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Solutions for Life Sciences

Malbek CLM for Life Sciences

The Life Sciences industry faces unique contracting challenges that require a purpose-built CLM solution.
 
Malbek understands these unique challenges and has developed a CLM platform specifically for the life sciences industry to address these specific needs. This ensures that our life sciences customers derive the maximum value from their CLM system.

 Life Sciences

Use Cases


Amendments

Amendments give you the flexibility to make frequent contract changes that are inevitably required in the Life Sciences industry. Malbek has the most robust Amendment capabilities in the industry.


Clinical Trial Agreements

Clinical Trial Agreements are notoriously complex and can be prone to risk. A strong Contract Lifecycle Management Solution is critical to handling these agreements effectively and efficiently.


Distribution & Supplier Agreements

Life Sciences companies rely on the strength of their suppliers and distribution channels. A purpose-built Life Sciences CLM needs to be a priority to ensure speed to market and ongoing term accuracy.


Mass Amendments

Frequent changes to your Distribution and Supplier Agreements can quickly become laborious without a strong, one-click Mass Amendment solution.

Minimize Risk & Ensure Compliance


CDAs

Most industries place NDAs in the easy bucket, not Life Sciences. CDAs are thorough and term-heavy to protect all parties and their contributions to partnerships. A CLM with robust negotiation functionality reduces friction and ensures compliance.

Life Sciences Customers

The Solution for your Unique Needs


Whether you are a Pharmaceutical, BioTechnology, or Medical Device company, we understand your unique contracting needs. Our Life Sciences CLM solutions give you the ability to handle ever-evolving regulatory updates, complex, multiparty agreements, and frequent financial term changes with ease. 

Benefits of contract lifecycle management

Malbek CLM for Life Sciences


Flexibility without sacrificing accuracy and compliance

Utilize the flexibility of amendments to modify contracts at volume, all with minimal manual effort, saving time and money while ensuring accuracy and compliance.


Accelerate contracting velocity 

Leverage templates, automation, AI power, and smarter contracting to unlock contracting bottlenecks, ensuring speed to market and competitive advantage.


Reduce manual effort and refocus legal hours 

Ditch costly manual contract management susceptible to error and refocus your legal hours on more revenue-generating and strategic projects.


Visibility and accuracy of current terms

No more manual executive summaries required to understand all of your current terms and obligations. 


A connected experience

Automatic data syncs can save hours of legal time weekly that has historically been required to update and maintain information across systems.