Early stage biotech companies have traditionally had limited options to get their first asset to market: in most cases, they pursue deals with larger partners, losing control of their intellectual property and limiting their future financial returns, or become a fully integrated company through heavy investment and a great deal of risk.
Opportunities for outsourcing some—or all—of a company’s commercial operations can be an option, but many companies have misconceptions about the highly viable “third option” of commercializing with a proven outsourced partner.
Lee Taurman, Executive Vice President and Head, Full-Service Commercial and Carl Sailer, Vice President and Global Go-to-Market Lead, both from Syneos Health, discuss the wide range of outsourcing options companies can consider that reduce risk, manage costs and optimize performance while maintaining control of their asset—while debunking some of the myths associated with this alternative path to market.
For more on commercial options for biotech companies on the verge of market entry, check out these insights:
ON-DEMAND WEBINAR: Preparing and Aligning Your Biotech Organization for Commercial Success
PRESENTATION: Investing for Commercial Success as an Emerging Company
Five Considerations for Choosing an Agency Partner for a Successful Biopharma Launch
How Clarity Can Be a Differentiator for Biotechs in Uncertain Times
