Benefits of BioPhorum
Members from the world’s leading biopharmaceutical and medical device organizations and their suppliers work together to address challenges, improve efficiencies, and realize tangible benefits including cost reductions. Replacing isolation with collaboration.
Members report that, as a result of BioPhorum collaboration, they have realized the potential for multi-million $ savings or several months improved speed impacts from BioPhorum outputs. Through our focus on real-world deliverables, we aim to ensure that our members can capture at least five to 10 times the value of their investments in time and BioPhorum membership.
Our ambitions for our members and the wider industry are focussed on key opportunities in the areas in which we believe that collaborating together can accelerate industry transformation:
Productivity and cost improvement
Speed to market
Regulatory risk and simplification
In each of these areas our members are striving for material improvements – to help their company performance and ultimated for the benefits of the wider industry
Benefits of BioPhorum membership come at many levels
In addition to these tangible benefits there are other areas of value that our members experience.
BioPhorum members take a proactive responsibility for the development of the industry. Contributing experts from member organizations are globally recognized for their contributions to BioPhorum publications and tools. Published articles generated by our workstreams are cited in leading journals and our best practice guidance influences the development of regulatory frameworks.
Participants in Phorums and their workstreams connect and work together with peers dealing with similar challenges and opportunities. They benefit from a unique opportunity to work together in a safe shared space which results in productive networking, shared learning and enhanced skills.