Monday 8 February 2016

Patrick McKillop of Pembroke - 5 Tips for Researching Treatments and Therapies

Research is an important aspect of the biotechnology and financial industries. Patrick McKillop is a financial professional in Pembroke, Massachusetts. He has two decades of experience in finance and has spent more than 10 years working with biotechnology companies. McKillop worked with Summer Street Research Partners for a total of six years. During that time, he learned how to research treatments and therapies in the medical field, as well as new biotechnology companies. He learned the value of research and the importance of keeping current on pharmaceuticals and treatments. Over the years, he became highly skilled at researching treatments and therapies and their potential financial impacts.

Research should always include a wide array of sources and should be performed on several different levels. When you begin researching any topic, you should look to reputable and credited written sources. If you are researching in the medical field, you should begin by looking through several different medical journals. Peer reviewed scientific papers can provide you with valuable information about the science behind drugs, treatments, and therapies. These sources will tell you how the treatments were created and how long they have been FDA approved. You can also learn about potential side effects and the different uses a medicine may have. These journals are peer reviewed and can be a valuable source of information.

Once you know what a medication is, your next step should be to research the other medications that are used to treat the same illness or ailment. It is important to know which companies are competing against one another, and which medicine is the most popular. This will lead you into the third step of your research. You will need to find out the sale rates of the medication or treatment you are researching. Find out how popular it is and which states or countries use it the most. If you are researching a medication or treatment for investment purposes, this could help you project the potential financial return on your investment.

The fourth step in your research involves networking. Talk to some of the other investors in that pharmaceutical company, or discuss the medication or treatment with medical professionals. This can help provide you with information about the company itself and the benefits of the medication. When you work in finance and biotechnology, have a wide network is essential. Use that network while you are researching a new treatment, therapy, or drug.

The fifth and final step in your research is to contact the pharmaceutical company directly. If you research and unearthed a few questions, go to the makers directly. The research process has many layers and working directly with the pharmaceutical company is one of the most important. Patrick McKillop, of Pembroke, is a highly skilled financial professional who is well versed in biotechnology research.