Can’t afford an in-house lab? Don’t want to deal with instrument upkeep and finding and retaining scientific talent? We understand that building and maintaining an in-house lab isn’t for everyone, but for those who need the benefits of an in-house lab without the headache, an FTE (Full Time Equivalent) partnership can be ideal.
Choose the FTE Model that Best Fits Your Needs
An FTE partnership can offer best of both worlds – access to everything that a fully-equipped analytical lab has to offer including industry-leading scientific and regulatory experts. While an FTE contract can be structured to allocate one or many FTEs, the full time equivalent can be structured in one of two ways:
- A single dedicated scientist working 40 hours per week
- A blended resource of multiple experts whose total time equals 40 hours per week
An FTE partnership can be designed to have multiple dedicated scientists working together to achieve a number of objectives in parallel, or focused on one single task or project. FTE models are ideal for product development and innovation initiatives, and are also an excellent choice to support ongoing R&D efforts across a range of projects.
Benefit from a Blended Resource
While a single resource may be just the right fit for some, others find they benefit from the blended model that provides them with access to the experience and expertise of a team of scientists, maximizing the return on their investment.
An FTE partnership offers unparalleled flexibility, and the resources dedicated to your project will act as an extension of your internal team.
Are you interested in exploring an FTE partnership? Let’s talk.
Are you considering an FTE partnership for product development and/or innovation? Our blog, Choosing the Right Partner to Develop a Product, offers some guidance and tips on what to consider during the evaluation process.
Our featured blogger is Katie Morgan, Avomeen’s Senior Director of Marketing and Business Development. She has over a decade of experience establishing and implementing client development strategies, and her broad range of experience includes strategic contract development and marketing and content development.
Learn more about Katie’s expertise and experience.