20.06.2017, Berlin, Germany BIONNALE is the largest networking event for life sciences and healthcare industries in the German capital region. Representatives from academia and industry attend the annual life sciences event in Berlin to identify, engage and start strategic relationships. The networking character is one strength of BIONNALE with more than 900 attendees from over […]
Key aspects of business development are the creation of long-term value between two organizations, and building, managing and leveraging relationships that are based on trust and mutual appreciation. This will increase the likelihood of a product or technology to take advantage of the opportunities within a given market. As a prerequisite, the disposition to let another party participate on one’s own success will maximize the financial benefit for both.
Implementation of strategic partnerships in order to foster innovation and to accelerate the development of commercializable products and technologies has become one of the major objectives of business development in healthcare and life science companies.
berlin bioVentures pursues to support emergent technology driven companies through its expertise in operative business development, strategic consulting and a broad international network of industry stakeholders.
berlin bioVentures enables its clients to develop a clear and comprehensive business strategy from value definition to value transfer of a commercializable product or service.
Biotechnology is a key technology, the need for innovation and technological advances are the main drivers of any company in this field. However, a business’ road to success begins with a solid strategy and its rigorous execution throughout the entire organization.
A well thought out marketing strategy redetermines the market in terms of the needs and demands of the target customer segments and how they can be met through a company’s offer and capabilities. Wrong assumptions deduced from the internal and external analyses can lead to a strategy that is bound to fail.
The development of solid strategic options and the consistent execution of the most promising one to achieve defined business goals are essential for all subsequent actions of any endeavour.
berlin bioVentures will support you in positioning your company into the most promising target segments according to your capabilities and USPs. As an extension of your internal team berlin bioVentures will actively cooperate with you with dedication to your team and commitment to your goals in order to streamline your activities towards a customer-focussed company orientation and also coach you in order to develop your professional skills.
The enthusiasm to translate scientific innovations into a commercialized product or service is what drives researchers to embark on a journey into the unknown. However, the way to success requires expertise and resources that an entrepreneur does not necessarily have.
A thorough market analysis to understand the opportunities therein, as well as the needs and demands of future customers is a pivotal step that must never be underestimated. Understandably enough, there are many more considerations to be described in a consistent and complete business plan including a multi-annual finance plan that enables the start-up to operate.
An international experienced network of experts is accessible to you as needed to complement your internal expertise, e.g. in terms of patent strategy, freedom to operate analysis (FTO-Analysis), recruiting and more.
In addition the need for financing your technological developments and the search for a matching strategic partner is an area where berlin bioVentures can bring its network of international stakeholders into play.