L.E.K. Consulting

Biopharmaceuticals & Life Sciences

At L.E.K., we tailor our service offerings – Strategy, Mergers & Acquisitions (M&A), Shareholder Value Management, Operations & Organization, and Marketing & Sales – to meet our clients’ unique requirements. We deliver insights that are specific to each client’s circumstances – this approach provides our life sciences clients with greater clarity and confidence, and consistently accelerates the pace and precision of strategic decision making.

A representative summary of L.E.K.’s services for life sciences clients includes:
 

Service Sample Service Components
Corporate and Business Unit Strategy
  • Industry trends and evolution
  • Growth opportunities analysis
  • Strategic planning
  • Therapeutic area & life sciences sector diversification
  • International expansion & market access strategies
  • Portfolio planning:
    • R&D
    • Marketing
  • Innovation strategy
  • Virtual organization and outsourcing strategies
  • Governance and process design
  • Shareholder value creation
Product and Franchise Strategy
  • Market sizing and segmentation
  • Product evaluation:
    • Attribute testing
    • Target product profile development
    • Market share assessment 
    • Performance thresholds
    • Revenue forecasting
    • Financial modeling
  • Competitive positioning
  • Pricing and reimbursement
  • Manufacturing planning
  • Launch planning
  • Commercialization options
  • Sales force optimization
  • Life cycle management
  • Global expansion – mature and emerging markets
Operational Excellence
  • Performance improvement:
    • Relative cost position
    • Business processes
    • Turnarounds
    • Organization and design
    • Operational effectiveness
    • Measurement & incentives
  • Cost reduction:
    • Overhead / SG&A
    • Inventory optimization
    • Sourcing and procurement
  • Supply chain management:
    • Role of technology
    • Planning and execution
    • Alignment with channels
    • Globalization
    • Distribution / cold-chain management
Business Development Support
  • Target screening and identification:
    • Companies
    • Products
    • Partners
  • Bidder screening and identification
  • Vendor due diligence
  • Commercial due diligence
  • Fairness opinion
  • Litigation support and expert testimony
  • Negotiation and term sheet support
  • Post-merger integration

Please contact us at lifesciences@lek.com for additional information.