News & Views
Strategies to Boost Life Science Business Growth
Apr 20 2010
International Consultancy Group Bridge4Bio focused on assisting life sciences and biotechnology companies, is targeting four strategic areas to help both startups and established companies plan and grow their
businesses globally. In terms of channel development the Group’s senior management team will helps clients find the appropriate distributor, or choose appropriate partners for OEM mergers or licensing deals to expand their business. Guidance with strategic marketing includes building and implementing a global business plan for developing new and existing product line channel strategies. Advice covers market promotions, communications and agreement negotiation, as well as IP protection for securing future opportunity. Assistance with global sourcing – for manufacturing, reduced costs, contract negotiation or investing in long-term global partnerships – as well as finding appropriate investors or partnership companies also come under the umbrella of services offered.
“Forming a partnership with Bridge4Bio allows life sciences and biotechnology companies, both large and small, to maximise their growth potential while working with tight budgets,” explained Hugh Douglas, Bridge4Bio’s President.
Douglas continued: “Bridge4Bio provides our clients the experience of a network of ten international life sciences and biotechnology consultants who have all experienced firsthand the start-up and growth challenges faced by life sciences and biotechnology businesses in global markets. We recognise that companies may not have the funds for high-priced consultants. The client pays us based on the success of the implementation which means that the up-front cost and risk is further reduced for our clients.”
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