High Potency Active Pharmaceutical Ingredients (HPAPIs) are vital in oncology, allowing the production of targeted cancer therapies. These compounds deliver effective treatment at low doses, making them essential for minimizing adverse effects while maximizing therapeutic impact. This quality has caused a significant increase in the demand for HPAPI manufacturing in oncology.
In the CDMO industry, 100% of projects encounter unforeseen challenges (risks), which can lead to increased costs, delays in meeting milestones, or changes in the scope of activity. Hence, risk management needs to be seen as a beacon that steers the course correction of projects. As a guiding light, risk management needs to be addressed and embraced throughout the life cycle of a project.
Proposals are a critical part of a business because they are the starting point in the business’s evolution from concept to reality. Without knowing how to prepare and write proposals, the business will never be able to get off the ground successfully. While this is true for many industries, it is particularly relevant for a contract development and manufacturing organization (CDMO) serving the biopharma market. A successful CDMO begins with the ability to deliver a winning proposal.
80% of NMEs in clinical developments are outsourced by small pharma companies every year out of the 13,500+ preclinical/clinical programs in 2020/21 in the pharmaceutical industry. This leads to an ever growing need to find, nurture and partner with the right contract development and manufacturing organization (CDMO). With a 9 to 12-month window to file an IND and similar aggressive timelines for other phases of clinical programs, that’s a lot to get done in a very short time!
The focus on customers and their needs is central to the success of any organization. Delivering a delightful customer experience is not only expected, it’s essential for any business that hopes to progress.
