Medical Translation Insight

For many drug and device companies, being able to estimate the cost of translation remains an impenetrable mystery.

Just in time for budgeting season, Pharmaceutical Executive published a five-step approach to developing accurate translation budgets:

1. Outline - Define the work that you need to get done
2. Review - Go back to previous years to see how many of these projects you had translated
3. Track - Analyze past work for price changes and efficiency gains
4. Prepare - Look into your crystal ball for regulatory changes, product roll-outs, and new market
5. Pull it together - Combine expected projects with schedules and prices

Increasingly, translations are a critical function for global medical device and biopharma companies. By putting in place a robust translation budgeting process, companies ensure that their translation dollars, euros and yens go further.


For a detailed proposal on your next clinical, regulatory, or marketing translation project, contact ForeignExchange Translations.