Fundraising for Clinical Trials? It’s Time to Find a CRO

30 Dec

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:

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.

LSN_SponsorshipBrochure_2022

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!
International
East Coast (USA) & China
Midwest (USA)
& Canada
West Coast  (USA)
Alex
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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