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Knowing When to Call It Quits in Drug Development and Healthcare Innovations
Manage episode 262632130 series 2152127
The drug development process is costly, time consuming and laden with risk—with only 1% of drugs making it from pre-clinical all the way to market, according to Pharma Intelligence. To beat these odds, life sciences leaders must know when to continue funding a promising, new product and when to call it quits.
Tune in for insights into:
- Why a “fast to failure” mentality is key to a successful development pipeline
- How leaders can redivert organizational resources after ending a program
- Why drug development failures can ultimately lead to positive outcomes
10 episodes
Manage episode 262632130 series 2152127
The drug development process is costly, time consuming and laden with risk—with only 1% of drugs making it from pre-clinical all the way to market, according to Pharma Intelligence. To beat these odds, life sciences leaders must know when to continue funding a promising, new product and when to call it quits.
Tune in for insights into:
- Why a “fast to failure” mentality is key to a successful development pipeline
- How leaders can redivert organizational resources after ending a program
- Why drug development failures can ultimately lead to positive outcomes
10 episodes
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