Life Science Connect Acquires BrevisRefero, Expanding Biopharma Outsourcing Capabilities with RFP>Navigator®
Life Science Connect Acquires BrevisRefero, Expanding Biopharma Outsourcing Capabilities with RFP>Navigator®
RFP>Navigator® helps biopharma Innovators move from RFP to qualified shortlist in weeks rather than months, saving both time and capital while providing assurance in decision-making.
PITTSBURGH--(BUSINESS WIRE)--Life Science Connect (LSC) today announced the acquisition of BrevisRefero Corporation, a Toronto-based biopharma consulting company and developer of RFP>Navigator®, a digital platform designed to make CDMO sourcing and RFP management faster, more structured, and easier to evaluate.
Founded in 2017 by Terry Cochrane, BrevisRefero supports biopharma companies from early development through GMP manufacturing and clinical trials. After experiencing firsthand how time-consuming and complex it can be to identify capable CDMOs, publish an RFP, evaluate disparate proposals, and select the right outsourcing partner, Cochrane developed RFP>Navigator® to create a structured environment for more efficient outsourcing.
RFP>Navigator® gives biopharma Innovators a structured environment to manage RFPs and NDAs, engage prospective Providers, track proposals, and compare responses across pricing, capabilities, quality, regulatory experience, and other selection criteria. The platform is designed to reduce the time required to move from a long list of potential partners to a qualified shortlist from approximately six to eight months down to six to eight weeks. The platform also gives CDMOs the ability to evaluate potential projects quickly to focus their business development efforts specifically on Innovators they can help.
The acquisition extends LSC’s growing biopharma outsourcing capabilities. Through Outsourced Pharma, PharmaSource, CDMO Live, the CDMO Leadership Awards, and other specialized communities and programs, LSC already helps biopharma professionals identify potential partners, evaluate capabilities, and make more informed outsourcing decisions. RFP>Navigator® creates a natural next step by helping Innovators move from researching potential partners to managing the outsourcing selection process.
“Our audiences come to us every day because they’re trying to make better decisions about who they should work with and how to move their projects forward,” said Jon Howland, CEO of Life Science Connect. “RFP>Navigator® gives us an opportunity to help innovators save precious time and money they currently spend in a lengthy, burdensome process. Terry has taken years of outsourcing experience and turned it into a practical way for Innovators to run a more structured, efficient sourcing process. That will provide real help to the audiences and markets we already serve.”
BrevisRefero’s consulting business will continue alongside RFP>Navigator®, preserving the technical and outsourcing expertise that helped shape the platform. LSC initially plans to focus on expanding awareness and adoption of RFP>Navigator® within the CDMO outsourcing market, including opportunities to connect the platform with its existing outsourcing communities and CDMO Live events.
“RFP>Navigator® came out of experiencing the same sourcing challenges over and over again,” said Terry Cochrane, founder of BrevisRefero. “Innovators were spending months managing RFP development, NDAs, gathering proposals, trying to compare very different responses, and working their long-list toward a qualified shortlist. We knew there had to be a better way. Joining Life Science Connect gives us the opportunity to bring that process to a much larger community of Innovators while continuing to support them with the technical experience and expertise that is the foundation of the platform.”
LSC plans to introduce RFP>Navigator® more broadly across its biopharma outsourcing audiences while continuing to work with Cochrane and the BrevisRefero team on the platform’s development and growth.
Terms of the transaction were not disclosed.
About BrevisRefero
Founded in 2017 and based in Toronto, Canada, BrevisRefero provides technical consulting services to biopharma companies across development, manufacturing, and clinical-stage programs. The company also developed RFP>Navigator®, a digital platform created to simplify and accelerate the process of identifying, evaluating, and selecting outsourcing partners. Learn more at brevisrefero.com.
About RFP Navigator
RFP>Navigator® is a digital RFP management platform designed for complex biopharma outsourcing. The platform provides a structured environment for managing RFPs, NDAs, Provider participation, proposal comparison, and shortlisting, helping Innovators make outsourcing decisions with clearer, more comparable information. Learn more at rfpnavigator.com.
About Life Science Connect
For more than 40 years, Life Science Connect has helped life science professionals find the insights, partners, and solutions they need to advance research, development, manufacturing, and the use of life science innovations. Through specialized digital communities, original content, events, and audience engagement programs, LSC connects the right people to the right information at the right time to help move innovation forward. Learn more at lifescienceconnect.com.
Contacts
Jeremy Milner
Gregory
jmilner@gregoryagency.com
(401) 862-9422
