BioHealth Innovation, Inc. (BHI) is committed to providing a wide array of business resources designed to support the growth and success of life sciences companies at every stage. Whether you’re just starting out or looking to scale, BHI and our network of partners offer the expertise, tools, and connections needed to navigate the complex landscape of the biohealth industry. Explore our comprehensive services below
Reimbursement Strategies
- Payment Strategies: Develop strategies to obtain payment in your target markets, ensuring your product’s financial success.
- Outcome Demonstration: Learn how to demonstrate your product’s ability to improve outcomes and lower costs, making a compelling case to payers.
- Coding Assistance: Identify existing codes or obtain new ones for reimbursement, facilitating smoother market access.
Financial Services
- Financial Record Management: Keep your financial records current and organized, making them ready for review by potential lenders or investors. We ensure that your finances are transparent and compliant.
- Grant and Reporting Compliance: Navigate the complexities of grant and government reporting requirements with our expert guidance, ensuring you remain in good standing with all relevant agencies.
- Tax Credit Maximization: Take full advantage of available R&D, job creation, and other tax credits to optimize your financial resources.
- Insurance Referrals: Access referrals to trusted professionals who can provide liability and business owners’ insurance tailored to your company’s needs
Human Resources
- HR Strategy Development: Develop a robust strategy for your Human Resources activities as you launch and grow your business, ensuring you attract and retain top talent.
- Job Promotion: Promote job opportunities at your firm through our networks, reaching a broad audience of qualified candidates.
- Salary Benchmarking: Access comparable salary information to ensure your compensation packages are competitive within the industry
Regulatory, Preclinical/Clinical Services
- Regulatory Strategy: Develop the best strategies to achieve regulatory approval and ensure ongoing compliance.
- Risk Assessment: Access pre- and post-market risk assessment and mitigation services to safeguard your product’s success.
- CRO Partnerships: Collaborate with Contract Research Organizations (CROs) that have deep experience in your product’s target market, ensuring successful trials and market entry.
Legal Services - Intellectual Property
- IP Protection: Protect the technology you’ve developed by ensuring it is appropriately safeguarded through patents, trademarks, or trade secrets.
- Licensing Guidance: Get help licensing your technology from or to another organization, making sure your IP strategy aligns with your business goals.
Grant Writing and SBIR Federal Funding Assistance
- Application Support: Increase your chances of securing SBIR awards or other grant/loan funding with our comprehensive application support services.
- Strategic Information Sharing: We help you craft compelling narratives around your research and commercialization plans, aligning with the expectations of funding agencies and maximizing your funding potential.
Incubation and Site Location
- Regional Site Location Assistance: Beyond our incubators, we introduce you to additional resources throughout the region to help you find the ideal space for your biohealth business, whether for R&D, manufacturing, or corporate headquarters.
Network and Connections
- Strategic Introductions: Meet potential collaborators, customers, investors, and board members through our curated networking events and connections with BHI partners.
Legal Services - Corporate
- Business Establishment: Get assistance with establishing your new business or U.S. headquarters, ensuring you choose the best legal structure for your firm.
- Governance and Contracts: Receive expert advice on governance, employment, leasing, business contracts, and other operational issues to safeguard your company’s interests.
Business Development and Sales
- Market Identification: Expand your reach by identifying new and lucrative markets for your products and services. We help you pinpoint opportunities that align with your company’s strengths and the needs of the market.
- Sales Strategy Development: Work with our experts to determine the most effective sales strategy tailored to your firm’s unique value proposition and market positioning.
- Value Communication: Ensure your sales process and messaging clearly articulate the relevant value of your offerings, resonating with potential clients and partners
Marketing and Promotion
- Message Development: Craft compelling messaging that highlights your company’s unique value proposition and resonates with your target audience.
- Brand Creation: Develop your brand identity, including design and collateral for your company, products, or services, with expert guidance.
- FDA Marketing Guidance: Receive tailored advice on marketing FDA-regulated products, ensuring compliance and maximizing market impact.
- Promotion and Networking: Promote your products, services, and research opportunities through BHI’s extensive networks and collaborative partnerships.
Market Research (through partners at TEDCO)
Data-Driven Insights: Utilize powerful tools provided by our partner, TEDCO, to refine your business plan with in-depth data on competition, patents, regulatory findings, and market opportunities. Databases available at the GIC include Frost & Sullivan, Global Data – Medical eTrack, and Global Data – Pharma eTrack.
Why Partner with BHI?
BHI is a trusted partner with a proven track record of accelerating success for companies, entrepreneurs, and investors in the BioHealth community. With deep industry expertise, a robust network of global and regional connections, and tailored support services, BHI transforms innovative ideas into commercially viable solutions. Whether it’s securing non-dilutive funding, navigating market entry, or accessing strategic partnerships, BHI’s collaborative approach delivers measurable results and fuels growth in the BioHealth Capital Region and beyond.
We are eager to build relationships with all innovators in the BioHealth community. Please contact us to learn more about the resources we can provide to your company.