---
title: Why Biotech Companies Need CLM
description: Biotech companies generate massive contract volume. With CLM for biotech, these companies can bring order to the operations and contract chaos.
image: https://blog.linksquares.com/hubfs/perlafdez_a_workspace_with_a_laptop_laptop_stand_monitor_a_ta_5885ca89-b869-401c-8f73-bfd6c5cc5f65_3.png
---
[Skip to content](https://blog.linksquares.com/biotech-companies-need-clm#main-content)
[LinkSquares](https://blog.linksquares.com/)
Open Mobile Menu
[LinkSquares](https://linksquares.com/)
Close Mobile Menu
[Why LinkSquares](https://linksquares.com/why-linksquares/) [Products](https://linksquares.com/products/)
---
[The LinkSquares Cloud One platform for all your in-house legal needs](https://linksquares.com/products/linksquares-cloud/)
---
Contract Lifecycle Management Create, review, manage and sign contracts Legal Project Management Centralize your work and keep projects moving Cross-product capabilities Get scalability, efficiency and connectivity LinkSquares Onboarding Experience A step by step guide to get started today
---
[Solutions](https://linksquares.com/solutions/) [Customer Stories](https://linksquares.com/customers/) Resources
Content
[LinkSquares+ Content curated for in-house leaders](https://linksquares.com/plus/) [The Library](https://linksquares.com/library/)
In the studio
[Demo Library](https://linksquares.com/demo-library/)
Community & Events
[Customer Stories](https://linksquares.com/customers/) [Events & Webinars](https://linksquares.com/events/)
Learning
[Blog](https://blog.linksquares.com/) [In-House Insights](https://linksquares.com/inhouse-insights/) [Knowledge Base](https://help.linksquares.com/)
[Events](https://linksquares.com/events/) [About Us](https://linksquares.com/about-us/) [Careers](https://linksquares.com/careers/) [Press](https://blog.linksquares.com/tag/linksquares-news-press) [Pricing](https://linksquares.com/pricing/)
[Request a demo](https://linksquares.com/demo-request/)
Back
Close Mobile Menu
[Contract Lifecycle Management](https://linksquares.com/products/)
[Finalize Streamline your contract creation process](https://linksquares.com/products/finalize/) [Sign Get your contracts executed faster](https://linksquares.com/products/sign/) [Analyze Your post-signature analytics & repository](https://linksquares.com/products/analyze/) [CLM Suite One platform to rule them all](https://linksquares.com/products/)
[Request a demo](https://linksquares.com/demo-request/)
Back
Close Mobile Menu
[Legal Project Management](https://linksquares.com/products/)
[Prioritize Manage, track, and report on legal work in one place](https://linksquares.com/products/prioritize/)
[Request a demo](https://linksquares.com/demo-request/)
Back
Close Mobile Menu
[Cross-product capabilities](https://linksquares.com/products/)
[LinkAI Predictive and generative AI](https://linksquares.com/products/analyze/features/ai/) [Integrations Connect the tools you love](https://linksquares.com/integrations/) [Reporting Improve your teams efficiency with KPIs](https://linksquares.com/products/analyze/features/dashboard/) [API Integrate with any third-party app](https://linksquares.com/integrations/linksquares-api/)
[Request a demo](https://linksquares.com/demo-request/)
Back
Close Mobile Menu
[Cross-product capabilities](https://linksquares.com/products/)
[Onboarding We're here for you from day one](https://linksquares.com/onboarding-services/) [Services Short on time? We can help!](https://linksquares.com/services/) [Support Get answers to all of your technical questions](https://linksquares.com/contact-us/)
[Request a demo](https://linksquares.com/demo-request/)
[LinkSquares](https://linksquares.com/)
- [Why LinkSquares](https://linksquares.com/why-linksquares/)
- Products
Introducing: Agentic AI for Contract Management
Search, edit, and create contracts like never before.
