Cost

How a tightening labor market impacts Biotech and Pharma Manufacturing

By |September 13th, 2018|Cost, Manufacturing, Operations|

With the latest release of employment data from the U.S. Labor Department, it is apparent that, at least in the short term, unemployment is nearing a fifty-year low. While that should cheer new graduates in the Life Sciences, the news may foretell a [...]

Increasing Cost of Innovation. The 3rd Driver of the Foundry Model in the Molecular Diagnostics Industry

By |March 28th, 2018|Cost, Manufacturing|

Part Three – Increasing Cost of Innovation The third driver that is triggering the growth of the foundry model in Molecular Diagnostics is the ever Increasing Cost of Innovation. The similarity between molecular diagnostics and the 1980’s chip fabric [...]

The 2nd Driver of the Foundry Model and how it’s shaping the Molecular Diagnostics Industry

By |February 27th, 2018|Cost, Manufacturing, QA/QC|

Part Two- Leveraging Commonality The second driver that spawned the growth of the foundry model was the ability to Leverage Commonality. By the mid 1980’s, the techniques used to manufacture a wafer and eventually a semiconductor chip were largely co [...]

Looking to Gain Value in Your Drug Product or IVD? Level-Up Your QC Program

By |February 8th, 2018|Cost, QA/QC, Tips and Tricks|

Many organizations view their QC program as a necessary evil- required by regulatory bodies and useful primarily to release product. However, defining and building a solid Quality Control program can unlock great value. Setting aside the need for fin [...]

Three Reasons why the Foundry Model will revolutionize manufacturing in the Molecular Diagnostics Industry

By |January 23rd, 2018|Cost, Manufacturing|

Part One - Keeping Pace in Innovation The foundry model is poised to fundamentally transform the biotechnology sector. As it revolutionized the semiconductor industry in the mid 1980’s, the foundry model brings to molecular diagnostic companies a met [...]

Variabilization: Pivotal in your Biotech Reagent and Diagnostic Operations

By |October 30th, 2017|Cost, Operations, Tips and Tricks|

The concept of variabilization, a willful shift from fixed to variable costs, has been around since the late 1990s. First-in-class companies have moved from a fixed cost model to a variable model, primarily to enhance their agility, responsiveness, a [...]