Strategies for Successful Transition from Full-Time to Project-Based Employment

San Francisco American Chemical Society Meeting
Tuesday, August 12, 2014

DIVISION: SCHB: Division of Small Chemical Businesses
SESSION: True Stories from Entrepreneurs
SESSION START TIME: August 12, 2014, 8:00 am
PRESENTATION START TIME: August 12, 2014, 8:35 am
LOCATION: Moscone Center, South Bldg., Room: Esplanade Ballroom 301 

ABSTRACT:  Many sectors, including the biotechnology and pharmaceutical industries, continue to be challenged by the current economy. With the current and ongoing trend of engaging contract laboratories for chemistry research and manufacturing, the unemployment rate among those engaged in life-sciences companies continues to be disproportionate to the national average. Through development of skills such as managing CRO activities, leveraging services for resources, networking and marketing, motivated contributors can create opportunities leading to the development of successful consulting practices.

Successful Chemistry Outsourcing for Today's Startup Companies

San Francisco American Chemical Society Meeting
Tuesday, August 12, 2014

DIVISION: SCHB: Division of Small Chemical Businesses
SESSION: Start-Up Chemical Businesses in Drug Discovery
SESSION START TIME: August 12, 2014, 1:00 pm
PRESENTATION START TIME: 4:20 pm
LOCATION: Moscone Center, South Bldg., Room: Esplanade Ballroom 301

ABSTRACT:  Chemistry outsourcing has evolved from a tool to supplement internal activities to a necessary function designed to improve efficiencies and control costs within research and development organizations. This is particularly relevant to start-up pharmaceutical and biotechnology companies. However, realizing successful outcomes following engagement of CRO/CMO resources can be challenging - especially when working across large distances and without the ability to frequently monitor day-to-day activities. Through adoption of key strategies, efficiencies with CRO/CMO resources can be increased thus maximizing chances for successful project outcomes.