[Learn more](https://linksquares.com/agentic-ai/)
Contract Lifecycle Management Create, review, manage and sign contracts Legal Project Management Centralize your work and keep projects moving Unified Capabilities Get scalability, efficiency and connectivity LinkSquares Onboarding Experience A step by step guide to get started quickly
[Finalize Streamline your contract creation process](https://linksquares.com/products/finalize/) [Sign Get your contracts executed faster](https://linksquares.com/products/sign/) [Analyze Your post-signature analytics & repository](https://linksquares.com/products/analyze/) [CLM Suite One platform to rule them all](https://linksquares.com/products/)
[Prioritize Manage, track, and report on legal work in one place](https://linksquares.com/products/prioritize/)
[LinkAI Predictive and generative AI](https://linksquares.com/ai/) [Agentic AI Smarter contracting with a multi-agent approach](https://linksquares.com/agentic-ai/) [Integrations Connect the tools you love](https://linksquares.com/integrations/) [Reporting Improve your teams efficiency with KPIs](https://linksquares.com/products/analyze/features/dashboard/) [API Integrate with any third-party app](https://linksquares.com/integrations/linksquares-api/)
[Onboarding We're here for you from day one](https://linksquares.com/onboarding-services/) [Services Short on time? We can help!](https://linksquares.com/services/) [Support Get answers to all of your technical questions](https://linksquares.com/contact-us/)
- Solutions
Use Cases
[Crisis Management](https://linksquares.com/solutions/crisis-management/) [Contract Review](https://linksquares.com/solutions/contract-review/) [Contract Storage](https://linksquares.com/solutions/contract-storage/) [Data Privacy & Compliance](https://linksquares.com/solutions/data-privacy-compliance/)
[Deal Acceleration](https://linksquares.com/solutions/deal-acceleration/) [Mergers & Acquisitions](https://linksquares.com/solutions/fundraising-and-ma/) [Vendor Management](https://linksquares.com/solutions/vendor-management/)
---
DEPARTMENTS
[Legal](https://linksquares.com/solutions/linksquares-for-legal/) [Procurement](https://linksquares.com/solutions/linksquares-for-procurement/) [Sales](https://linksquares.com/solutions/linksquares-for-sales/)
- Resources
Content
[LinkSquares+ Content curated for in-house leaders](https://linksquares.com/plus/) [The Library](https://linksquares.com/library/)
Community & Events
[Customer Stories](https://linksquares.com/customers/) [Events & Webinars](https://linksquares.com/events/)
In the studio
[Demo Library](https://linksquares.com/demo-library/)
Learning
[Blog](https://blog.linksquares.com/) [In-House Insights](https://linksquares.com/inhouse-insights/) [Knowledge Base](https://help.linksquares.com/)
[](https://linksquares.com/events/product-spotlight-webinar-risk-revolution/)
- Company
[About Us](https://linksquares.com/about-us/) [Careers](https://linksquares.com/careers/) [Events](https://linksquares.com/events/) [Partner Program](https://linksquares.com/partners/) [Press](https://blog.linksquares.com/tag/linksquares-news-press)
- [Pricing](https://linksquares.com/pricing/)
- [Login](https://app.linksquares.com/)
- [Request a demo](https://linksquares.com/demo-request/)
[Alyssa Verzino](https://blog.linksquares.com/author/alyssa-verzino) Jun 14, 2022 3 min read
# Why Biotech Companies Need CLM
From pharma to food tech, the complexities of the biotech industry stand alone. These companies generate massive contract volume through product development, commercialization, and M&A.
\*This post was updated August 2024.
In fact, one industry leader recently shared with us that her pre-clinical phase biopharma company generated over 150 contracts per quarter. From manufacturing to toxicology and consulting agreements, the small operations team was overwhelmed trying to ingest, manage, and report on contracts – until they discovered a contract lifecycle management (CLM) solution.
Another company shared that before LinkSquares, due to a myriad of entities and regulations, they began to encounter challenges when it came to drafting their employment contracts.
> “These hiring teams need to move fast, so asking us to review every contract isn’t in anyone’s best interest,“That’s what makes the templates so powerful. They give the drafters the freedom to quickly create their own contracts while also maintaining the relevant legal protections and regulatory language. With LinkSquares, we’ve cut the time it takes to get an employment contract out the door by more than 50%.” - RJ Marse – Associate GC, Product and Operations, DispatchHealth
# The Benefits of CLM
Biotech companies often wait too long, allowing CDAs, provider agreements, and pricing schedules to pile up before prioritizing contract management best practices. Fortunately, you don't need a JD to transform your contracting workflows. With CLM, biotech companies can bring order to the contract chaos. This brings many benefits, including:
- **Contract organization**: Categorize and classify signed contracts to improve speed-to-market, compliance, and new product collaboration.
- **Commitment insights**: Extract critical information from every contract – and turn static dates and commitment data into actionable insights.
- **Repurpose contract language for easy drafting**: Insert preferred language directly into new contracts and existing templates.
- **Accelerate deals, fundraising, and M&A**: Capitalize on liquidity or M&A opportunities with easy access to deal disclosures and due diligence data.
