BDO's Health & Life Sciences Rx Podcast

Author: BDO USA

BDOs Health & Life Sciences Rx Podcast, hosted by The BDO Center for Healthcare Excellence & Innovation and the Life Sciences practice, seeks to provide insights into the trends disrupting healthcare and how companies can adapt and evolve in an ever-changing business landscape.
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Language: en

Genres: Business News, Health & Fitness, News

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Knowing When to Call It Quits in Drug Development and Healthcare Innovations
Episode 10
Friday, 22 May, 2020

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 pipelineHow leaders can redivert organizational resources after ending a programWhy drug development failures can ultimately lead to positive outcomes