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Large
pharmaceutical companies, as well as smaller
biotechs clearly face increasing pressure to
deliver molecules to R&D labs as well as the
mass market under tight deadlines. Whilst
outsourcing may be the only option for
"virtual" small biotechs, outsourcing is
becoming increasingly important for big
pharma too who are looking to become leaner,
lower-cost, faster and more efficient.
However, managing, monitoring and motivating
third-party vendors creates a whole lot of
issues and hurdles, especially in terms of
agreeing to contracts, standard operating
procedures and standards, joint project
management, clear communication, minimizing
risk and ensuring high-quality.

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