Strengthening Global Investor Communication for a Biotech Company through Localization Translation Services
- Meditrans Client Service
- Dec 13, 2024
- 2 min read
Updated: Feb 5
The Challenge: The Biotech Company’s Need to Strengthen Investor Communication
A biotech client recently approached MediTrans to address their challenge: effectively communicating news of their drug development progress and clinical trial findings to global investors.
The client recognized the urgent need for expert localization translation due to the following:
Complex Molecular Biology Topics: These concepts are intricate and require precision when translated.
Rapid Shifts in Scientific Trends: Trends in molecular biology evolve every 3 to 5 years, making up-to-date translations essential.
Timely Communication: Accurate and fast research and investment-related news delivery was critical to investor decision-making.
The Biotech Company’s Key Communication Challenges
The company faced the following three main challenges:
Reliable Translation:
Translating highly technical and scientific information into the target languages with complete accuracy.
Reflecting Latest Terminology:
Translating the latest, continuously evolving molecular biology terms and trends.
Speed & Efficiency:
Translating news and investor communications quickly to meet time-sensitive demands.
MediTrans’ Localization Translation Solution
To address these challenges, MediTrans delivered a tailored and expert-driven translation strategy with the following key elements:
Expert Team Composition
MediTrans assembled a team of translators with advanced degrees (Master’s or Doctorate) specializing in life sciences, biomedical sciences, and pharmaceutical research. This team can:
Monitor the latest research developments in real-time.
Grasp and translate complex molecular biology concepts accurately into target languages.
Customized Glossary Development
Working closely with the client, MediTrans developed a customized glossary tailored to the target market. This included:
Incorporating the latest scientific and industry terminology.
Defining unique terms related to specific research findings and products for clearer investor communication.
Rapid & Efficient Translation Workflow
MediTrans implemented real-time feedback loops and a cloud-based project management system to streamline translation processes. This system enabled:
Immediate communication with the client about progress.
A structured, responsive process capable of addressing urgent requests quickly.
Quality Assurance & Expert Review
Once translations were complete, MediTrans’ native-speaking subject matter experts conducted thorough reviews. These final quality checks ensured:
100% accuracy in a scientific context.
Alignment with local cultural nuances and conventions for effective communication.
The Results: Building Trust & Strengthening Investor Relationships
With MediTrans’ expert translation services, the client was able to:
✅ Build Trust with Global Investors:
The biotech company established credibility with its investor base through accurate and timely information.
✅ Receive Positive Investor Feedback:
Investors were equipped with the insights they needed to make informed decisions based on the latest research findings.
✅ Facilitate Additional Investment Opportunities:
Clear, accurate translations enabled investors to act with confidence, fostering new opportunities for strategic collaborations and funding.
Key Insights from This Case Study
Precision Builds Trust:
Accurate and contextually relevant translations foster credibility and confidence among global stakeholders.
Timely Communication Is Crucial:
Rapid response workflows enabled by MediTrans’ efficient systems ensured that urgent investor communications were met without delay.
Specialized Expertise Matters:
A team with domain-specific knowledge and scientific expertise made the difference in translating highly technical content.
MediTrans prioritizes confidentiality by signing an NDA with clients. This case is based on a real example, but the client name and project details have been changed.
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