Improving Drug Life Cycle Plans

Driving Innovation of BioPharma Products Through Life Cycle Planning

Given the challenges to consistently innovate in drug research and the clinical risks associated with drug development, it’s imperative for biopharma companies to maximize the value of every product by institutionalizing an effective life cycle management approach”, said Nick DeSanctis, Executive Partner at RxC International, a life sciences management consulting firm in New Jersey.

The 8 Most Common (and Costly!) Life Cycle Management Pitfalls (and How to Avoid Them)

The 8 Most Common (and Costly!) Life Cycle Management Pitfalls (and How to Avoid Them)

Understanding the critical success factors of Life Cycle Management (LCM) planning helps pharmaceutical companies avoid common life cycle pitfalls that can lead to sub-optimal life cycle plans or ineffective implementations.  Companies that don’t optimize the life cycle management process and develop innovative strategies to meet the demands of today’s pharmaceutical landscape generally experience lower returns than their more proactive counterparts.