Article | May 27, 2021

The Emerging Biotech's Guide To Creating Scalable Infrastructure With A Functional Service Provider

By Cheryl Silva

Speaking meeting

For a biotech company, sudden growth can come in many forms. When your company finds it necessary to scale quickly while still maintaining complete oversight over every aspect of your study, partnering with a functional service provider (FSP) may be an excellent solution.

Providing functional expertise is what functional service providers do — the specialized knowledge to drive your business and the manpower to translate plans into action. No wonder FSP engagements often become long-term relationships. At Premier Research, our longest FSP engagement has been ongoing for 24 years; a third of the staff on that project has been supporting it for ten years or longer.

FSP support can be helpful for companies with eight employees and for companies with 88,000 employees — any time additional help is needed. It may be most crucial, however, for smaller companies that lack the physical resources to capitalize on big opportunities.

Learn how a FSP can provide the expertise and instant infrastructure to move things ahead quickly while still retaining complete control.

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