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Contracts Consulting
Centient’s Contracts Consulting services enable our clients to secure optimum terms in their agreements for funding, alliances/colloaboration, procurement and M&A transactions. Centient can assist with vendor/partner selection, negotiation strategy and leading the negotiations. We have negotiated agreements from $10 million to $750 million, saving substantial legal fees for our clients, and, more importantly, securing significantly more favorable terms and pricing.
Contract Services
Centient’s principals have negotiated over $2 billion in total contract value on behalf of major life science and F500 companies. We have worked with and across from the world's leading companies and law firms, and can plan or guide the process, or we can lead the entire process from strategy development and partner/supplier selection through contract negotiations and document execution.
- Strategy Development — Centient works collaboratively with the stakeholders in a major agreement – executives, research, manufacturing, legal, finance, etc. – to ensure that our client's financial and operational interests will be represented in the contract terms. A specific strategy is developed around the client's objectives that will ensure the client obtains optimum terms and pricing. A key component of the strategy is determining how to best leverage any competitive players.
- Partner/Supplier Selection — To achieve the best results, the partner selection process must be an integral part of the negotiation strategy. How the selection is performed can significantly affect the ability to negotiate an ideal contract. Centient can help plan the process or manage it from requirements definition through competitive proposals/term sheets to ensure the right partner is selected to meet the client's needs.
- Contract Negotiation — It all starts with the strategy, but the rubber meets the road when the parties meet around the table to negotiate the agreement. Centient is continually pushing the envelope to achieve the terms and pricing our clients seek. We often hear the other side say "we have never agreed to that" only to have it incorporated into the contract.
Bottom line, Centient brings its deep knowledge of the life science industry and its powerful negotiating skills to bear to ensure the final agreement supports our client's success.
Why Centient
No other company can bring the breadth of experience of Centient to your contract negotiations:
- We know your business. Centient’s unparalleld experience in negotiating complex contracts on behalf of major biotechnology and medical device companies give us the insight needed to ensure your contracts meet your business and financial objectives.
- We know our business. Centient’s proven methodology enables our clients to achieve their desired objectives more quickly and at lower cost than other approaches.
- We know their business. We have gone head-to-head with the world’s best attorneys and companies and have consistently achieved terms and pricing beyond our client’s expectations. We know the competition’s negotiation positions and tactics, not from a database, but from actual real-world experience.
If you want the expertise and experience necessary to secure an agreement than will contribute to the success of your company, Centient is ready to help.
Last Updated: Jan 1, 2007 at 3:44 PM
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