Life Sciences and Biotechnology

Overview

To maintain and increase the current level of investments, it is essential for today's Life Science and Biotechnology industry to transform scientific discoveries into therapeutic treatments for patients. In order to have smooth transition, companies need technological superiority for better collaboration of the entire team including research scientists, clinicians, doctors and patients. This technological superiority enables companies to develop commercial capabilities needed to infiltrate the complex market.

Our Life Sciences and Biotechnology line of business combines domain focus, best-of-breed technology and delivery excellence in a comprehensive portfolio carefully and especially designed to address the demands of rapidly-modernizing industries.

Why TESTQ

TESTQ has proven expertise across Social, Mobile, Analytics, and Cloud technology platforms and in-depth knowledge of essential regulatory standards and compliances to provide the right answers to Life Science and Biotechnology industry requirements.

Our industry specialists assist you to refine your business models through innovative partnerships, improved processes and more effective compliance ultimately increasing stakeholder value. Our solutions enable our clients to expedite their time to market, increase the relevance and safety of their products and deliver products that are way ahead of their competitors.

Key Challenges

In a fast-changing industry landscape, the Life Sciences and Biotechnology industry is battling challenges, namely:

  • Rising Research and Development costs
  • Increased focus on NICE implementation
  • High operating costs
  • Shrinking product pipelines
  • Expiration of patents
  • Stringent regulatory systems to ensure drug safety
  • Lack of funding to upgrade key platform

To adapt effectively an industry like Life Sciences and Biotechnology that is highly innovative and dynamic, companies must accelerate their development processes and also re-examine their underlying operational strategies. Our offerings address these and work seamlessly to help you increase revenues, increase process efficiencies, and maintain quality compliance.

A transformational shift because of shrinking margins, changing regulations, and rising R&D costs, is driving Life Sciences companies to change the way they do business and develop new business models. For example, the speed of computing and breakthroughs in genomics are opening up untold opportunities and are changing the way companies do business today. In the UK, Pharmaceuticals, Biotechnology and Medical technology sectors together comprise around 4,500 firms

Segments

We draw on our experience of this industry and skilled consultants to provide you with radical solutions to optimize processes, reduce costs and attain high productivity levels.

We serve the following segments:

  • Data Integration and Warehousing
  • Data Visualization
  • Research and Clinical Data Analytics
  • Clinical Transformation
  • Regulatory Compliance
  • Supply Chain and Manufacturing
  • Sales and Marketing
  • Content Management
  • Infrastructure Management