Portfolio management in early stage drug discovery – a traveler's guide through uncharted territory
Portfolio management in drug development has become a best practice in the pharmaceutical industry. By contrast, early on in the value chain – the discovery phase – portfolio management is still in its infancy. Nevertheless, owing to the attrition of R&D projects from phase to phase and the cost...
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Veröffentlicht in: | Drug discovery today 2011-07, Vol.16 (13), p.609-618 |
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description | Portfolio management in drug development has become a best practice in the pharmaceutical industry. By contrast, early on in the value chain – the discovery phase – portfolio management is still in its infancy. Nevertheless, owing to the attrition of R&D projects from phase to phase and the cost of capital involved, these early phases of drug discovery play a significant part for the overall cost of bringing new, innovative drugs to the market. This paper describes various approaches to manage a portfolio of projects in early-stage drug discovery and provides crucial factors that determine the success of such an approach. |
doi_str_mv | 10.1016/j.drudis.2011.04.012 |
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subjects | Attrition Best practice Biological and medical sciences Drug Design Drug Discovery - economics Drug Discovery - methods Drug Industry - economics Drug Industry - methods Drugs Efficiency, Organizational General pharmacology Humans Management Marketing Markets Medical sciences Pharmaceutical technology. Pharmaceutical industry Pharmacology. Drug treatments Product innovation Research - economics Research Design Value analysis |
title | Portfolio management in early stage drug discovery – a traveler's guide through uncharted territory |
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