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The Role of Competitive Intelligence in Biotech Startups

BioEntrepreneur has a short article titled the Role of Competitive Intelligence in Biotech Startups:

All biotech startups gather competitive intelligence (CI), although often they are not aware they are doing so. When a scientist attends a professional conference to learn about emerging technologies and who is working on them, when an employee stops at a rival's booth at a trade show to pick up information about their products, when a business development expert reads a market report, or even when an executive chats with a friend about trends in their industry, they are gathering CI. The problem is that in most biotech startups no one manages this flow of information, nor is it organized in a systematic way1. As a consequence, the firm does not maximize the value of these critical resources.

Pharma & Biotech Industry Event

From the press release:

Almost all pharma & biotech companies collect competitive intelligence. With pharma and biotech companies facing more and more competitive pressures, business intelligence is becoming increasingly paramount throughout the industry. Industry leaders will be gathering at the 6th Annual Pharma & Biotech Competitive Intelligence Summit, September 18-19th, 2006, in Princeton, N.J., announces Strategic Research Institute.

    This summit brings together a plethora of top level executives that will discuss the current issues and trends of today. This year's specialists will update you on CI strategies that are successful, and how competitive intelligence's role influences and is utilized by all areas of pharma and biotech organizations. The summit website is www.srinstitute.com/ci.

Dates: September 18 & 19, 2006, Princeton, NJ

New RNA Competitive Intelligence Publication Available

A new monthly competitive intelligence publication covering the RNA industry is available from publisher HiTIS. A complimentary copy of RNAi Competitive Intelligence Monthly is available here.

Press release
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