A transaction-based social network for a life science vertical industry is provided. A method for implementing the network includes qualifying a user to join the transaction-based social network based on a minimum set of qualifications. The method also includes creating, from input received by the user, an opportunity with respect to an offer, identifying members of a target user community in the network based on the input from the user, and posting the opportunity over the social network to the members of the target user community. The method further includes receiving at least one response from the target user community that is indicative of a bid to accept the opportunity. The method also includes providing a view of the bid for the user and, once accepted, executing a transaction based on a pre-negotiated fee. The executing includes validating regulatory compliance of content associated with the transaction.