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 Companies who have founders with technical or scientific backgrounds are often challenged with how to take their discoveries to market. It is critical to prioritize what is in the pipeline, understand the economic value each brings, and build the business foundation early to insure financial success. The technical and business expertise of the team at BioScience Business Solutions, combined with real world experience in building companies, can streamline this process and insure all senior team members are brought up to speed quickly.
Services include:
- Educating scientists and technology managers on business basics.
- Understanding the clinical diagnostic and clinical medicine markets—what it will take to get your organization set up to meet revenue expectations.
- Participation in planning sessions and executive team meetings as a Senior sales, marketing, or business development executive to provide insight and guidance for strategy and tactics.
- Interim management roles in sales, marketing, or business development—to fill gaps between hires, or in a full time employment capacity until an appropriate permanent team member is in place.
Case Study : BioScience Business Solutions was hired for an 18 month period to work with a group of 20 scientists in a new business unit of a laser capture microdissection company that had been set up to discover and develop gene expression clinical diagnostics. During the course of this interim management assignment, a strategy and tactical business plan was written, the product pipeline was prioritized including market analysis, and partnership strategies were developed with several deals executed. In addition, the entire scientific team was educated on the business value of their scientific work resulting in an R&D focused program driven by product concepts with greatest revenue potential.
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