Life Sciences

What is Life Sciences

We define "Life Sciences" to encompass companies in the fields of biotechnology, pharmaceuticals, biomedical technologies, life systems technologies, nutraceuticals, cosmeceuticals, food processing, environmental, biomedical devices, and organizations and institutions that devote the majority of their efforts in the various stages of research, development, technology transfer and commercialization.

More generally we define 'Life Sciences' as all sciences that have to do with 'organisms', like plants, animals and human beings.

Life sciences organizations today are confronted with a scope of difficulties. From case and the activities of controllers representing a money related and reputational chance, to fruitful difficulties to licenses and different types of protected innovation conceivably subverting an association's center item and wellspring of income. Simultaneously, back up plans are progressively limiting item obligation protection spread forever sciences organizations.

Our comprehension of the uncommon dangers confronting life sciences organizations has helped make us one of the main dealers overhauling the segment, giving you access to an imaginative and extending scope of arrangements in pharmaceutical, medicate discount, nutraceutical, biotechnology, clinical gadget and gracefully, and contract look into.


We provide solutions and services such as:
  • Business risk consulting.
  • Supply chain management.
  • Clinical trials risk.
  • Business continuity/resilience/crisis management.
BASM has created centres of excellence to aggregate our knowledge and expertise of the industry, enabling us to keep you abreast of current trends impacting the industry and provide insights in areas of programme design, placement, service, and administration. By helping reduce your total cost of risk with tailored solutions – insurance brokerage, advisory, and risk management services – BASM can help you minimise the volatility and severity of risk, protect assets, and maintain profitability.