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Richman Chemical Inc. (RCI) was founded in 1988 by Edward Richman, Ph.D. to provide life science and chemical industry clients with project management, custom/contract manufacturing and sourcing services. The company business model is based on a customer-centered strategy. RCI represents a wide range network of manufacturers on a project-by-project or client-by-client basis.

The origin of the business model dates back to Dr. Richman’s tenure as a director of non-core business units for several Fortune 100 chemical companies. He observed first-hand the intricacies of outsourcing within the chemical industry and parlayed that experience into the establishment of RCI, helping clients use resources more efficiently and spend less time outsourcing and more time in their area of expertise.

Dr. Richman began taking his business model “on the road” to, among others, emerging technology audiences. His recent presentation on Effective Outsourcing for Start Up Companies at BioStrategy Partners highlighted the pros and cons of outsourcing and how early-stage companies can outsource effectively.

The company’s office is located in Lower Gwynedd, PA

Markets served: Pharmaceutical, medical device, biotech, emerging technology, personal care, nutritional and diagnostic testing companies

Services:

Custom Chemical Synthesis

Toll Manufacturing

Chemical Sourcing

Nutritional Sourcing

Project Management

References:

http://www.richmanchemical.com/life-sciences/index.html

http://www.biostrategypartners.org/events_writeup.php?id=101 http://www.richmanchemical.com/life-sciences/index.html

http://www.chembuyersguide.com/partners/richmanchemical.html

http://www.chemweek.com/buyersguide/public/detail.php?ID=3422