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

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’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

Mapping Retirement & Executive Benefits with RetirementDNA for Biotech & Life Science Leaders

October 15th, 2019

RetirementDNA’s DNA(k) is a 401(k) plan thoughtfully designed for Biocom members. DNA(k) was built with the goal of simplified fiduciary oversight and support investment selection and monitoring, and comprehensive employee financial education and guidance

Have you seen this year’s Beyond Benefits renewal for Biocom members?

September 30th, 2019

We are proud to announce that the Beyond Benefits Trust continues to be the leading program to deliver life science employers the best employee benefits solutions.

Exclusive for Biocom Members: Request Free Product Samples of the RoyalTouch Exam Glove

September 18th, 2019

Contact your Fisher Scientific sales rep today to receive free samples of the RoyalTouch300 Nitrate Exam Gloves, provided by Hourglass International.

BioSurplus to Conduct Timed Online Liquidation Auction of Organovo in San Diego, CA

September 16th, 2019

Beginning Monday, September 23rd, BioSurplus will conduct a timed online auction of research assets from the labs of Organovo in San Diego, CA.

From Now Until 12/31 – Biocom Members Can Select Up to 5 Low-Cost Fisher Scientific Alternatives & Receive 2 Free

August 30th, 2019

List 5 chemical products that you don’t buy from Fisher Scientific and they’ll help you find lower-cost alternatives to stretch your lab supply budget across four top-tier brands.

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!