Following the tenets of Radical Transparency, LifeSciHub is an open-source business case study in real time. What is more important to a business than its income and expenses? As a member of the community you are welcome to join LifeSciHub’s Radical Transparency Annual Report coming on April 26, 2023 at 12 noon ET, just in […]
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LifeSciHub is an ever-growing network of independent drug development subject matter experts. Every year, more and more industry veterans leave the corporate ladder to become independent consultants. From manufacturing experts to medical affairs, there is a vast abundance of the highest quality, most valuable drug development talent available to industry. The average member of the […]
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Thanks to the “gig economy” some of the best drug development talent has left the drug sponsor to work as independent consultants. From manufacturing tech transfer experts to commercialization analysts, regulatory strategists to biostatisticians, every drug development department now has an abundance of choice for on-demand, highly experienced drug development expertise. A common challenge is […]
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LifeSciHub is excited to welcome all drug development independent consultants to this Meetup being held in conjunction with the Drug Information Association Annual Meeting in Boston, June 26-29. Whether you are attending the conference or not, if you are an independent consultant in drug development, come to this meet up, network with other small business […]
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LifeSciHub, a strategic, radically transparent subcontracting channel for drug sponsors to engage with small drug development subject matter expert (SME) businesses, provides an attractive opportunity to small businesses: the Connector Model. A small SME business is focused on its “brand”: its particular area of subject matter expertise, that which it does well, it curates excellent […]
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Life sciences is rife with very experienced, high value people who, perhaps at the 10 or 20 year mark, decide they don’t want to continue as a full time employee. They embark on independent consulting but don’t particularly like contracting, invoicing and other business administration minutiae. Traditionally they have 2 choices: hire someone or bite […]
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As businesses kick off 2023 we all look towards the future, excited about what’s to come, thinking about what’s gone before, and how best to use those lessons learned towards future prosperity. Networks are the future, and LifeSciHub is a nascent “Monetized Network”. To our knowledge no one has created a business quite like this […]
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It should come as no surprise that drug sponsors are very concerned with compliance. LifeSciHub Current Administrator Sheila Mahoney: “As a regulatory person at heart, I had thought a drug sponsor’s primary risk concerns were related to drug safety and efficacy. Only when I started LifeScihub, and began encountering drug sponsor HR and legal groups, […]
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LifeSciHub’s Net Performance Score (NPS), adapted from Bain & Co’s original Net Promoter Score, is a critical tool in the strategic use of non-FTEs. As a community of independently incorporated drug development experts, we have a wealth of experience to draw from in terms of characteristics of successful non-full time employee (FTE) engagements. Two issues […]
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Airbnb disrupted the hospitality industry. Uber disrupted the taxi business. These are examples of “platforms”: transformative, participative, non traditional ecosystems of supply and demand that efficiently match users to each other in order to make financial or social transactions and create value. Traditional companies are hierarchies dependent upon directive management and process silos. A platform […]
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An R&D SME’s Cautiously Optimistic Journey Into The Land Of HR- A Report From BioNJ’s HR Conference, September 23, 2022 As a regulatory and clinical operations SME I was a bit of a fish out of water at September’s BioNJ’s Pharmaceutical Human Resources Conference. Representing LifeSciHub, a network of independently incorporated experts from all across […]
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April 2021: US hub for a mid-sized ($1-10B US) Japanese pharmaceutical company had 3 open positions in Strategic Asset and Program Management (SAPM) in the midst of a hiring freeze, detailed description below. “Bob”, Sr. Director of SAPM and “Chris” HR Director of Flexible Workforce, launched a search involving 7 suppliers. There was an initial […]
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Head, Nonclinical Regulatory Writing Group, global top 20 pharmaceutical company, Sept 2022: “We have a weekly resource shortfall of 20 hours per week of senior level nonclinical expertise [must have: PhD toxicologist, 20+ years direct drug sponsor experience], 10 hours a week of eCTD Module 4 document formatting, and 10 hours a week nonclinical systems […]
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The tech enabled gig economy is causing the corporate world to probe at what British Economist Ronald Coase famously called the “Boundary of the Firm.” And it feels like a sore tooth. Corporations are hierarchies, and a hierarchy is all about belonging to a structure (tribe) that everyone- ideally- understands where they stand in the […]
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Strategic LifeSciHub Talent Pool Best Practices Despite the term “Talent Pool” becoming common, it is a new and revolutionary concept that has yet to be widely adopted to its fullest potential in life sciences. A thoughtful, strategic implementation of a Talent Pool can solve myriad expertise gaps, increase quality, efficiency, save budget, and enhance the […]
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Today on the Center for the Transformation of Work thought leadership call we heard from Gabriel Luna-Ostaseski 🧠creator of Braintrust, a marketplace for creatives. Although LifeSciHub and Braintrust have followed different pathways, we’ve both arrived at the same conclusions: -That “Take Rates” (mark ups) should decrease -That operating as a #dao unlocks value that would […]
READ MORELifeSciHub is grateful to have been instrumental in DIA ‘s recent decision to create a new conference attendance pricing category- Independent Contractor Rates- a 25% discount off industry registration rates Please, use this to spread the word and put pressure on any and every conference you would like to attend. This is just a little […]
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LifeSciHub’s believes in radical transparency, and as such, the entirety of LifeSciHub’s Profit & Loss is reported to members, both Expert Provider small businesses and Hiring Entities. We reviewed all 2021 inputs and outputs, all fees, expenses, and investments in: software development, office support, management and administrative staff payments, marketing, legal and insurance, everything. Also […]
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Not all Small Business Expert Providers care very much about money. Many of us have packages from many years in pharma, but are staying involved to contribute value. Some of us, when we have too much work, freely and happily provide references and introductions to clients and other independent experts in the name of Goodwill. […]
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This post will explain the recent birth of the “DAO” concept, and why adapting it to the LifeSciHub business model might be not only possible, but amazing- a new way for a group of human beings to collaborate together, create value, and distribute that value. Not up and out to the 1%- execs and investors- […]
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