|Data Driven Insight|
How can an organization increase efficiency and output through optimizing lab operations? West Monroe works with life sciences labs to drive toward improved process and test method standardization, cloud base systems, workforce efficiency and single enterprise platforms. We bring the following capabilities to our clients:
West Monroe executes laboratory projects with three key guiding principles: efficiency, compliance and innovation enablement. No matter what challenges your lab organization faces, our lab optimization team can find the right solution for you.
Life sciences M&A transactions face unique challenges. A complex regulatory environment, rapid and pervasive emergence of new disruptive technologies, shifts in patient demographics, changing business models, and limited acquisition targets all contribute to an increasingly competitive market where speed of execution, superior industry expertise, and post-close competence is essential. To be successful, life sciences organizations must have deeply skilled talent in both the industry and its sub-segments, a firm grasp of the strategic trends, the ability to deftly manage the M&A transaction lifecycle, and leverage novel alliances to differentiate and create value.
West Monroe has the capabilities to manage M&A transactions across the entire lifecycle from strategy definition to post-close diligence. Our specialized skillset in life sciences strategy development, operations improvement, program and project management excellence, lab operations optimization, technology development, patient experience and connected health, and regulatory compliance enablement gives our clients a leading edge in the hyper competitive life sciences M&A market.
West Monroe has serviced on 100+ Life Science transactions across all offerings in Pharma R&D, Biotechnology, Medical Device, CRO, Lab Diagnostics, Consumer Health and Software industry clients. We create value by offering a tailored approach to drive synergy benefits (cost and growth), reduce risks, optimize the business, expedite TSA exit and achieve strategic goals.
Pharmaceutical and medical device organizations are experiencing unprecedented pressure FDA competitors, providers, PBMs, payers, regulatory bodies, and even patients to deliver the next generation of life-saving drugs and devices for an affordable price. To achieve this, life science organizations often rely on innovative solutions to achieve operational or cost efficiencies, revenue generation and growth and improved product quality.
West Monroe lends deep life science industry and functional expertise to augment our client’s teams and meet the demands of changing business conditions. Our capabilities span a range of services from subject matter experts through to complex and transformation program management.
Program Excellence: West Monroe provides a proven, structured approach to building and optimizing Project Management Offices (PMOs) to manage and achieve transformational change across six key areas of a PMO:
Program Value Creation: To help our clients achieve Program Value Creation goals that are unique to the pharmaceutical and medical device industries, West Monroe ensures our project teams include the right combination of life science industry and functional expertise to deliver:
Complex Program Management and Enterprise Transformation: At West Monroe we understand that transformation cannot be seen as a one-time event, but rather an on-going program that monitors strategic drivers, identifies innovative business, and operating model changes. West Monroe supports our life science clients to successfully drive organization-wide change and deliver innovation as a process that can be managed and turned into a catalyst of profits and growth.
At West Monroe we engage resources from across our many core competencies to assemble the right team that is focused on value creation and delivery of solutions that help our life science clients succeed.