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Make Or Buy: A Strategic Decision for Laboratory Automation Instruments

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"Make Or Buy: A Strategic Decision for Laboratory Automation Instruments"

This whitepaper from Tecan aims to guide commercial leaders in diagnostics companies in making informed choices between in-house development and outsourcing when it comes to laboratory automation instruments, analyzing considerations such as cost, expertise, time-to-market, and strategic alignment.

The diagnostics industry is experiencing rapid growth and transformation, and automation plays a pivotal role in enhancing laboratory efficiency, accuracy, and quality while also enabling easier scaling of diagnostic testing. In this changing landscape, it is imperative for diagnostics companies to carefully evaluate whether to develop laboratory automation instruments in house or to leverage external expertise by purchasing them. Strategic decision making requires careful consideration of all the benefits and trade-offs associated with the make or buy decision.

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