I’m guessing most companies do, but I’ve ran into a few that aren’t so I feel the need to say it here: use Google Alerts. For any small company, life science companies included, Google Alerts is an easy and free way of monitoring what is said about your company online. You can set up alerts for mentions of your company, your products, anything. Also, it’s an easy way to keep track of your competition – you can set up Google Alerts for mentions of their company, brands, and products as well.
If you’re involved in marketing or PR for your life science company you definitely be receiving Google Alerts. For small life science companies, executives probably should as well. For people in sales or business development it’s good to keep track of what is being said about your product and the product positioning of competitors. For support or applications scientists, it could be a good way to keep up with people posting methods or problems with your products on forums or anywhere on the internet.
Google Alerts takes almost no time to set up, alerts can be received “as-it-happens”, daily, or weekly and via e-mail or RSS. And did I mention that it’s free?