.
We see a bright future for the industry, and are dedicated to playing our part in its evolution: to work with and inspire our clients to make the strategic changes that best suit their unique resources.