Life Sciences

Inceptor Bio selects Merit for Life Science with Microsoft Dynamics 365

by | Mar 23, 2022 | , , ,

Next-generation cell therapy developer digitally enables its operations in a cloud-first ERP solution designed specifically for Life Science. “We chose Merit because of the value their software and services will provide. Their biotech-specific software and their multi-phased implementation approach to helping new and growing organizations like us are game-changers.” Jason Lawrence, Senior Director, Finance at Inceptor Bio WHEATON, IL. MARCH 23, 2022 Merit Solutions today announced that Inceptor Bio, a company developing next-generation cell therapies for difficult-to-treat cancers, has selected Merit for Life Science with Microsoft Dynamics 365 to enable its operations digitally. This solution is deployed leveraging the security and scalability of the Microsoft Cloud to protect the...

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Five Top Reasons Digital Infrastructure Drives Biopharma Company Value

by | Nov 16, 2021 | , ,

Merit customers continually tell us that digital infrastructure is one of their major determinants of company value when they raise capital or get acquired. One Merit customer, a late clinical-stage biotech with an injectable aesthetics therapy, intimated that having Merit and Microsoft's digital infrastructure in place increased their acquisition price by $500M.  In contrast, last month, another late-stage, biotech that did not invest in necessary digital infrastructure lost $635M in enterprise value, dropping 39% in their stock price in one day. This drop came from FDA audit observations indicating a lack of control and data completeness, which caused their product not to get approved for commercial offering. (Incidentally, this was not a Merit Solutions customer.) How do you...

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Change Management and Merit Solutions: Perspectives and Practices

by | Aug 30, 2021 | , ,

You’ve been called to a meeting to kick off an ERP implementation. Executives are present, along with divisional leaders and a handful of the company’s brightest employees. The discussion kicks off with an executive who states: “Over the next 6 to 12 to 18 months, we’re going to change our current software. We’ll automate paper processes, build in protection to ensure passing FDA audits, and much more. All it will take is...” At this moment, you're not thinking about the SOPs or the warehouse handhelds. Like any great leader, you’re thinking about the impact on your people. How do you ensure that your team not only survives but thrives through the implementation of an ERP solution? Success hinges on change management as part of a well-managed project. Effective Change Management Change...

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The Microsoft Cloud for Biotech and Pharma Manufacturers Just Got Better

by | Jul 16, 2021 | , , , , ,

Merit for Life Science just became more powerful because Microsoft today announced a new level of integration coming between Dynamics 365 (D365) and Teams. This includes Teams integration with Dynamics 365 sales, marketing, customer service, and field service workloads with operations to follow. Microsoft is essentially saying, “Use Teams as your front-end app for work, with everything else operating as a context-intelligent side pane within Teams.”  Merit for Life Science advances Microsoft's base business and productivity apps to fit the unique needs of pharma and biotech, so this announcement is especially powerful for our industry and our customers.  Multi-step Processes Get Mainstreamed Why?  In biotech, our customer acquisition process tends to be multi-step,...

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For Incident Management, Pick Your Course and Complete It

by | Jun 8, 2021 | ,

Distance runners know that the first objective of a race is to complete it, and the second is to respect the integrity of the course. Then they work backward from those two objectives to prepare for pace, considering variables such as weather, managing for resiliency in training and the race, and heeding other factors. If you think about an incident that you must manage in a life science company the same way, you’ll have a nice model for success with two exceptions. One, unlike the specific starting line for a race, the incident can start from a myriad of places inside or outside of your life science company. Two, the length of the race may be different depending on the nature and severity of the incident. The Unpredictable Incident Starting Line A patient may have a reaction to your...

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Low Code/No Code: In Life Sciences, Extend Carefully

by | May 25, 2021 | , , , ,

The old joke is that you can do anything with software if you have enough money. With an army of programmers, it was basically true. But now there is a new way to develop software quickly and with much lower investment: low code/no code programming, a.k.a. codeless app development. Essentially, modern digital platforms have created visual building blocks that can be assembled according to user experiences designed by “citizen developers,” a term coined to describe these non-traditional programmers. Imagine building applications or extending functionality without ever writing a line of code!    Microsoft Azure and Power Platform Tools Microsoft has a deep execution of this development approach in Azure with their Power Platform tools. Canvas apps are "no code," and model-driven...

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