FAIR Data: How Data Increases the Value of Biotechnology Companies

When data is not properly documented or preserved, researchers can no longer interpret, communicate, or share information effectively. To address these challenges, a group of industry experts outlined the FAIR Guiding Principles, a community-approved set of data management strategies for finding, accessing, integrating, and reusing data. The implementation of FAIR principles results in more efficient R&D processes, smaller operation costs, and a faster time-to-market.