The B4D management team solution.
The B4D virtual management team provides the level of expertise and experience that investors will want to have in place prior to financing. Our team has the skill set to either take over all senior management functions or “gap-fill” roles to complement your existing team.
COMPANY MANAGEMENT EXPERIENCE
Our management team will navigate the path to your company’s goals.
B4D has set up and run several virtual biotech companies. We have worked, with equal success, as the entire senior management team reporting to the Board of Directors, or gap-filling to complement the existing management.
B4D has experience developing and managing financial plans and budgets that exceed the expectations of potential partners as well as our clients. We have templates and processes in place to ensure nothing is missed and everything is closely monitored.
B4D provides a flexible cross-functional senior management team, eliminating the need to hire multiple functional positions. This model overcomes the excessive burn rates experienced by traditional biopharma companies associated with expenditures unrelated to actual asset development.
Service 6: Virtual
Our team will put in place company-specific administrative systems and SOPs that are needed to run a company efficiently. This includes establishing regular project and Senior management team meetings and reporting procedures to track both project progress and spending against approved budgets.
We provide management support for preclinical to clinical, chemistry and manufacturing, analytical, clinical, business development and licensing teams, whether in-house or external.
We have experience both as Board members and as management reporting to Boards and know what type of information they need to carry out their oversight function. We can prepare presentations for quarterly meetings along with written progress reports and develop Excel-based financial plans and budgets.
One of the challenges a start-up biotech company faces is to select the right contract research or manufacturing organizations (CROs/CMOs) for their specific project. There are so many to choose from and cost is not the only factor to consider. B4D has worked with many CROs/CMOs and can help you identify the most appropriate supplier for your project, obtain competitive bids, negotiate contracts and oversee work conducted at the company to ensure the project stays on track and on budget.
B4D can set up a virtual data room for your company, providing the ability to keep your information confidential but readily available to potential licensing partners and investors, as well as the appropriate company team members and consultants.