The life science product development and launch cycle has long made the industry a perfect fit for on-demand talent—with short-term phases of drug development and steps that can be projectized. Industry leaders have traditionally harnessed this powerful resource to address challenges that include complex payer dynamics, pricing pressures, medical breakthroughs, and increased M&A activity.
Today, as companies strive to engage and serve patients in new ways, keep pace with technological developments and regulatory changes, and navigate uncertainty and a fluctuating talent landscape, on-demand talent provides an agile source of skills—allowing life science leaders to keep pace and gain competitive advantage.
How On-Demand Talent Can Help Life Science Leaders with Critical Priorities
Independent consultants, executives, and project managers are ready and equipped to step in and help life science companies in these 8 key capacities:
Market Access, Value, and Reimbursement
Across the life sciences, market access organizations are facing great challenges and greater opportunities—from adjusting to changes in approval requirements and reimbursement processes to taking advantage of new funding sources. Highly skilled on-demand market access, value, and reimbursement talent deliver the expertise, project leadership, and execution support necessary to tackle priorities such as pricing and contracting, product launch and channel execution, integrated evidence planning, and health policy strategy.
R&D and Clinical Solutions
More than ever, life science companies are bringing innovative therapies to market and harnessing new technologies to improve clinical outcomes, but clinical research is expensive and complex. On-demand clinical solutions experts are ready to jump in on critical projects like adjusting approval and launch timelines, adopting new technologies, reassessing portfolios, supporting the development of regulatory planning and submissions processes, and implementing systematic use of RWE/D generation, storage, and analysis.
Succeeding in today’s fast-changing commercial environment requires agility and rapid response to new market conditions. On-demand commercial excellence consultants can help formulate strategies that foster long-term growth while protecting immediate revenues and profit. From product launch to patient centricity and brand strategy to lifecycle planning, independent commercial excellence consultants can step in nimbly to drive measurable results.
Digital Health and Innovation
As digital health capabilities evolve, they have the potential to dramatically improve patient outcomes, manage chronic diseases, increase accessibility, and slow rising healthcare costs for both patients and providers. Additionally, by putting outcomes front and center, digital tools support the ongoing shift to value-based care. On-demand digital health and innovation consultants can help identify the most promising opportunities and bring them to life across life science organizations.
Strategy and M&A
On-demand life science strategy consultants bring both experience and speed to today’s changing landscape, supporting initiatives like introducing new products to market, re-optimizing portfolios, or assessing new opportunities and acquisition targets. On-demand talent is a low-risk and affordable source of actionable insights about products, markets, and performance.
Supply Chain, Manufacturing, and Quality
Across the life sciences, companies are striving to create agile and resilient operations—addressing challenges such as supply chain planning and disruptions, manufacturing risk and resilience, cost pressures, sustainability, and talent shortages. On-demand life science operations consultants offer fast and efficient expertise for finding smart solutions to complex challenges.
Organization and Transformation
Today, agility and speed replace yesterday’s rigid hierarchies, cultural silos, and bureaucratic processes. On-demand life science organization consultants provide fast, flexible help on pressing organizational challenges such as implementing large-scale digital transformations, addressing risk mitigation, enhancing transparency, and developing workforce and talent strategies. Create an effective, accountable, and highly communicative culture with the help of independent talent.
Interim Leaders, Thinkers, and Doers
On-demand interim leaders, thinkers, and doers play a crucial role in providing the necessary expertise, flexibility, and efficiency required to navigate complex projects and ensure successful outcomes across the industry.
Filling gaps and seizing opportunities with interim leaders
Companies are increasingly leveraging interim leadership up and down the org chart to address urgent needs, pilot new initiatives, and maintain continuity and momentum. Seasoned industry executives bring a wealth of knowledge to a wide range of core business roles as well as critical knowledge specific to industry functions like R&D, medical, and data science.
Bolstering teams with specialized skills and expertise
Utilizing a flexible talent model, life science leaders can quickly scale teams as needed to bring in niche knowledge, add a complementary skillset, provide additional capacity for a project—or all of the above. Whether in pharma, biotech, digital health, or medical devices, access to professionals with in-depth knowledge and experience can be a game-changer. By harnessing the skills of these experts, companies can overcome technical challenges, unlock new opportunities, and remain competitive in an ever-changing market.
Driving workstreams and managing complex projects
Fluctuating project needs and timelines are inherent to the life sciences. Highly skilled on-demand project managers understand the unique demands of the industry, such as regulatory compliance, data integrity, and risk management. Their expertise in planning, execution, and communication enhances collaboration among cross-functional teams, allowing for smoother project development and faster time-to-market for innovative products and advancements.
Most In-Demand On-Demand Life Science Skills Right Now
BTG’s 2023 Skills Index reveals how leading companies are seeking innovative strategies and solutions to address both the challenges of the present and seize growth opportunities for the future. Increasingly, they’re relying on independent, on-demand talent marketplaces that have become a key piece of human capital infrastructure—offering safe, flexible, and cost-effective access to the specialized skills and expertise needed to thrive in the complex business environment.
Top 5 Life Science Skills for 2023
Market Access and Value