The platform continues to build on the Dutch Life Sciences database developed by InnoTact.

Opening up of data via the Internet

InnoTact makes the database available via the Internet. Parties involved have 24/7 online access to the data and insights and are informed about important developments. Users contribute to the further expansion by their own input and co-creations. This results in the gradual development of an interactive platform for the Dutch Life Sciences sector.

The running costs are covered by the anticipated revenue

Use and further built-up of the database requires professional management. The necessary revenue for this comes from paid subscriptions and from payments for services and company-specific reports. This covers the running costs. Also, our launching partners are very significant for investments.

A consortium will be established for the investments

For the required investments up to the moment that the database becomes useable, we are in advanced contact with public and public-private Life Science institutions in the Netherlands. A consortium of launching partners is being established during these months. These launching partners will invest in the database and will use their interests as input. Starting in mid 2012, the database's launching partners will see the reinforcement of their strategic position in the Life Science area.