Navigation Links
BioInformatics LLC New Product Launch – RateMyProduct, a Quick Turnaround Product Assessment Tool for Life Science Suppliers

ARLINGTON, VA (PRWEB) December 11, 2012

BioInformatics LLC, life science industry market research experts, announces the launch of RateMyProduct™. RateMyProduct is an automated product assessment tool providing life science suppliers with customer feedback about their product concept, product or service.

RateMyProduct enables life science marketing and product managers to create an online presentation about a lab product or service, have it reviewed by a chosen target market and get an online report within 5 days. The automatically generated online report provides feedback from prospective customers on the following predictors of market success:

Market Receptivity
Product Utility
Purchase Criteria
Pricing Appropriateness
Message Effectiveness
Overall RMP Score

“In addition to receiving a product evaluation, suppliers will receive comparisons of their results to industry averages,” says science analyst Nicole Camara, Ph.D. “Our proprietary scoring methodology is based on our experience with helping clients successfully launch and market hundreds of products over the years. Additionally, we’ve been working closely with product managers from multiple life science tools companies to maximize the value of RateMyProduct.”

Prospective customers who evaluate the products are drawn from The Science Advisory Board – an expert network of more than 71,000 scientists engaged in biological research, drug discovery and biopharmaceutical production.

“RateMyProduct has been designed to be flexible. Our methodology equally supports instrumentation and consumables, as well as new products and those already on the market,” says Bill Kelly, president of BioInformatics LLC. “Over the last few months, our clients have tested RateMyProduct by deploying it in their own product development cycles. Using this tool, they’ve been able to test different price points and to see how well they’re communicating their product’s value. Our clients have been overwhelmingly positive about the outcomes.”

RateMyProduct is being introduced at a price of $1,500 for a summary report that contains value scores on a single product or service. In this initial offering, RateMyProduct will be available for fielding in two geographic regions—Europe and the United States.

Click here to learn more about RateMyProduct, and how it can be used to improve your product’s likelihood of success.


BioInformatics LLC is the premier research and advisory firm serving the life science industry. By leveraging our expert network of more than 71,000 life scientists, we have supported more than 500 companies and provided insights that lead to better business decisions. Our assignments include assessing the size and attractiveness of markets, optimizing product configurations and pricing, validating corporate acquisitions, measuring customer loyalty, and evaluating brand strength and positioning.

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related biology technology :

1. Japan Bioinformatics Announces Study on Leading Mapping Tools for DNA Mutation Discovery
2. Global Bioinformatics Industry
3. Z Trim Holdings, Inc. adds non-GMO corn products to its product line
4. My Cleaning Products Marks Down Its Bed Bug Bully Price by 20%
5. Sandy Mold Extends Its Health Risks to Hired Cleaners; My Cleaning Products Says Complete Mold Treatment Gear and Molderizer are Needed to Stop Mold and Its Risks
6. Provia Labs Hires Vice President of International Business Development to Expand Global Distribution for its Stem Cell Banking Service and Biobanking Products
7. Lighthouse Worldwide Solutions Ramps Production of NanoCount 30+ Liquid Particle Counters for High Purity Water Applications
8. iLuv Earns International Acclaim for Excellence and Innovation in Product Design
9. Pearson Adds ChemAxons Suite of Chemistry Tools to MasteringChemistry Products
10. R&D Systems Publishes 100,000 Product Detail Web Pages
11. GLM Displays Adds Promotional Products to List of Services
Post Your Comments:
(Date:6/27/2016)... 27, 2016  Liquid Biotech USA ... of a Sponsored Research Agreement with The University ... (CTCs) from cancer patients.  The funding will be ... correlate with clinical outcomes in cancer patients undergoing ... then be employed to support the design of ...
(Date:6/24/2016)... SAN DIEGO , June 24, 2016 /PRNewswire/ ... that more sensitively detects cancers susceptible to PARP ... individual circulating tumor cells (CTCs). The new test ... of HRD-targeted therapeutics in multiple cancer types. ... therapies targeting DNA damage response pathways, including PARP, ...
(Date:6/23/2016)... ... June 23, 2016 , ... ... of its second eBook, “Clinical Trials Patient Recruitment and Retention Tips.” Partnering with ... in this eBook by providing practical tips, tools, and strategies for clinical researchers. ...
(Date:6/23/2016)... /PRNewswire/ - FACIT has announced the creation of ... company, Propellon Therapeutics Inc. ("Propellon" or "the Company"), ... portfolio of first-in-class WDR5 inhibitors for the treatment ... represent an exciting class of therapies, possessing the ... cancer patients. Substantial advances have been achieved with ...
Breaking Biology Technology:
(Date:6/1/2016)... NEW YORK , June 1, 2016 ... Biometric Technology in Election Administration and Criminal Identification to ... According to a recently released TechSci Research report, " ... Sector, By Region, Competition Forecast and Opportunities, 2011 - ... $ 24.8 billion by 2021, on account of growing ...
(Date:5/12/2016)... , May 12, 2016 ... just published the overview results from the Q1 wave ... the recent wave was consumers, receptivity to a program ... data with a health insurance company. "We ... to share," says Michael LaColla , CEO of ...
(Date:4/28/2016)... GOTHENBURG, Sweden , April 28, 2016 ... 1,491.2 M (139.9), up 966% compared with the first quarter of ... Operating profit totaled SEK 589.1 M (loss: 18.8) and the operating ... SEK 7.12 (loss: 0.32) Cash flow from operations was ... , The 2016 revenue guidance is unchanged, SEK 7,000-8,500 M. ...
Breaking Biology News(10 mins):