BANNOCKBURN, IL — (PRWeb) November 15, 2010 — Advanced Clinical, a leading provider of clinical research services, launches growth breakthrough innovation as a new core offering for Life Sciences companies.
With more than $100 billion in drugs coming off patent over the next several years, many Life Sciences companies require revenue replacement to drive long-term growth. In effect, the industry is focusing on achieving revenue growth through one of four means: new solutions, new business models, new clients and/or new value propositions. Advanced Clinical’s new growth offering leverages all four opportunities.
Most companies are adept at ensuring strong Horizon 1 growth, which focuses on items such as pricing, sales excellence and marketing tactics. Horizon 2 growth is driven through sales in the current and adjacent markets. Advanced Clinical’s new offering focuses on Horizon 3 growth. Horizon 3 growth creates significant, ”net new” growth – new clients and new business models with new solutions that have a differentiated value proposition.
Advanced Clinical Executive Vice President Rosemarie Truman has led Horizon 1-2 and 3 growth strategies across multiple industry segments with strong results. Ms. Truman said, “The industry is undergoing a massive shift in what’s needed to stay competitive. We are excited to launch this offering to help clients identify growth options that create sustainable, step-change results in revenue, profit and shareholder value.”
The growth breakthrough innovation offering builds on Advanced Clinical’s current offerings of consulting services, strategic sourcing (CRO), talent management, and technology solutions.
About Advanced Clinical:
Advanced Clinical provides consulting services, strategic sourcing (CRO), talent management, and technology solutions to the Life Sciences industry. With 15+ years of experience, Advanced Clinical is an established presence in the clinical research field, providing services specifically for Pharmaceutical, Biopharmaceutical, Biotechnology and Medical Device organizations. Advanced utilizes a value-based, “One Team” approach. To learn more, visit http://www.advancedclinical.com.
1200 Lakeside Drive
Bannockburn, IL 60015