Stiris Research

Stiris Research is an organization focusing on managing clinical trials for biopharmaceutical and biotech companies. Prior to a drug getting FDA approved, the drug has to go through an extensive and regulated process of testing on clinical patients. Stiris Research captures value by coming in at this part of the industry supply chain and managing the clinical testings with hospitals. By leveraging their strategic partnerships, Stiris Research is able to differentiate itself from other similar sized corporations and run research globally. As bigger million-dollar corporations start going for biotech clients that Stiris Research is focused on, competition in this industry is getting stronger. In addition, due to COVID 19, hospitals have been running less clinical research, which means some trials now need to be conducted virtually. This brings a lot of new challenges and potential opportunities to the business, which is something I will be helping to solve. I will be assessing this new opportunity and repositioning Stiris Research so that they are able to differentiate themselves from other competitors and secure new clients while also maintaining the same level of trust with existing customers.

Faculty Supervisor:

Eric Morse

Student:

Partner:

Stiris Research

Discipline:

Business

Sector:

Professional, scientific and technical services

University:

The University of Western Ontario

Program: