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Digital Transformation

Our comprehensive consulting services are targeted, collaborative, and customized to address the specific needs of life sciences clients across clinical, regulatory, pharmacovigilance, patient safety and other areas.  

Client Segments - Small, medium and large pharma, biotech, medical devices, Digital and SaaS companies, Private Equity and Venture Capital Firms 

Align your business and digital strategies, redesign operating models to meet business transformation goals, and ensure successful patient satisfaction, shareholder outcomes and sustainable growth...

Business Consulting Services

Strategy and Growth

Strategy and Growth

Consulting Services Summary

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Balanced Score Card 

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Focused Strategy & Sustained Growth

Life sciences industry is in the throes of innovation and transformation. Targeted therapeutic approaches for cancer and rare diseases and rapidly evolving genomics and molecular medicine approaches are translating into precision medicines and individualized therapeutic protocols. Gene therapy and gene editing are beginning to transform the industry at a fundamental level. Decentralized clinical trials (DCTs) leveraging AI / ML technologies and customer / patient-centric commercial models are aiding the transformation, facilitating a patient-centric approach and improved outcomes.

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Services
 
LS-SACS has been assisting clients through a targeted set of strategy and growth services, some of which are outlined below:  â€‹

  • Review and validate strategy and tangible metrics / outcomes at the company or functional level (e.g., clinical operations) and enable a holistic approach to ensure strategic initiatives are successful for biopharma clients (Increased revenue and EBITDA).  

  • Growth and competitive strategy, Go To Market plans, organization structure and operating model for SaaS product companies for global services providers (CRO, FSP, IT).

  • Identification, evaluation and due diligence of assets across services and AI / digital technologies for Private Equity / Venture Capital firms

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Business Transformation

Business Transformation 

Digital health, telemedicine, and Digital Clinical Trials (DCT) along with virtual / "work anywhere" environment are pushing life sciences companies to refine their operating models to meet the new challenges.  In order to stay competitive, companies are transforming their businesses and focusing on some of the following priorities:.  

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  • Global and regional expansion and market access to broader set of customers / patients.​​

  • Diversifying the development pipeline to include new therapeutic interventions such as gene therapy, cell therapy, DNA / RNA therapeutics, and monoclonal / conjugated monoclonal antibodies.​​

  • Leveraging digital technologies (from Artificial Intelligence to Machine Language to Mobility and Analytics) for transforming clinical, commercial, and other functions through “real-time” data visibility and decision-making.​​

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LS-SACS is assisting clients in their business transformation efforts through a series of customized service offerings that span process, people and technology.  These transformation initiatives are allowing organizations to compete more effectively, improve operations excellence and achieve transformation goals.  

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Services

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  • Leverage proven Business Transformation Framework to develop the "To-Be" Operating model (TOM) and "To-be" Operating Processes (TOP) spanning process, people (RACI), technology and a practical roadmap with initiatives that deliver KPIs aligned with the company's strategy (e.g., Digital Clinical Operations, Proactive patient safety model)

  • Automation, AI / ML technologies and other tools to ensure continuous improvement in operations efficiency, quality, proactive safety and compliance 

  • People & organizational change and communications to ensure that the transformation initiatives are successful.

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Business Transformation Framework

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Clinical Transformation Services

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Business Process Transformation

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Digital Transformation

Digital Transformation Leveraging Artificial Intelligence (AI)

Digital Transformation Framework

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Digital Clinical Maturity Assessment

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Holistic Digital Clinical Transformation 

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Life sciences industry is leveraging AI-driven digital technologies to drive innovation in many areas, including patient recruitment, trial design and optimization and regulatory compliance and automation.  

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​Newer digital, AI, mobile, and cloud technologies are becoming available along with the unprecedented collaboration between life sciences companies, governments, and regulators.  Companies are still struggling to design, implement, and realize the comprehensive digital transformation benefits, leveraging AI / ML technologies. Even though 90% of companies have started some type of digital transformation initiatives, only a third of the expected ROI/revenue benefits, on average, have been realized. In the successful cases, comprehensive planning and a holistic, integrated approach "Enterprise Digital with AI" across strategy, process, technology, data, people, and other areas created the transformational value.

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Services​

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LS-SACS has developed a customized and holistic approach for the design and implementation of a successful digital transformation program:  â€‹

  • Comprehensive 10-parameter Digital Maturity Assessment (DMA) is aligned with many of the Best Practices and allows life sciences organizations to analyze their "as-is" context and develop their "to-be" digital strategy, governance and metrics in tune with best practices that can allow for targeted initiatives and tangible outcomes. 

  • DMA is customizable to any of the functional needs (e.g., clinical, PV, regulatory). 

  • DMA also covers critical aspects such as digital strategy, risk and compliance, data / AI tools and technologies, AI governance and KPIs

Strategic Sourcing and Outsourcing

Outsourcing Portfolio Analysis (OPA)

Strategic Sourcing and Outsourcing

Transformation of R & D / clinical, pharmacovigilance / safety, regulatory, commercial and other functional areas has become a strategic imperative, as nearly 70% of R&D spend is on clinical trials. Since a significant portion of clinical trials are outsourced to external partners (e.g., CRO, FSP), it is imperative that life sciences companies have a dependable set of global and regional external partnerships that are flexible and scalable. These partnerships need to fit the diverse needs of small, medium, and large companies and a variety of “future-ready” operating models.