- **De-risk third-party agreements**: Centralize third-party contract management, automate review processes and expose non-standard clauses and other liabilities lurking in contracts.
CLM software is essential for any biotech company, connecting every contract phase–from initiation and execution to renewal. Bringing order to contracting processes doesn't need to wait until your first legal hire.
If you're ready to kick your contract processes into high gear, [contact LinkSquares](https://go.linksquares.com/demo-request) today.
#### [Alyssa Verzino](https://blog.linksquares.com/author/alyssa-verzino)
Alyssa Verzino is a Senior Content Marketing Manager at LinkSquares.
## Subscribe to the LinkSquares Blog
Stay up to date on best practices for GCs and legal teams, current events, legal tech, and more.
## Related Articles
### [LinkSquares Team Sep 06, 2022 7 min read CLM for Biotech: Using CLM as an Extension of Your Lean Team On top of gathering study participants, setting clinical trials, researching new drugs, and much more, biotech companies need ... Start Reading](https://blog.linksquares.com/clm-for-biotech-extension-of-your-team)
### [Vishal Sunak Mar 13, 2019 9 min read The Challenges of Contracts in Mergers and Acquisitions Mergers and Acquisitions are an influential aspect of the business world, but these major transitions can cause incredible ... Start Reading](https://blog.linksquares.com/challenges-of-contracts-in-merger-acquisition)
### [Alyssa Verzino Jun 15, 2023 4 min read How CLM Helps With SOX and Contract Compliance In the early 2000s, corporations like Enron and Worldcom mismanaged their funds, hid their losses, and lied about it to ... Start Reading](https://blog.linksquares.com/how-clm-helps-with-sox-and-contract-compliance)
- [Products](https://linksquares.com/products)
- [LinkSquares Cloud](https://linksquares.com/products/linksquares-cloud/)
- [Prioritize](https://linksquares.com/products/prioritize/)
- [Finalize](https://linksquares.com/products/finalize)
- [Sign](https://linksquares.com/products/sign)
- [Analyze](https://linksquares.com/products/analyze)
- [Full Suite](https://linksquares.com/products)
- [Integrations](https://linksquares.com/integrations)
- [Reporting](https://linksquares.com/products/analyze/features/dashboard/)
- [API](https://linksquares.com/integrations/linksquares-api/)
- [LinkAI](https://linksquares.com/ai/)
- [Agentic AI](https://linksquares.com/agentic-ai/)
- [Services](https://linksquares.com/services/)
- [Solutions](https://linksquares.com/solutions)
- [Crisis Management](https://linksquares.com/solutions/crisis-management/)
- [Contract Review](https://linksquares.com/solutions/contract-review/)
- [Contract Storage](https://linksquares.com/solutions/contract-storage/)
- [Data Privacy & Compliance](https://linksquares.com/solutions/data-privacy-compliance/)
- [Deal Acceleration](https://linksquares.com/solutions/deal-acceleration/)
- [Mergers & Acquisitions](https://linksquares.com/solutions/fundraising-and-ma/)
- [Vendor Management](https://linksquares.com/solutions/vendor-management/)
- Departments
- [Legal](https://linksquares.com/solutions/linksquares-for-legal/)
- [Procurement](https://linksquares.com/solutions/linksquares-for-procurement/)
- [Sales](https://linksquares.com/solutions/linksquares-for-sales/)
- [Resources](https://linksquares.com/library)
- [LinkSquares+](https://linksquares.com/plus)
- [Blog](https://blog.linksquares.com/)
- [Cockpit Counsel](https://linksquares.com/cockpit-counsel-series)
- [Customer Stories](https://linksquares.com/customers)
- [Demo Library](https://linksquares.com/demo-library)
- [Events & Webinars](https://linksquares.com/events)
- [In-House Insights](https://linksquares.com/inhouse-insights/)
- [Knowledge Base](https://help.linksquares.com/)
- [The Library](https://linksquares.com/resources)
- Company
- [About Us](https://linksquares.com/about-us)
- [Careers](https://linksquares.com/careers)
- [Contact Us](https://linksquares.com/contact-us/)
- [Onboarding](https://linksquares.com/onboarding-services/)
- [Partner Program](https://linksquares.com/partners)
- [Pricing](https://linksquares.com/pricing/)
- [Press](https://blog.linksquares.com/tag/linksquares-news-events)
- [Recognition](https://linksquares.com/recognition/)
- [Support](mailto:support@linksquares.com)
- [Why LinkSquares](https://linksquares.com/why-linksquares/)
#### LINKSQUARES, INC.
60 State St.
Suite 1200
Boston, MA 02109
[617-681-8552](tel:617-681-8552)
[salesinfo@linksquares.com](mailto:salesinfo@linksquares.com)
© 2026 LinkSquares, Inc.
