Technology and Service Providers
Technology and service providers are proliferating globally, with integrated Asian companies now competing fiercely with European and US specialists.
Typical Providers Profile
- Novel technology companies or service providers in drug discovery and clinical study conduct.
- Specialised by technology / services provided, in a particular region to capitalise on lower costs and/or treatment-naive patients, or as a full service and often global provider.
- Goal is to generate increasing number of high quality collaborations to maximise revenues.
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Common Challenges
- Sustain competitive edge in light of ever novel / improved technologies and increasing number of global full service providers.
- Ensure workload consistency for maintaining operational margins.
- Adapt working relationships with Big Pharma and MidPharma sponsors.
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NovaSecta Engagement
- Formulate platform / technology maximisation strategies.
- Structure resource management models and organisation designs.
- Provide forums for MidPharmas to connect, network and exchange ideas with technology and service providers through our multi-company field trips.
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