Accelerating Innovation and Mitigating Risk in Outsourced R&D

October 25, 2017 | Posted by Team in Drug Discovery, Events, Outsourcing Best Practices, Science Exchange News, Workshops |

Science Exchange Summit 2017

by Elizabeth Iorns, Ph.D., CEO and Co-Founder, Science Exchange | www.scienceexchange.com

Science Exchange recently hosted a group of procurement executives from multiple industries for our 2017 Science Exchange Outsourced R&D Leadership Summit. During the informative and interactive sessions, we discussed both the challenges and opportunities that organizations are facing as they seek to effectively manage outsourced R&D services.

From presentations by procurement leaders from major pharmaceutical companies on how they’re structuring procurement to enable innovation, to insights on how Science Exchange is pioneering new ways to make it easier to access innovation from our service providers, one of the key themes of the day was the potential for the procurement function to empower scientists to achieve breakthrough discovery. Here are some of my notes around the theme of innovation:

  • Procurement leaders can drive innovation, with the right tools. A pharmaceutical company procurement leader responsible for driving innovation shared that, in less than six months of working with Science Exchange, they had been able to increase their use of new, niche service providers by 11%.
  • Innovation can be hampered by complex processes. Natalie Foote, our Director of Service Provider Operations, presented with two of our service providers — iSpecimen and LabNetwork, a WuXi AppTec company– about new technology integrations with our platform. These integrations allow Science Exchange users to access the iSpecimen and LabNetwork marketplaces through a seamless access point on our platform — no barriers to innovation!
  • Flexible, agile procurement support helps drive innovation. During a panel discussion that I moderated, procurement leaders from three global pharmaceutical companies examined the need to more flexible and agile when it comes to managing R&D requests, and supporting the R&D business through an end-to-end process. They also discussed how their organizations must strategically examine the best mix of internal and external capabilities, core strengths and capacity when it comes to maximizing R&D innovation.

Another theme that surfaced during the Summit was risk mitigation, including the need to better manage confidentiality, data security and intellectual property (IP), and how to prepare for business continuity — whether caused by security breaches or natural disasters. My notes on the theme of risk mitigation:

  • Proactively mitigate risk. During the panel discussion, procurement leaders talked about the need to move beyond a “paper exercise” for managing risk, to a more proactive and rigorous approach to protecting their companies from data and security breaches and business continuity issues. One panelist discussed the drive for holding the business accountable for third-party risk oversight on a global scale, to move beyond that “check the box” mentality.   
  • Balance risk and innovation opportunity. Another panelist emphasized how important it is to strike the delicate balance between managing risk and enabling innovation, to ensure that businesses are protected without slowing down or blocking important scientific discoveries.  
  • Ask the right questions to assess risk. Our Director of Contracts & Compliance, Andrew Gutierrez, highlighted the need to ask the right questions in developing contracts and programs that will protect a company’s confidentiality and IP.He also talked about the need to verify how your data is being protected by your partners to ensure compliance with global regulations.

The Science Exchange Summit gave our entire team an opportunity to deepen our understanding of the needs of global procurement leaders, and our attendees gained insights to bring back to their own organizations, and a network of experts to collaborate with in the future. I look forward to continuing these discussions with our customers so we can continue to learn from one another and accelerate scientific discovery!

Learn more about how Science Exchange can help you — request a demo today.

We’re ready for the Charles River’s 23rd Annual Biotech Symposium!

July 26, 2017 | Posted by Team in Conferences, Events, New Innovations, Workshops |

by Annie Chen, Event Marketing Specialist, Science Exchange | www.scienceexchange.com

We are excited to attend the 23rd Annual Biotech Symposium hosted by Charles River, a leading service provider on the Science Exchange network — and we hope to see you there! Join your colleagues and industry experts from Bluebird, Janssen, Pfizer, and Amgen in Carlsbad, CA September 11–13.

With five different session tracks, join Charles River to learn about:

  • Biotherapeutic development programs and related case studies
  • Biomolecules and modifications to prolong a molecule’s half-life
  • Preclinical development of inhaled therapeutics
  • Microphysiology systems for biotherapeutics

Arrive one day early and attend the pre-symposium workshop titled, Where Does My Protein Go and Why Does It Matter? The Role of PK/PD in Biotherapeutics on Sunday, September 10.

Discounted room rates are available until August 11 and special registration fees are available to SOT BTSS members.

Register Now!

Learn about Next Generation Sequencing at the UCLA Clinical Microarray Core

June 12, 2015 | Posted by Keith Osiewicz in Workshops |

Back by popular demand, one of our top providers is hosting a Next Generation Sequencing Workshop at UCLA. If you want to use Next Generation Sequencing in your research/clinical testing, but need help with set up, sample prep, data analysis/interpretation, the Next Generation Sequencing Workshop is the place to go.

The 4-day event is run by the UCLA Clinical Microarray Core, an expert in the clinical and research Next Generation Sequencing field. The workshop was created to give researchers/clinicians hands-on experience on all aspects of Next Generation Sequencing including wet lab experience, data analysis sessions, and discussions with experts in the field.

The event will be held from July 13 – 16, 2015 at UCLA. Registration is $1500 for non-UCLA attendees.

You can register online by visiting the UCLA Clinical Microarray Core website.

Learn about Next Generation Sequencing at the UCLA Clinical Microarray Core

September 13, 2013 | Posted by Team in Workshops |
Dr. Li and his team at the UCLA Clinical Microarray Core.

Dr. Li and his team at the UCLA Clinical Microarray Core.

Back by popular demand, one of our top providers is hosting a Next Generation Sequencing Workshop at UCLA. If you want to use Next Generation Sequencing in your research, but need help with set up, sample prep, or even data analyzation, the Next Generation Sequencing Workshop is the place to go.

The 5-day event is run by the UCLA Clinical Microarray Core, an expert in the Next Generation Sequencing field. The workshop was created to give researchers hands-on experience on all aspects of  Next Generation Sequencing including wet lab experience, data analysis sessions, and discussions with experts in the field.

The event will be held from November 4 – 8 at UCLA. Registration is $800 for members of UCLA’s Jonsson Comprehensive Cancer Center (JCCC), $1200 for other UCLA attendees, $2000 for non-UCLA attendees.

You can register now at the link below or contact Dr. Xinmin Li at xinminli@mednet.ucla.edu for further information.

http://www.pathnet.medsch.ucla.edu/research/corelab/ClinicalMicroArray/Registration2.asp

 

 

Fermentation & Protein Purification Workshop

May 1, 2013 | Posted by Team in Workshops |

fermentor

The University of Maryland’s Biotechnology Research and Education Program (BREP) is offering two workshops to help biotechnology professionals advance their careers and learn the latest technologies.

With the event hosted by the directors of the Bioprocess Scale-Up Facility and Biopharmaceutical Advancement Facility (one of the top providers on Science Exchange), you can come to learn how to produce and purify biopharmaceutical products.  The hands-on, one-week training includes two sessions taught by world-class faculty and practitioners.  Academic and government discounts are available as well.

Read the rest of this entry »

Next Generation Sequencing Workshop

April 10, 2013 | Posted by Team in Workshops |

Screen Shot 2013-04-09 at 2.44.27 PM

Do you want to learn how to use Next Generation Sequencing in your research? Or have you received a Sequencing report recently, and need help analyzing the data?

If so, be sure to check out a new workshop offered by one of Science Exchange’s top providers, the UCLA Clinical Microarray Core. The “Next Generation Sequencing Workshop With Limited Amount of RNA/DNA” will be hosted on the UCLA campus from June 17th – 21st, 2013.

Read the rest of this entry »

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