Biotechnology consulting
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Biotechnology consulting (or biotech consulting) refers to the practice of assisting organizations involved in research and commercialization of
biotechnology Biotechnology is the integration of natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services. The term ''biotechnology'' was first used ...
in improving their methods and efficiency of production, and approaches to R&D. This assistance is usually provided in the form of specialized technological advice and sharing of expertise. Both start-up and established organizations would hire biotechnology consultants mainly to receive an independent and professional advice from key opinion leaders, individuals with extensive knowledge and experience in a particular area of biotechnology or
biological science Biology is the scientific study of life. It is a natural science with a broad scope but has several unifying themes that tie it together as a single, coherent field. For instance, all organisms are made up of cells that process hereditary ...
s, and, often, to outsource their projects for implementation by well qualified individuals. Large management consulting firms would often be able to provide technological advice as well, depending on the qualifications of their consulting team. With the growth of
pharmaceutical companies The pharmaceutical industry discovers, develops, produces, and markets drugs or pharmaceutical drugs for use as medications to be administered to patients (or self-administered), with the aim to cure them, vaccinate them, or alleviate symptoms. ...
, biotechnology consulting has recently developed into an industry of its own and separated from the
management consulting Management consulting is the practice of providing consulting services to organizations to improve their performance or in any way to assist in achieving organizational objectives. Organizations may draw upon the services of management consultan ...
industry that traditionally also provides technological advice on R&D projects to various industries. This has also been fueled by the impact various conflicts of interests can have on
commercialization Commercialization or commercialisation is the process of introducing a new product or production method into commerce—making it available on the market. The term often connotes especially entry into the mass market (as opposed to entry into ...
when biotechnology organizations contract services from
academic institution Academic institution is an educational institution dedicated to education and research, which grants academic degrees. See also academy and university. Types * Primary schools – (from French ''école primaire'') institutions where children ...
s or government scientistsJeffrey L. Fox. Biotech consulting, investing by NIH scientists curbed. Nature Biotechnology. (2005) 23, 274

This is exemplified by the successful emergence of many consulting companies dedicated exclusively to servicing the biotech industry. Occasionally,
university professor Professor (commonly abbreviated as Prof.) is an academic rank at universities and other post-secondary education and research institutions in most countries. Literally, ''professor'' derives from Latin as a "person who professes". Professor ...
s and Phd students engage in biotechnology consulting, either commercially or free of charge. A special type of consulting is
patent A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an enabling disclosure of the invention."A ...
strategy and management consulting or simply patent consulting which specifically emphasizes on the scope of
patent rights A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an enabling disclosure of the invention."A ...
versus R&D in industry. It also assets successful commercialization of patentable matter. The primary aim of patent consulting company is to assist various small, medium and large corporation in realizing their research project toward successful patent registration with minimized danger of infringement and other risks that patent registrations may be subjected to prior to commercialization. One example of patent consulting firm is ''The Patent World''.


References

{{DEFAULTSORT:Biotechnology Consulting Consulting by type Biotechnology organizations