- [SaaS Terms of Service](https://linksquares.com/saas-terms-of-service/)
- [Privacy](https://linksquares.com/privacy-policy/)
- [Security](https://linksquares.com/security/)
- [Status](https://linksquares.statuspage.io/)
- [Your Privacy Choices](https://go.linksquares.com/linksquares-do-not-sell-or-share-personal-data)
- 
- 
```json
{
"@context" : "http://schema.org",
"@type" : "Organization",
"address" : {
"@type" : "PostalAddress",
"addressCountry" : "United States",
"addressLocality" : "Boston",
"addressRegion" : "MA",
"postalCode" : "02109",
"streetAddress" : "60 State Street"
},
"knowsLanguage" : "en",
"logo" : {
"@type" : "ImageObject",
"url" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/Navigation/logo_643dd1b1.svg"
},
"name" : "LinkSquares",
"url" : "https://blog.linksquares.com/biotech-companies-need-clm"
}
```
```json
{
"@context" : "http://schema.org",
"@type" : "BlogPosting",
"abstract" : "Biotech companies generate massive contract volume. With CLM for biotech, these companies can bring order to the operations and contract chaos.",
"author" : {
"@type" : "Person",
"name" : "Alyssa Verzino"
},
"dateModified" : "2024-08-15T16:26:05Z",
"datePublished" : "2022-06-14T13:05:00Z",
"headline" : "Why Biotech Companies Need CLM",
"image" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/perlafdez_a_workspace_with_a_laptop_laptop_stand_monitor_a_ta_5885ca89-b869-401c-8f73-bfd6c5cc5f65_3.png",
"inLanguage" : "en",
"keywords" : "[Contract Management]",
"mainEntityOfPage" : {
"@type" : "WebPage"
},
"name" : "Why Biotech Companies Need CLM",
"publisher" : {
"@type" : "Organization",
"logo" : {
"@type" : "ImageObject",
"url" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/Navigation/logo_643dd1b1.svg"
},
"name" : "LinkSquares"
},
"text" : "From pharma to food tech, the complexities of the biotech industry stand alone. These companies generate massive contract volume through product development, commercialization, and M&A. *This post was updated August 2024. In fact, one industry leader recently shared with us that her pre-clinical phase biopharma company generated over 150 contracts per quarter. From manufacturing to toxicology and consulting agreements, the small operations team was overwhelmed trying to ingest, manage, and report on contracts – until they discovered a contract lifecycle management (CLM) solution. Another company shared that before LinkSquares, due to a myriad of entities and regulations, they began to encounter challenges when it came to drafting their employment contracts. “These hiring teams need to move fast, so asking us to review every contract isn’t in anyone’s best interest,“That’s what makes the templates so powerful. They give the drafters the freedom to quickly create their own contracts while also maintaining the relevant legal protections and regulatory language. With LinkSquares, we’ve cut the time it takes to get an employment contract out the door by more than 50%.” - RJ Marse – Associate GC, Product and Operations, DispatchHealth The Benefits of CLM Biotech companies often wait too long, allowing CDAs, provider agreements, and pricing schedules to pile up before prioritizing contract management best practices. Fortunately, you don't need a JD to transform your contracting workflows. With CLM, biotech companies can bring order to the contract chaos. This brings many benefits, including: Contract organization: Categorize and classify signed contracts to improve speed-to-market, compliance, and new product collaboration. Commitment insights: Extract critical information from every contract – and turn static dates and commitment data into actionable insights. Repurpose contract language for easy drafting: Insert preferred language directly into new contracts and existing templates. Accelerate deals, fundraising, and M&A: Capitalize on liquidity or M&A opportunities with easy access to deal disclosures and due diligence data. De-risk third-party agreements: Centralize third-party contract management, automate review processes and expose non-standard clauses and other liabilities lurking in contracts. CLM software is essential for any biotech company, connecting every contract phase–from initiation and execution to renewal. Bringing order to contracting processes doesn't need to wait until your first legal hire. If you're ready to kick your contract processes into high gear, contact LinkSquares today.",
"url" : "https://blog.linksquares.com/biotech-companies-need-clm",
"wordCount" : "500"
}
```