With the launch of new blockbuster drugs becoming less frequent, there is increased scrutiny on the importance and success of clinical trials, mandatory to determining the safety and efficacy of a developing product. The road to commercialization is daunting – the process of bringing a product to market is long and the failure rate high, ultimately impacting the price of products that do make it to market.
To succeed in today’s market, companies need to mine the value that can be found in the time and insights created between post-clinical and pre-commercialization. Do this by: