Premium
From lead compound to product
Author(s) -
Cox J. S. G.,
Styles A. E. J.
Publication year - 1979
Publication title -
randd management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.253
H-Index - 102
eISSN - 1467-9310
pISSN - 0033-6807
DOI - 10.1111/j.1467-9310.1979.tb00145.x
Subject(s) - risk analysis (engineering) , robustness (evolution) , lead (geology) , strategic planning , plan (archaeology) , operations research , product (mathematics) , computer science , process (computing) , process management , business , resource (disambiguation) , operations management , management science , engineering , marketing , mathematics , chemistry , history , biochemistry , geometry , archaeology , geomorphology , gene , geology , operating system , computer network
The process of turning a promising chemical compound into a safe and effective drug is both expensive and risky. Effective strategic planning is vital to ensure that investment in staff and equipment is used productively and that an acceptable output of products can be maintained. But methods of planning in common use do not deal satisfactorily with the uncertainties. This paper sets out an analysis of the process and describes the use of a simple model to establish a strategic plan. The model allows the output, resource efficiency and robustness of a plan to be examined. Important conclusions about the relative distribution of resources between different activities are drawn and the effects of possible changes in regulatory requirements are explored.