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
1. Verfasser: Betz, Ulrich A.K.
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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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