A Full Service Provider for Your Outsourcing Solutions: Mithros Chemicals India

It is now a well-known fact that outsourcing haskeep costs low while simultaneously increasing delays
become an integral part of the agrochemical andand administrative costs. Very often there are
pharmaceutical Industry resulting from the pressures ofunexpected costs in a new business environment that
global competition. This especially applies to theirwere not anticipated and a quick venture can quickly
R&D activities. Initially, only Building Blocks wereturn sour for all parties involved. Top management
being outsourced to third parties but this activity hasexpects remarkable savings at greater yields and
spanned to the degree where entire research projectsmiddle management faces the frustration of being
are now being outsourced. The managementcaught in between and eventually bearing the bad
philosophy of “we’ve got to do it all in-housenews of lower margins. The search resumes for a
maintaining top secrecy” has given way tofresh partnership resulting in the same repeated
“let’s do it all outside.” The major outsourcedfailures with increased losses and delays and a
activity is usually the synthesis of organic molecules.general disillusionment about the outsourcing practice.
First, simple Building Blocks were outsourced, thenInitially, Mithros Chemicals offered a “service
simple libraries, then large libraries, then moreproduct” like its competitors, in the form of mutual
sophisticated libraries, and now, whole aspects ofcoorperations with clients until it realized that this
medicinal chemistry are being outsourced to thirdarrangement, for the most part, led to increased costs
parties.and administrative difficulties for both sides thereby
Outsourcing not only provides significant cost savingsdefeating the very purpose of outsourcing. Following
for the company but it also provides a faster and lessthat, FTE’s or Full Time Equivalents were
complex approach to getting research done, keepingintroduced which seemed to work better as clients
in-house resources focused on core business whilehad better control over their projects together with
providing greater flexibility. The types of outsourcingincreased flexibility.
partnerships formed tend to vary from company toPrior to outsourcing, it is very important for a company
company. Some companies outsource research onlyto understand the outsourcing market within and
within their country’s borders to ensure greaterwithout its borders, to analyse the key players in the
accessibility and confidentiality, while others havefield and determine their strengths in order to match
reached far and wide in search of lucrativeprojects with compatible partners. Only then, can the
partnerships. Some have the outsourcing processlong-term benefits of outsourcing or off-shoring be
completely centralized whereas others prefer itgleaned and sustained. While off-shoring, it is essential
completely decentralized, leaving the decision toto choose a partner who understands both worlds.
individual department heads.Taros Chemicals, for example has been in the
While contract synthesis companies have existed incontract synthesis area since 10 years and has
the west for at least a decade, some outsourcingworked with the major agrochemical and
companies had early insight into the eventualpharmaceutical companies with a seasoned
off-shoring of custom syntheses projects to countriesunderstanding of what customers want. Taros is the
like India and China to beat growing research costs.only European company to have the privileged position
Although it sounded easy enough, only few survivedof running its own laboratory in India with a central
the initial challenges of doing business across the mileslogistical processing unit that tracks projects to ensure
and across business cultures that are as varied as itthey are processed in a timely manner.
gets. One such company, a forerunner among itsA client can optimise its process and reduce costs by
German counterparts, is Taros Custom Chemicals, ainvolving Taros in deciding which projects should be
well-known Dortmund-based outsourcing partner forprocessed by Mithros. Taros sources and provides
chemical, crop and pharmaceutical companies. Tarosstarting materials, managing projects closely from start
set up its extended laboratories, Mithros Chemicals, into finish making it easy for partners to keep projects
the former pearl capital of India, Hyderabad, nowcost efficient. There are no communication barriers
famous as India’s leading IT hub popularized byand cultural misunderstandings as projects outsourced
Microsoft’s presence there.to Mithros are managed by the german management
The founder of Taros Chemicals described this moveteam. Based on experience, Taros can select the
as a giant step towards providing its customers withproject-flow and keep failure rate very low. There is
top quality research, increased capacities and timelyalso only a minimal of travel involved on the part of the
service at a far better price. Moreover, Taros’scontracting company saving both time and money
CEO, acted as a “human bridge” for Germanwhile facilitating optimal use of its internal resources.
clients wanting to outsource custom synthesis projectsDelays are avoided through an excellent internal
to its subsidiary, Mithros, in India (A human bridge is alogistics system which optimizes raw material sourcing,
person who has roots in one country but has lived longprocessing and shipping for the Mithros site. As a
enough in another to understand its culture and modusresult, projects are processed significantly faster than
operandi). The challenges therefore, of cross culturalthe local service provider. When there are synthetic
business practices and the quintessential red tapedifficulties the process is hauled to Germany for
were duly overcome.completion as the availability of Fine Chemicals is
While some companies prefer to work with FTE’s,higher and the project originally outsourced to India can
others choose to work on a molecule to moleculebe completed without long delays and a better
basis. Matters get even more complex when a singlesuccess rate than if one were to depend solely on
project is splintered and sectioned to be handed off toIndian partners.
multiple contractors in different countries in order to