OnDeckBiotech is an online platform that connects biotechs companies with contract service providers (e.g. CROs, CMOs, consultants). We combine a curated directory of relevant organizations (e.g. Zagat) with a platform for secure communication to accelerate sourcing and early diligence (e.g. LinkedIn integration to efficiently match with existing professional network).
Quality vendors are difficult to identify given the highly specialized and unique nature of services required. Vendors struggle to raise awareness for their services (and the quality of their services) because the market for early stage biopharma is extraordinarily fragmented and confidentiality conscious. Today's process costs precious time and capital in a competitive funding environment.
Small to mid-size biotechs and their contract service providers (CROs, CMOs, consultants, etc.)
>$50b annually with sustainable 15-20% CAGR
Seamlessly links an online platform to the reality of today's operations and networks. Cost structure is extremely friendly to biotech community.