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Drug development is a high-cost, high-risk, and lengthy enterprise. Most drug companies are actively exploring ways to accelerate and improve their drug development processes. Excellence in drug discovery has long been regarded as a hallmark of successful drug companies. It is increasingly recognized that this alone is not enough and must be coupled with excellence in drug development. The latter capability requires that a high-quality, well-motivated, and well-trained staff is in place, and that development vision is matched with good process and procedure. |
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Project management plays a pivotal role in achieving and sustaining excellence in drug development. The pharmaceutical industry has been relatively slow to implement project management techniques in comparison with other industries. In the past decade, however, most large drug companies have established project management groups with full-time staff whose professional responsibility is the management and planning of drug development. |
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Pharmaceutical project management has a broad scope encompassing strategic and operational management of individual projects and of the development portfolio. Within this scope reside challenges and opportunities in the management of information flow, personal and organizational |
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