Measuring risk in pharma R&D processes



Diana Davis
12/31/2012

Whether we like it or not, risk is a critical part of innovation. Developing anything new requires taking a leap into the unknown - which carries with it a certain amount of risk and uncertainty. New drug development can take more than a decade and costs pharma companies billions of dollars a year so having strategies around how to manage and contain risk may be a crucial way of ensuring overall success. In this Process Perspectives interview, Kelvin Stott, an R&D Expert and Thought Leade...
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