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Published on February 27, 2025

When should a life sciences organization build technology in-house? When is it smarter to buy off-the-shelf? And when does a strategic partnership make the most sense? These are the questions Derk Arts (CEO, Castor) and Nick Darwall Smith tackled in a candid LinkedIn Live discussion, breaking down the real costs, risks, and trade-offs of each approach.

The Core Considerations

Many organizations have faced the painful consequences of making the wrong build vs. buy decision—whether it’s an in-house project that spirals into a money pit, or an off-the-shelf solution that never quite delivers.

“One of the big pitfalls with internal development is not taking the full scope into consideration. What starts as a simple solution can become a long-term maintenance burden.” – Nick Darwall Smith

So how do you make the right call? The discussion highlighted eight critical factors:

  1. Uniqueness – Does this technology provide a true competitive advantage? If your solution gives you an edge that can’t be replicated, building might make sense. But if you’re reinventing the wheel, why not leverage existing solutions?
  2. Understanding of Requirements – If requirements are unclear or frequently changing, internal builds risk becoming endless development projects with scope creep.
  3. Complexity – The more complex the system, the more it demands ongoing maintenance, integrations, and updates—costs that are often underestimated.
  4. Time – Can you afford the internal build timeline? Delays could mean missing key opportunities or regulatory shifts that make your work obsolete before launch.
  5. Cost – Beyond licensing vs. FTEs, consider total cost of ownership—ongoing support, security, and compliance are often bigger expenses than the initial build.
  6. Support – Can your internal teams sustainably manage this technology? Vendors have dedicated support teams—does your org?
  7. Resources – Do you have the right talent in-house? If not, will gaps create bottlenecks?
  8. InfrastructureSecurity, scalability, and compliance add significant burdens. Who owns the risk?

 

“It’s easy to underestimate the costs of maintaining a system. The first version is never the final version—business needs shift, and suddenly you’re dedicating an entire team just to keeping the lights on.” – Derk Arts

Spotting Red Flags

Both speakers emphasized the importance of recognizing warning signs early to prevent costly missteps:

  • Internal projects that spiral out of control – The sunk cost fallacy often keeps teams investing in failing projects rather than pivoting to a better solution.
  • Vendors that overpromise and underdeliver – If a vendor claims they can do it all without asking the right questions, that’s a red flag.

“The best vendors are the ones that ask tough questions—because they understand what’s truly required.” – Nick Darwall Smith

Making the Right Call

A strategic approach is crucial. In many cases, buying or partnering is the smarter, lower-risk option. But there are exceptions—such as when proprietary data or highly unique business processes demand internal control.

Nick shared a cautionary tale about an in-house project that ran three times over budget due to underestimated maintenance needs. The team assumed developers could support the system post-launch, but that assumption led to constant disruptions and ultimately required a full rebuild.

Another common mistake? Not factoring in industry evolution. Some solutions—like regulatory information management systems—require frequent updates to stay compliant. If you can’t keep pace, a vendor with dedicated regulatory teams may be the better option.

“What works today might not work tomorrow. The best decisions are the ones that leave room for future flexibility.” – Derk Arts

The Role of AI in Build vs. Buy

AI is reshaping the traditional build vs. buy framework, but common pitfalls remain:

  • Don’t build your own foundational models – It’s tempting, but for most organizations, this is an unnecessary distraction.
  • AI can accelerate development—but only if properly integrated – Junior developers can leverage AI tools to speed up coding, but complex systems still require human oversight.
  • Regulatory concerns are real – Hallucinations, data leakage, and compliance risks mean AI-based tools must be carefully vetted.
  • Experimentation has value – Even if you don’t end up building AI solutions in-house, small internal experiments can help you choose better vendors.

Final Takeaways

If it’s not a differentiator, don’t build it – Owning technology that offers no strategic advantage is a waste of resources.

Account for full lifecycle costs – The initial build is just the beginning—long-term maintenance often costs far more.

Vet vendors aggressively – Look beyond sales pitches. Ask about reference customers, real-world performance, and support capabilities.

AI adds complexity – If integrating AI, ensure your team has the expertise to manage it effectively.

For the full range of insights—including real-world case studies and practical advice on navigating build vs. buy vs. partner decisions—watch the complete discussion.

📺 Watch the full LinkedIn Live session here

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