A Contract Business Development Organization is an organization that provides support to the pharmaceutical, biotechnology and medical device industries in the form of business development services outsourced on a contract basis. CBDO concept was used for the first time by Trifermed in 2009. No previous references have been found.

Over the last 30 years most of the life sciences R&D pipeline have been transferred from the pharmaceutical industry to start-ups and SME’s, frequently driven by seed and venture capital. The desire to enhance focus on core business processes together with staff and cost pressures generate a growing need to outsource services, understanding as the contracting out of a business process to another party.

Contract Development and Manufacturing Organizations (CDMO) as well as Contract Research Organizations (CRO) represent today a multi-billion sector of services that keeps growing at two-digit percentage per year. ACBDO provides business development services, including:

1. Design, test and validation of business models.

2. Partner profiling based on validated business models.

3. Partnering process from market research to final agreement.

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Email: strilla@trifermed.com

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