Conduct market research Before starting a business selling into the life science industry, it’s important to conduct thorough market research to understand customer needs and preferences, competition, and industry trends. Develop a clear value proposition Based on your market research, develop a clear value proposition that differentiates your business from competitors and addresses the specific […]
Author Archives: Pharma_admin
Clinical trials are a crucial part of drug development in the pharmaceutical industry. These trials are designed to test the safety and efficacy of new drugs before they are approved for use. However, traditional clinical trial methods can be slow, expensive, and inefficient. This is where analytical services come in. In this blog post, we […]
Bringing a new drug to market is a complex and multi-step process that typically involves several stages, including research and development, clinical trials, regulatory approval, and commercialization. Here is a high-level overview of the process of selling a new drug into the market: Throughout this process, it’s important for pharmaceutical companies to work closely with […]
Identifying Key Opinion Leaders (KOLs) in the Life Science Industry The life science industry is highly competitive, and success depends on staying at the forefront of innovation and research. Key Opinion Leaders (KOLs) play a critical role in advancing the industry by providing insights, sharing knowledge, and shaping opinions. Identifying KOLs is an important step […]
Supply chain management is critical for companies selling into the life science industry for a number of reasons: Overall, supply chain management is critical for companies selling into the life science industry, and can have a significant impact on quality, timeliness, risk management, cost efficiency, and customer satisfaction.
Clinical data is a valuable asset for companies in the life science industry. It provides insights into product safety and efficacy, informs product development, and supports regulatory approval. However, the value of clinical data goes beyond these traditional uses. In this blog post, we’ll explore how companies can maximize the value of clinical data in […]
Companies are increasingly moving away from traditional ampoules to vials due to several reasons. Here are some possible reasons why: Overall, the benefits of vials make them an attractive option for pharmaceutical companies and healthcare providers alike. While they may be more expensive than ampoules in some cases, the benefits of increased safety, ease of […]
The life science industry is heavily regulated, and navigating the regulatory landscape can be a complex and challenging task. Companies need to ensure they are compliant with various rules and regulations while also bringing innovative products to market as quickly as possible. In this blog post, we’ll explore some key considerations for navigating the regulatory […]
Customer Relationship Management (CRM) software can be incredibly important for companies selling into the life science industry. Here are some of the key reasons why: Better organization and tracking of customer data A CRM system can help life science companies organize and track customer data more effectively, such as contact information, buying history, and product […]
Introduction: The life science industry in the United Kingdom has emerged as a vibrant and expanding sector, contributing significantly to the country’s economy and scientific advancements. Alongside its rapid growth, the industry has seen notable shifts in employment patterns and demographic composition. This article explores the employment landscape and demographic trends within the UK’s thriving […]