Heidelberg, Germany and Durham, NC – The Life Science Consulting Network (LSCN) in Heidelberg and the Technology Commercialization Group (TCG) in Durham, North Carolina have created an international strategic partnership to help life science companies with transatlantic business development and corporate development projects.
“We’re delighted to be working with LSCN, a premier European life sciences consulting firm”, said Ken West, Managing Partner of TCG. “ They have the skills, local experience and ‘on-the-ground’ presence necessary to help our US-based clients develop and implement European market entry and growth strategies”.
The US and Europe are the two largest life science, medical device, biotech and pharmaceutical markets in the world, but they have vastly different regulatory, reimbursement, marketing and legal environments. Life science companies who have developed and marketed a product on one continent often find that developing business across the Atlantic is a challenge. This is especially true for emerging and mid-sized companies.
Dr. Alrik Koppenhöfer, Managing Director & Partner of LSCN, commented “Many European companies would love to participate in the US marketplace, but are cautious about the FDA, US lawyers and the resources necessary to effectively compete. TCG has guided many European companies in entering or expanding in the US, so they know what works well”.
In addition to providing services for transatlantic corporate development and growth, both LSCN and TCG provide specialized life science product development oversight as well as interim management for corporate expansion efforts.
About LSCN — LSCN is a network of more than 20 partners and consulting companies and is based in Heidelberg, Germany. LSCN works together with executives, senior managers, scientists, consultants, investors, and entrepreneurs in the pharma, biotech, medtech, agro industries and academia to address important strategic and operating issues and needs. More information about LSCN can be found at www.lscn.eu.
About TCG — TCG is an international consulting company formed in 1998, headquartered in the Research Triangle Park region of North Carolina, with an office in Heidelberg, Germany. TCG works closely with medical device, diagnostic, biotechnology, pharmaceutical and other life science companies to develop and implement successful commercial strategies for new products and markets. TCG consultants are all former senior executives of successful life science companies who have brought new products to market, have built organizations and have created significant commercial value. More information about TCG can be found at www.tcgmedtech.com.
Alrik Koppenhöfer at email@example.com
Ken West at firstname.lastname@example.org