How Biotech and Big Pharma Alike Can Best Choose the Right Services Provider
Failing to choose the right manufacturer can be a disaster for biotech or pharmaceutical companies of any size. The results can include clinical trial delays, leading to loss of revenue while regulatory approval is withheld.
It goes without saying that the chosen pharmaceutical services provider needs to be experienced in your particular field and be fully compliant with all relevant regulations. As Life Science Leader explains, there are now more contract development and manufacturing organisations than ever before, so it’s important you fully explore all the options. There are two main options to choose from when deciding how to handle your route to market: the package option and the independent option.
Choosing the “Package” Option
One option when hunting for a service provider is to take advantage of a company that offers an all-inclusive package. The advantage is that you will have access to an integrated team of experts who can handle all aspects of the process. You will probably have a primary contact who will oversee the process on your behalf and who will be on hand to answer your queries and provide you with detailed updates throughout your project. Choosing this all-in-one option can cost more than going down the independent route, however.
How the Independent Option Works
If you choose this option, you will have a great degree of control over the process, giving you more flexibility than you would get with a package. You might find that as each provider is responsible for a relatively small area, they have a greater level of expertise. On the flip-side, you may find it time-consuming to have to deal with a number of separate providers. Logistically, differences in technical expertise or preferences may also cause problems. You may also find you require a dedicated consultant to keep everything running smoothly and to handle some of the liaison between providers.
Whichever choice seems the most appealing, it’s important to do your research and reach out to a number of providers to discuss the available options. Reputable firms such as G and l scientific have a great deal of experience in the field and are well placed to answer your questions.
It’s vital the best possible services provider is selected to ensure the entire process runs as smoothly and efficiently as possible.