SIX CRITICAL CONSIDERATIONS FOR QUANTITATIVE MARKET MODELING IN THE LIFE SCIENCES


Consideration 6: When should you get help? 

Some tasks are just better handled using a specialized, objective, external expert in building models and sizing markets. There are a number of reasons to hire a modeling specialist:

  • Gain expertise and specialization that goes beyond your company

  • Tap into an unbiased, objective and referenceable perspective

  • Gain access to unique datasets and information resources

  • Save time & money, free up internal resources to run your business

  • Extend and challenge existing in-house models

  • Get instant access to advanced analytical techniques (databases, machine learning tools, statistical frameworks. etc.)

  • Market modeling is scary: internal stakeholders are in positions of power and often merciless with criticism even in the absence of valid perspective themselves.

If you would like to discuss your market modeling ideas and challenges with the Chrysalis team, send us a note at info@chrysalisbiomed.com.