Purchasing Group

STRATEGIC SOURCING SOLUTIONS

As a trusted advisor and industry partner, we aim to accelerate life science success by leveraging innovative, member-driven strategic sourcing solutions that significantly lower the total cost of doing business. Biocom members save on average 15-25x their membership dues through the Biocom Purchasing Group. In 2017, members collectively saved $150M and brought more ideas to market through a broad range of products, services and technologies offered by endorsed Purchasing Group suppliers.

SEE THE SAVINGS

PROPRIETARY RFP PROCESS

The Biocom Purchasing Group RFP is the method used to vet and exclusively endorse our suppliers. It is one of the most critical elements of our business model and relies heavily on the expertise and time commitments of key individuals from our member companies. We maintain a comprehensive quality assurance strategy that is continuously reviewed by internal audit teams, regulators and members. Our diverse portfolio of competitively bid contracts cover flexible and integrated product and service offerings across the lab, facilities, operations, human resources, finance, data, communications and travel industry segments.

MEMBER-VETTED PROCESS

Purchasing Group Savings Categories

Lab Suite

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HR/Finance Suite

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Facilities / Operations Suite

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Data / Communications Suite

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Travel Suite

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“”Biocom Purchasing Group’s ability to leverage the purchasing power of their large member base has unlocked a level of competitive pricing impressive even for an institute of my size, and is a GPO we can trust to negotiate with our best interests in mind.””

June Lombardi, Senior Director of Procurement, Scripps Research Institute

“”What I love about the Biocom Purchasing Group contracts are the unique terms and conditions negotiated. For us, the best pricing is only one side of the equation. We’re always looking for the best overall cost of doing business, and that means pairing effective cost management with best-in-class industry partners and exceptional service. Biocom always delivers and is standing by to ensure we are happy with the endorsed supplier.””

Wendy Hernandez, Director of Corporate Procurement , NuVasive

“”Participating in Biocom’s Purchasing Group committees has been extremely valuable, not just for my own professional development but also for securing aggressive pricing for my company and also allowing me to contribute towards the benefit of California’s life science community. It’s been an enlightening process to negotiate with the collective bargaining power and combined spending levels of the larger life science community. This leverage has resulted in a level of concessions that I haven’t encountered previously and has provided me with more knowledge to the advantage of my own negotiations. As a direct result of participating in these committees, my company has realized significant cost savings across a wide breadth of functions.””

Jeff Boldt, Associate Director, Lab Operations, Genomatica

“”Biocom is our voice to legislators and regulators of the life sciences industry. Biocom provides a source of expertise and experience on the issues that are unique to the life sciences industry.””

Michael Oliver, President and CEO, SpectraScience, Inc.

“”Biocom’s Open House was a great success, I would rank it 5 out of 5. My favorite part of the event was the networking. Biocom has best served me through the increasing variety of suppliers and vetting suppliers/providers on behalf of biotech companies.””

Glenda Didienne, General Operations Manager, Inovio Pharmaceuticals

EXPERIENCE THE SAVINGS

Take advantage of 30+ RFP-vetted life science-related contracts.

News

Top 10 Takeaways From Retirement DNA’s “Savvy Women, Smart Investments” Breakfast Workshop

May 8th, 2019

RetirementDNA and MFS address the unique challenges of female retirement benefit participants in today’s workforce.

Beyond Benefits Celebrates 300 Trust Employers!

May 7th, 2019

300 life science employers now represent 12,000 employees and their families.

BioSurplus to Conduct Timed Online Auction of Lab Assets from Merrimack Pharmaceuticals in Cambridge, MA

April 22nd, 2019

Beginning Monday, April 29th, BioSurplus will conduct a timed online auction of research assets from the labs of Merrimack Pharmaceuticals in Cambridge, MA.

Exclusive Promotion for Biocom Members on Thermo Scientific™ F1-ClipTip™ Manual Pipettes

April 18th, 2019

From now until September 30, 2019 – Biocom members receive exclusive 25-50% promotional pricing on Thermo Scientific F1-ClipTip Manual Pipettes.

Introducing: Cancer Guardian™, Hereditary Screening and Cancer Support Benefits for Biocom Members

February 2nd, 2019

Biocom is proud to welcome Cancer Guardian to the Biocom Purchasing Group portfolio of savings, making Biocom the first life science trade association to offer a cancer support program in the genomic revolution.

Your Partners in Purchasing

We are a world class purchasing group working for you. With over 20 years of experience, we have the deepest expertise, the longest-running vetting process and the most innovative team to help move your ideas to market faster. Our success is measured by our customers’ ability to compete globally and positively impact the human condition. Your Biocom membership avails you access to all contracts, consultative services, spend analyses and industry best practices. Power Up Your Savings with the Biocom Purchasing Group today!