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With rapidly changing business models in the Life Sciences industry, how do you know which version of SAP S/4HANA Cloud is the right fit for you?
Life Sciences businesses are relatively unique. They have long lead times between investments and commercialization, leading to unpredictable revenue streams and cash flow gaps....
Growing a life sciences business is not an easy task. The life sciences industry presents plenty of opportunity, but operational complexity and regulatory challenges also are...
For most life sciences startups, the product is the business. This makes sense because many life sciences businesses come out of fundamental innovation in the lab, and thoughts of...
Enterprise resource planning solutions (ERP) play a critical role in helping life sciences businesses scale. But they also can play an important role earlier in the lifecycle of a...
A reliable supply chain is an art as much as a science, especially given recent geopolitical concerns that have added trade friction and highlighted the brittleness of many...
Serialization in pharmaceutical packaging is the process of assigning and labeling a unique serial number for each product to be sold. This contains information about the...
The COVID-19 pandemic has highlighted problems in the clinical trial supply chain, necessitating a shift in the industry to keep up with the pressure to deliver quick results and...
Following good manufacturing practice (GMP) guidelines help businesses run more efficiently and ensure that product quality and consistency are maintained. Life sciences...
The BIO International Convention attracts 14,000+ biotechnology and pharma leaders for one week of intensive networking to discover new opportunities and promising partnerships....
In this episode of Lifesciences Professional Podcast, Linda Robertson speaks with Ralph Hess about business technology in the Life Sciences industry.
The life sciences is a heavily regulated industry for obvious reasons: the drugs and devices a life sciences firm manufactures or distributes must be consistently safe and...
Developing a life sciences product and going to market is not easy. There’s the research and development, of course, but there’s also the business-building side.
Early-stage life sciences companies often face unique financial challenges as they work to bring their products to market. From securing funding to managing research and...
The life science industry has to meet strict regulatory requirements in an extremely competitive environment burdened with financial pressures and unique market demands. Companies...
In the past three years, the biotech sector has seen a boom in venture capital (VC) funding. Research from McKinsey has shown that VCs invested in 2,200 biotech start-ups...
The COVID-19 pandemic unsettled the supply chain, and the Ukraine-Russia war, ongoing cyberattacks, and trade disputes have only continued the trend. This has put pressure on...
COVID-19 has been a catalyst for the attraction of private equity to healthcare and the life sciences, as the rise of vaccination and drug discovery and supply includes new points...
The pharmaceutical industry has been transformed in recent years by pressure from intensely competitive markets and the need to comply with new regulations that mandate the...
Strict process control is fundamental for life sciences businesses. Not only is it important for accurate manufacture of drugs and devices that can make the difference between...
A GMP-compliant facility is a manufacturing facility that meets industry-standard quality specifications. GMP stands for "good manufacturing practices". The Food and Drug...
Now is a good moment for enterprising life sciences startups eying a future initial public offering.“Covid really brought some perspective on what the life sciences market can...
Originally Posted on ContractPharma on April 26th, 2022 | Read the full story here
Consumer health and safety is the fundamental responsibility of a pharmaceutical company. A major threat to the industry’s credibility is the rampant circulation of counterfeit...
Automation of key business processes in the life science industry has profound benefits. SAP ERP is one such tool that allows companies in the life science industry to do just...
Quality plays a pivotal role in the success of any business. Delays in delivery are often caused by products not meeting the mandated quality standards. Failure to meet quality...
The pharmaceutical industry is one of the most heavily regulated industries due to the implications product quality has on public health. Automation and optimization of key...
The flow of processes and operations in a pharmaceutical company is extremely complex and labor-intensive, owing to stringent production regulations and competitive market...
ERP stands for Enterprise Resource Planning and is software used by businesses to manage their day-to-day operations and processes. ERP software allows for the integrated...
Life science companies such as biotechnology, and biopharmaceutical companies face significant business challenges. These include optimizing processes and operations while meeting...
The need for life science companies to find better, faster ways to manage vast repositories of data and information has made the use of an integrated ERP system essential.
If you’re looking to find and implement an ERP platform in your business, we know it’s not easy.
Biotech startups have a lot to juggle.
Life sciences and biotech companies often make miracles happen, but the road from a spark of genius to a regulator-approved product isn’t easy. Getting to market involves...
There's no doubt that the pandemic has brought with it considerable life sciences supply chain challenges, as part of a complex web of obstacles - to which the industry has...
A functional supply chain is the cornerstone of any business and it’s also a core function of a life sciences organization.
Digital transformation is a phrase we hear a lot, and it's much more than a catchy buzzword.
Today, biotech and life sciences companies play a crucial role in the global medical supply chain. But life science businesses are complex, especially after product development...
It isn’t easy running a life sciences business.
Biotech firms must navigate a product life cycle that leads from R&D to clinical trials, manufacturing, and distribution. It’s a complex labyrinth of supply chains, regulatory...
The Life Sciences industry (Bio-Pharma, Medical Devices, Biotech, etc.) is unique in many ways beyond the products they bring to market, especially how organizations “evolve” as...
The pharmaceutical manufacturing industry moves at an accelerated pace. So businesses are increasingly turning to technologies such as enterprise resource planning (ERP)...
Manufacturing in the life sciences industry encompasses a broad range of processes and functions. Enterprise resource planning (ERP) and manufacturing execution systems (MES)...
Welcome again to our latest webinar, how growing and midsize life science companies leverage SAP cloud ERP. Again, today's webinar will be presented by Ralph Hess VP at navigator...
The life sciences industry moves at a rapid pace, and speed, precision and efficiency are essential for its success. Medical device manufacturers and suppliers simply cannot...
Good day, everyone. And welcome to our latest life sciences webinar here at Navigator Business Solutions, "How growing and midsize life science companies leverage SAP cloud ERP." ...
The life sciences industry has historically lagged behind other sectors when it comes to digital transformation. But the COVID-19 pandemic has made digitization a business and...
Startups are hard, but startups in the life sciences industry are a particular brand of challenging.
Throughout our daily lives we see change being pushed by new and old concerns; costs, convenience, environment and mobility. The most predictable of these is that we are all...
Often the jump from research in a lab to the manufacture and sale of a drug or life sciences product is more daunting than the work that went into developing the product.
There are many advantages from going with a prepackaged ERP solution instead of reinventing the wheel with a custom installation: Faster implementation. Best practices for a given...
Developing new drugs requires expertise, sweat equity and maybe even a bit of luck. Clinical researchers who reach the point where they consider starting their own pharmaceutical...
Quality management and defect trackability is important for every successful manufacturer. For medical device manufacturing, however, the bar is set higher: not only is quality...
The Life Sciences industry (Bio-Pharma, Medical Device, Nutraceuticals, etc.) is unique in many ways beyond the products they bring to market, especially how organizations...
Compliance in the Life Sciences world doesn’t have to be complex. Below are three common business management issues surrounding the life sciences industry and the solutions that...
How do you know when software is hampering your growth? One clue is that you find yourself doing manual workarounds to key business processes. Another is that you can’t get the...