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there's a reason these companies are startups not CRO's, because they are applying technology to solve problems and that means they can grow fast. Outsourcing c
by technotony 11y ago
there's a reason these companies are startups not CRO's, because they are applying technology to solve problems and that means they can grow fast. Outsourcing costs are falling fast for the same reasons that hardware startups costs are falling: software eating the world. In this case a convergence of automation/internet of things technologies with lab technologies means lower cost experiments, more leverage from researchers (code once and anyone can reuse your code) etc.
- HarryHirsch 11y agoSoftware eating the world? In pharma??? At the end of the day it's still chemists in labs preparing compounds that are then put through assays and clinical trials. It's Wall Street eating science, that's all.
- pcrh 11y agoYou're correct that specific technologies can drive a small company (Heptares in the UK [0] -- springs to mind). Mostly, though they are business-to-business, rather than the typical view of startups. [0]http://www.heptares.com/ http://www.heptares.com/