By Candice He, Vice President of Business Development, Global Investment Strategist, LSN
Startups can save precious time and resources by seeking investments at Redefining Early Stage Investments (RESI), but service providers like Contract Research Organizations (CROs) are also there to help them achieve their goals better, faster, and cheaper. Designed to simplify entry into drug markets and reduce product development cost for life science companies, CROs support the biotechnology and medical device industries in the form of research services outsourced on a contract basis. Preexisting relationships with CROs and other RESI service providers help startups hit the ground running with their new capital. There are now more than 1,000 CROs, with some serving the global market, and many using RESI to promote their model and services.
Examples:
- Wuxi Apptech (Former RESI Title Sponsor)
- Viva Biotech (Former RESI Gold Sponsor)
- Avance Clinical (Former Exhibitor on RESI Service Provider Showcase)
In addition to the R&D outsourcing model, some CRO companies also have their own incubator or corporate venture capital funds, to support early-stage clients with equity investments or “Service for Equity”, which is designed to be a win-win model. Many fundraising executives are surprised to learn such options exist; some have never even considered an overseas CRO partner. With their biggest expenditure being covered, they can then focus on finding co-investors for a smaller round.
If you want to showcase your CRO brand to more startups in Therapeutics, MedTech and Diagnostics, you should not miss out Digital RESI in 2022. Check out the sponsorship brochure as below for the RESI 2022 schedule and sponsorship options.
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Want to learn more? The Business Development team at Life Science Nation is available to answer questions and share additional details to help you meet your partnership goals!
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International
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East Coast (USA) & China
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Midwest (USA)
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West Coast (USA)
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Greg Mannix
Vice President International Business Development Book a Meeting Email Me |
Candice He
VP, Business Development & Global Investment Strategist Book a Meeting Email Me |
Antoinette Lowre
Manager of Business Development Book a Meeting Email Me |
Alexander Vassallo
Manager of Business Development Book a Meeting Email Me |
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