Thursday, August 13, 2009

goBalto, Matchmaking for CROs and Drug Developers


According to TheScientist.com, the number and depth of the connections between CROs and drug developers has grown so much, they now have their own match-making website. Last October, serial biotech entrepreneur Jae Chung (pictured at left) started what he expected to be a simple drug development directory. Now, just three months after its late April launch, goBalto boasts more than 7000 companies and consultants, including 2,200 CROs, all of which can be searched and rated by one another. With a couple of hundred companies and consultants adding themselves each week, "we're one of the fastest growing professional networking sites," Chung said. Finding partnerships, which used to take four to six weeks, can now take as little as two days, he claimed.

Have you had any experience with goBalto? Do you think that matchmaking and social networking have a place within the CROs universe? We'd like to hear your thoughts.

1 comments:

J.Chung said...

Hello!

Much thanks to Meilissa for posting the article. I wanted to clarify a few elements of the reprint. goBalto is aspiring to be much more than a simple match-matching site. Through our site, members are empowered to efficiently Find, Evaluate and Engage drug discovery & development partners from all over the world. We believe that by making it easier for folks to collaborate in drug development, we can get medicines to patients in need all that quicker.

We now have over 9,000 service providers, which include CROs, Contract Manufacturers, Preclinical research, consultants and more.

We are still in beta and will be rolling a number of significant enhancements, one of which includes a web-based project management solution. We also are optimizing based on direct member feedback and suggestions.

For those interested in listing their company or consultancy practice for Free, simply visit http://www.gobalto.com/companies/new.

Cheers!
Jae
Founder & CEO
goBalto, Inc.