An Information Technology Consulting Company That Is Perfect for a Biotech Firm – 7 Signs
Small and midsize Biotech companies do not have the financial resources that their larger pharmaceutical counterparts have. This means that they must be even smarter in how they spend. Larger firms have deeper pockets for their projects while Biotech startups and medium sized firms must find investors if they do not have enough in the R&D budget. Thus, due to budget limitations, the small to midsize Biotech companies must find creative methods to use their limited resources while growing their business. The most effective way for them to do this is to make sure that the company they are hiring is a great long term match. When looking for an Information Technology firm to hire, Biotech companies should look for seven major signs.
An Information Technology consulting company that truly understands and embraces their Biotech clients’ needs should be experienced and knowledgeable in serving the Biotech industry. We believe there are seven traits that a successful IT partner should have:
1. They should have an understanding of the biotechnology industry and specific needs that may come up such as regulatory requirements, clinical trial needs, GMP standards, HIPAA (in some cases), FDA compliance, ISO certifications, trade secret protections, vendor relations with proprietary lab equipment manufacturers etc.
2. They should have a leadership background and many years of experience in the industry (over 10 is a good number). They should be able to work with C-level executives as well as line workers so they know the needs at the front line as … Read more