RISE with SAP Accelerates Biotech Innovation
SAP News, Wednesday, August 16,2023
Biotech research and development (R&D) is one of the hottest high-growth industries, stoking an innovation renaissance in products after the pandemic that reinforced imperatives for healthcare breakthroughs like lifesaving vaccines and personalized medicine. True innovators are digitally transforming to increase speed to market and address regulatory compliance in this R&D-driven sector.
One example is STEMCELL Technologies, Canada's leading life sciences research company that sees itself as a company of scientists helping scientists. Based in Vancouver, STEMCELL has a 30-year history of growth in developing and manufacturing products and services that help other industrial and academic scientists innovate in the areas of stem cell, immunology, cancer, regenerative medicine, and cellular therapy research. STEMCELL has staff in 20 countries and sells a constantly expanding portfolio of over 2,500 products, including cell culture media, cell separation technologies, instruments, and accessories, as well as education and services. Reducing the time to market for new products is crucial to the company's mission of pursuing life sciences discoveries leading to the next generation of healthcare treatments.