GLEN BURNIE, Md., Aug. 11, 2016 /PRNewswire/ -- CSSi LifeSciences™, a trusted partner from discovery to commercialization for drugs and medical devices, today announced a corporate strategic partnership with Innosphere, a Colorado nonprofit incubator. The partnership will drive innovation and support entrepreneurship in Colorado by delivering unique medical device and drug development solutions to emerging life science companies in Colorado. This alliance is a deliberative result of Innosphere growing its innovations program and seeking to dramatically enhance services for client companies.
"We are excited to form a new partnership with Innosphere and expand our footprint into the Colorado market," said Jim Sergi, President, CSSi LifeSciences™. "This next-level integration will allow Innosphere's client companies to utilize our comprehensive suite of services in order to develop their therapeutic drugs and devices with cost-efficient predictability, that drive value, extend market share, and maximize ROI. Together, we hope to help companies bridge the 'Valley of Death' and accelerate research breakthroughs, while accessing our global network of strategic partners."
The new collaboration will ensure a successful and expeditious pathway to commercialization for Colorado-based bioscience companies through cutting-edge, insight-driven analysis, strategies, and solutions that save time, development costs, and resources. CSSi LifeSciences™ will provide Innosphere with a full suite of services and deep subject matter expertise to help support the incubator's client company portfolio. CSSi LifeSciences™ will also participate in regulatory, clinical, and commercial assessment as well as the onboarding process of Innosphere's new prospective client companies. Additionally, CSSi LifeSciences™ will provide commercial development support, education and training programs to Innosphere's client companies.
"A critical ingredient for companies in the bioscience industry is clear guidance on regulatory, reimbursement, and engineering protocols," said Mike Freeman, Innosphere CEO. "Innosphere's partnership with CSSi LifeSciences™ provides that support system, and is an important element of Innosphere's plan for growing the innovations program."
Over the years, CSSi LifeSciences™ has provided vital business and strategic support to "Big" biopharma, as well as incubators, and enabled the development of over 500 drugs, biologics, and in-vitro diagnostics. CSSi LifeSciences™ has a defined process that lets its clients leverage its breadth of integrated services and growth strategies to develop strategic and regulatory plans to ensure commercial success and maximize shareholder value. The company's headquarters is located in Baltimore, MD, with additional offices in San Francisco, CA; London UK; and Hyderabad, IND.
Innosphere is Colorado's leading technology incubator. In 2015, Innosphere supported 42 client companies, and 18 companies graduated from the program. Additionally, its client companies raised
$87.9M total capital and created 296 full and part-time jobs. Innosphere supports entrepreneurs building potential, high-growth companies in life sciences, health innovations, software and hardware, and energy and advanced materials.
CSSi LifeSciences™ and Innosphere will announce their newly developed partnership to attendees of Innosphere's 'Innovation After Hours' networking forum, scheduled for this evening, August 11th. For more information on CSSi LifeSciences™ and its diversified services, visit www.cssilifesciences.com. More information on Innosphere and its incubator services can be found at www.innosphere.org.
About CSSi LifeSciences™:
CSSi LifeSciences™ provides fully integrated, specialized regulatory and clinical services to support the entire product lifecycle, from discovery to commercialization, for pharmaceutical and medical device companies. With global expertise, CSSi LifeSciences™ has been a key partner in the development of more than 500 drugs, biologics, medical devices and in-vitro diagnostics. For more information, visit www.cssilifesciences.com or email us at [email protected].
Innosphere is a technology incubator that accelerates the success of high-impact science and technology startups. Innosphere has two physical locations in Fort Collins and Denver, Colorado to support entrepreneurs building potential, high-growth companies in health innovations, life sciences, software & hardware, and energy & advanced materials. Innosphere's incubation program focuses on ensuring companies are investor ready, connecting them with experienced advisors, and making introductions to corporate partners. Once accepted into the program, companies receive customized development plans and ongoing support to ensure they're getting the know-how to raise the right kind of capital, and all the resources to scale. www.innosphere.com.
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SOURCE CSSi LifeSciences