Why do Clinical Studies Fail to Complete?

According to ClinicalTrials.gov, 3% (n=361) of all Phase 3 studies started from 2013 through 2017 terminated early. While that appears to be a relatively low rate, each of these instances represents millions to tens of millions of dollars in expenditure. Low Enrollment Highlighting the challenges with feasibility, incorporating Quality by...

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Social Responsibility: Life Science Leadership’s Next Secret Weapon

Entering Merck soon after Ken Frazier stepped down from President Trump’s Manufacturing Council, I was struck with newfound feelings of trust, connection and pride. Walking the halls, I found hundreds of people, from all backgrounds, ethnicities, ages enroute to contribute to Merck, it’s vision, and its mission. With recent events...

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The Do’s and Don’ts of Business Transformation

On Oct. 12 Healthcare Businesswomen’s Association hosted a panel exploring the successes and failures of business transformation in life sciences. The panelists, who have all thankfully lived to tell the tale, shared their transformation do’s and don’ts based on pitfalls and successes of their endeavors. Transformation truly touches every level of...

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Managing a Portfolio of Drug Development Projects: How to Find More Certainty in an Uncertain World

The drug development business is fraught with uncertainty.  Unpredictability in discovering and testing new molecular compounds or biologics – ranging from the scientific, operational, financial, regulatory, and organizational – are inherent parts of the process. This article is not about forever-eliminating uncertainty in the drug development process; that will never...

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The Role of Technology and Innovation in Healthcare: Driving Business Success

Vitalized by technology-driven advances, yet constrained by complexity, healthcare and the ecosystem of the healthcare industry – pharma, biotech, providers, payers, government – is also changing at an accelerated rate. Regulatory and reporting requirements, patient-centricity expectations, and socio-demographic factors are bringing supply chain, R&D, and sales and marketing challenges to...

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Adventures in Forecasting in the Supply Chain

One of the principle aims of supply chain management is managing uncertainty. And no function is more at the forefront of that endeavor than demand forecasting. The challenge of effective supply chain management is to deliver on ever-increasing customer demands for excellent service while simultaneously managing costs. Agility and responsiveness,...

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Improving Organizational Effectiveness to Keep Pace with An Evolving Market Landscape

Before we dive into actual strategies for improving organizational effectiveness, let’s take a moment to define and de-mystify this trendy term. At its core, organizational effectiveness is simple – it’s the ability of a group to meet its objectives and goals.  Through this lens, the concept is fairly straight-forward.  However,...

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Inside the Digital Health Revolution: Leveraging Information Technology to Engage Patients in the 21st Century

  Let’s say that your company provides innovative medicines or medical devices to patients.  Maybe you work for a biotech, a medical device company, or big pharma.  You know you could be making better use of information technology to engage patients.  But, where should you start?  What should you consider?...

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