Assay Depot Launches World's First Outsourcing Marketplace for Drug Discovery Services
SAN DIEGO--(BUSINESS WIRE)--Assay Depot has launched the world's first full service outsourcing marketplace for pharmaceutical research services, located online at http://www.assaydepot.com. Industry and academic drug researchers can now order the drug discovery services they need as easily as they can order a book at Amazon.com.
"The launch of this outsourcing marketplace marks a turning point in how drug research is done," stated Kevin Lustig, PhD, Chief Executive Officer and President, Assay Depot. "The era of the fully integrated pharmaceutical company is nearly over. The most successful drug discovery organizations of the future will be those that maintain core expertise in select areas while outsourcing most other research activities."
Assay Depot plans to offer all of the services needed to run a drug discovery program from inception to clinical trial. The more than seventy service providers that have joined the marketplace to date already offer researchers a broad selection of services. Through assaydepot.com, scientists can synthesize drug-like compounds, clone DNA, create miniaturized protein arrays or carry out hundreds of the most critical biological, chemical and pharmacological assays done in a typical 5 to 7 year drug discovery campaign. New providers and services are being added to the marketplace every week.
"We chose to launch the website on September 15 because it was on this date in 1835 that Charles Darwin first arrived at the Galรกpagos Islands to begin research that would ultimately help usher in a new era in science," commented Christopher Petersen, Chief Information Officer, Assay Depot. "It is our hope that the launch of this comprehensive research outsourcing marketplace will similarly help usher in a new era in medical discovery."
Assay Depot is a full-service marketplace that makes outsourcing easy for the research customer. At assaydepot.com, researchers can compare detailed service descriptions, view customer reviews, request quotes, place orders, track service progress and retrieve their data reports from a single secure location. Assay Depot has executed contracts with marketplace providers covering confidentiality, pricing and service performance, so research customers can simply place an order for a service when they need it, without having to negotiate prices and wait for time-consuming legal review. ( Is this a way to by pass laws in any given country? ).
"In addition to making it easy for researchers to outsource services, Assay Depot has also streamlined the entire outsourcing experience for the service provider," stated Andrew Martin, PhD, Chief Operating Officer, Assay Depot. "We carry out most of the back office functions (ordering, bill collections, legal contracts, website hosting and marketing) that are required to run a service business, allowing service providers to focus on expanding and improving their research offerings. With Assay Depot's no-fee, revenue-sharing business model, service providers can increase revenue and gain market share with minimal investment in additional infrastructure."
"We are delighted to offer chemistry, pharmacology and toxicology services through Assay Depot's online marketplace. It's a unique and cost-effective way to promote our services to research customers," commented Nikolay Savchuk, Chief Executive Officer and President, ChemDiv, Inc. "Assay Depot magnifies our visibility and helps us reach research scientists working anywhere in the world."
About Assay Depot
Assay Depot is an online marketplace for pharmaceutical research services. By acting as a single point of contact between researchers and service providers, the marketplace dramatically improves the efficiency of outsourcing. At Assay Depot, we make outsourcing easyTM.
