A Best Practice Website

Given the tremendous pressures on the bio/pharmaceutical industry, it is no wonder that the industry is intensely engaged in a reconsideration of how it develops drugs. It is our position that many of the lessons learned from the way drugs have been developed will always apply to Bio/pharmaceutical R&D 1 no matter what organizational models are adopted by drug companies. This website intends to enumerate these lessons and provide them to the community as guidelines to success regardless of the particular style of management organization. Its emphasis is on Portfolio Management, and in particular, best practice for Discovery Portfolio Management. Readers in Development Portfolio Management or other pursuits within the Bio/pharmaceutical, Biotechnology and Life Sciences Industry are likely to find useful information here as well.

There is a difference between Best Practice and the specific needs of any bio/pharmaceutical organization. Please refer to the Section Levels of Project and Portfolio Management.

The author recently found himself in early retirement after 31 years in the bio/pharmaceutical industry and began to search the web for information outside his parent company on topics of interest to him and was surprised at the relative lack of a cohesive set of information on the management of Drug Discovery. So he decided to set about creating such a website himself.

  1. Bio/pharmaceutical here includes both small molecule and protein agent and is intended to include companies that pursue both types of agents or the so-called biopharmaceutical companies who specialize in therapies based on protein agents.