A comprehensive end-to-end sourcing and outsourcing approach that is strategic in all its elements can allow life sciences companies to leverage best practices and realize their clinical transformation objectives.

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Services
 

LS-SACS has developed a series of customized and targeted services across the sourcing and outsourcing lifecycle:   â€‹

  • Sourcing / Outsourceability Portfolio Analysis (OPA) to ensure sourcing strategy is aligned with the corporate and functional strategies of the company and provides a plan that is risk-mitigated.

  • "SnB for SMB" - Sourcing in a Box for Small and Medium pharmaceutical, biotechnology, and medical Devices Businesses - The approach can reduce the overall timeline and cost of outsourcing process by 20-50%, in addition to reducing the cost of operations by 30-50% for Emerging biotech companies.

  • Functional Service Provider (FSP) Outsourcing Advisory Services 

  • CRO - Full Service Advisory Services 

  • Design and implementation of a Service Management Group (SMG) that allows for rigorous management of the sourcing programs and KPIs / outcomes.

  • Transition and transformation management, organizational change management (OCM) and governance.

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Structured Governance 

Service Management Group (SMG)

Rapid "SnB for SMB" Process

Organizational Change and Communications

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Transformation of R & D / clinical, pharmacovigilance / safety, regulatory, commercial and other functional areas has become a strategic imperative for the life sciences industry.   There are numerous internal and external drivers of change and the nature and scale of change is becoming increasingly significant.

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Services​

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LS-SACS has customized best practice organizational change and communications (OCM) approaches and methodologies to meet the changing needs of our life sciences clients:   â€‹

  • An OCM strategy that is customized to meet the digital and other transformation initiatives across clinical, safety, procurement, regulatory, commercial and other functions.

  • An effective communications approach that is aligned with the change management plans and the specific needs of the client and their stakeholders / customers. 

  • A razor focused approach to ensure delivery of the transformation initiatives' expected outcomes.

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Organizational Change and Communications

Functional Domain Transformation Services  

Funcational Domain Services

"Future" Clinical Operations Model

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Digital Clinical Interfces

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Patient Value Continuum

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"Proactive" Patient Safety

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Regulatory Affairs

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Biostatistics...Global Model

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At LS-SACS, we believe that customizing best practices in traditional business consulting methods, processes and tools is critical to drive transformation of individual functions  of the life sciences industry.  

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We are aware of the various functional challenges and opportunities and have developed specialty focus on selected functional areas - Clinical operations, pharmacovigilance & patient safety, regulatory affairs, medical affairs, procurement & strategic sourcing and commercial operations.  â€‹

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Context:

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Clinical Operations - Several new approaches (e.g., Digital Clinical Trials - DCT) have created exciting opportunities to rapidly meet the unmet needs of patients.  There are several factors that challenge the industry’s efforts to conduct faster trials and getting approval of the products.  These include complex trial protocols, design and implementation of new operating models, increased (and evolving) global / regional regulations and number of trials, limited availability of patients and increased cost.  

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Pharmacovigilance / Safety:  As the pharmaceutical industry expands its portfolio of products (e.g., Cell Therapy, Gene Therapy) and global reach, they are also shifting their focus from being “reactive” and push towards a “proactive patient safety” culture, processes, and technologies.  They have to transform their global PV operations to become nimble and improve their ability to manage varying global case volumes effectively for improved compliance. 

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Regulatory Affairs:  As clinical trials expand globally to meet unmet needs and diverse patient populations, the role of regulatory affairs is increasingly key to both commercial success and growth.  E2E product lifecycle management leveraging regulatory intelligence to operations and analytics is critical to success.  Regulatory operations are striving to deliver “First time right” quality and “zero compliance errors”. 

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Clinical Data Sciences:  Clinical Data Management (CDM), Biostatistics and Statistical Programming are critical for ensuring that the most accurate data from clinical trials are processed and shared with decision makers in as close to real time as possible.  AI is making it much easier data scientists to perform their tasks from data cleaning to predictive modeling to adaptive trial design & Central Monitoring and is driving the changes across process, people / roles and technology.  This would require changes in the operating model and how data scientists will collaborate with other parts of clinical operations in the future.  

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Services​

 

LS-SACS has customized best practice services in validating, redesigning operating models, processes, staff roles / training, and leveraging digital technologies to meet the changing needs of of life sciences organizations:   â€‹

  • Redesign the future operating models (TOM) in clinical, safety, regulatory or other areas using a combination of internal capabilities and partners / alliances, digital / AI technologies and people skills.

  • An OCM strategy that is customized to meet the digital and other transformation initiatives across clinical, safety, procurement, regulatory, commercial and other functions.

  • An effective communications approach that is aligned with the change management plans and the specific needs of the client and their stakeholders / customers. 

  • A razor focused approach that leverages industry experts "on demand" to ensure delivery of the transformation initiatives' expected outcomes.

Why Choose LS-SACS.com

Unique combination of proven business consulting experience and deep functional domain expertise

  • Highly collaborative - "Client Delight"

  • Achieve "real" transformation - "Run Better" and "Run Different"

  • Progress from "Also Digital" to "Be Digital with AI"

  • Establish operating models for "at office", "virtual" or "hybrid" work

  • Open new markets AND translate "Mind Share" to "Market Share"

  • Build and launch new products or services

  • Achieve operational efficiency through continuous improvement

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