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Overview

Chemfinet Services, Inc is a web based custom chemicals exchange which will significantly reduce the time and costs involved in buying and selling custom manufactured fine chemicals. We host a marketplace where buyers and sellers of custom manufactured (or hard-to-source) chemicals can do business to everyone's mutual benefit.

As a buyer , you know that there are literally thousands of manufacturers of custom chemicals. Each has their own particular strengths and competencies, but as a busy buyer, you don't have the time to differentiate and qualify more than a few of them; and by staying inside your own network, you may wind up with suboptimal (and expensive) results. On the other hand, you don't want to go blindly into the marketplace and engage suppliers that are difficult to work with or can't deliver.

As a seller , you know that there are hundreds of pharmaceutical and biotech companies who are seeking reliable suppliers, but you don't have the time or perhaps the marketing muscle to get qualified by each and every potential customer. As a result, you wind up with a smaller set of opportunities, some of which may stretch your capabilities too much - and you may not find out about key opportunities that take advantage of your capabilities or profitably utilize that spare capacity.

Chemfinet Services provides a optimal solution to these problems of the buyer and the seller. We help the buyer quickly find a reliable supplier, saving time, search costs, and often achieving significant savings in the cost of the material. We help the reliable seller gain access to a larger universe of opportunities without the need for additional selling or business development personnel.

The heart of Chemfinet is the Exchange. Buyers and Sellers must register to utilize the Exchange, but there is no cost to do so. Upon registering, the Buyer can post an RFQ (Request For Quote) on the site. The easy-to-use form helps you to specify your requirements for your molecule: quantity, purity, time needed, and any other requirements. You can provide the chemical structure or we can draw it for you. Your identity is NOT disclosed to protect your confidentiality.

The registered seller can review the lists of RFQs (by chemical name or structure) and then submit bids to the Exchange. Each bid is reviewed by Chemfinet's Ph.D. staff, who will either approve, reject, or request more information before posting.

When a new bid is approved, the Buyer receives an automatic email with the details of the bid. If they have questions, they can post them to the bidder (still protecting their confidentiality) or they can ask for the assistance of the Chemfinet staff in selecting the desired seller (i.e. reputation, track record, seller’s expertise in the area). We will help you get as much information as you feel you need to make an informed decision.

Remember that the Buyer has no obligations UNTIL they decide to accept a bid and issue a Purchase Order for the materials.

We can also help with Confidential Sourcing . Some buyers in the pharmaceutical and biotech world are simply not comfortable posting their intermediates or active compounds on our site. If this is the case, we are happy to help with our "Off-Site Confidential Sourcing" Program. We will directly contact reliable manufacturers whom we expect can produce the molecules you are seeking to source. We maintain the strict confidentiality we have on the site, and only disclose the structures to a small selected group of suppliers. This helps keep the structures on a "need to know" basis.

The team at Chemfinet looks forward to working with both buyers and sellers of custom manufactured (or hard-to-source) materials to improve your economics, speed up your cycle time, and make sourcing difficult materials a much more pleasant process!


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