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Vault Message Board: Management and Strategy Consulting

Topic Name: biotech boutique consulting firms...
Message Name: A few thoughts...
Date Posted: 10/19/2003
In Reply To: Biotech companies themselves are really just glorified research projects. Start firms are weak on technical evalauation or competetive technical intelligence. Also, the size of a biotech means it does need the org studies and crap like that. I guess there could be a some stuff on market evaluation (market sizing) and on drug launch. But you might as well be a pharma boutiqeu then, not a biotech boutique. I can see something in terms of a boutique that did evaluation for investors. But it would be pretty technical and would have patent expertise and the like. SEriously, just wondering what the hell a biotech boutique would be. What studies would it sell, to who?
Message: given Pharma's big outsourcing move towards contract research etc, I could see where strategy consultants could assess whether working with pharma and doing their dirty (wet) work would be more profitable, while retaining licensing rights for their own drugs etc. But for all these, I don't entirely see how a biotech degree would be of any special use. I know Merck has a tech strategy team that assesses the value of any potential technology acquisitions (say HT assay companies etc) and these teams have both PhDs and MBAs. Hope you can get some useful info out of these ramblings. cheers

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