Biotech research testing services
Provide outsourced preclinical and laboratory testing services to biotechnology companies.
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Sources: My First Million
Research-testing-as-a-service for biotech companies
My First Million — 3 killer businesses hiding in plain sight
Provide preclinical research testing for biotech companies so they do not have to maintain their own testing operations. The service can use mice, rats, dogs, and non-human primates, including monkeys bred specifically for testing.
Problem: Biotech companies need access to animal testing and research infrastructure but do not have to perform the work themselves when a specialized provider can do it for them.
For: Biotech companies developing medicines, vaccines, or other drugs that need animal testing before human trials.
Examples
- Charles River Labs provides research testing as a service for biotech companies, works with about 80% of biotech companies according to the discussion, and was described as generating $4 billion per year in revenue.
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