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Valley Forge Suites, Wayne, Pennsylvania (directions)
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Postponed
Business Performance Labs
Software provider to the pharmaceutical & biotech industry
About
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Business Performance Labs (BPL) is a software provider to the pharmaceutical and biotech industry. BPL's "Event Simulation Modeling" (ESM) solution targets the current inefficiency in managing Phases II, III, and IV clinical studies by providing evidence based results, huge time-saving ROI, and unparalleled capability for predicting clinical trial outcomes.
The analytical, statistical, and simulation capability underpinning ESM is used to great effect at DOD and NASA and far exceeds anything available from other products such as Business Intelligence tools (e.g. Cognos, BusinessObjects), Clinical Trial Managements Systems or CTMS (e.g. Oracle/Siebel), and Electronic Data Capture or EDC software (e.g. Phase Forward, Medidata).
3 Major Issues
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- As a startup company, BPL is looking for investors to help fund the continued development of our products. It would be preferable to work with investors who are knowledgeable with the Pharma/Biotech market – specifically on the R&D side and appreciate the challenges that the market is facing in getting drugs through clinical trials and FDA approval. We are looking for angel investors ($25K+) while farming out our business plan to a number of VC's with a target to raise $4M for development and operations. The question is: are there angel networks that know this space and understand technology?
- As we market our first application, we are targeting the clinical operations teams within Pharma/Biotech. The challenge is getting to the right people and getting them to hear our pitch. (Everyone we've been in front of likes what they see!) What's the best way to get into accounts where we have no contacts?
- Part of BPL's value proposition is turning clinical trial data (raw or baked) into performance based information that can be processed through our analytical applications. What public or commercial data providers are viewed as the best today by Pharma/Biotech who we can partner with and acquire this information from in order to merge it into our datamart?
Program:
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6:30 - Cocktails & Dinner (Cash bar and special 2-entree buffet menu)
8:00 - Ed Fritsch, President of BPL, will deliver the Company's "Elevator" Pitch to the Group
8:15 - A Panel will address 3 Major Issues for the Company
9:00 - Open discussion: members and guests
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