FAIR Data: How FAIR 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.