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:
- 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.