Throughout the course of my career, I have been involved in a wide range of portfolio decisions and continue to be involved in them today. Over the years, it has been observed that despite cultural differences, pharma teams face similar problems.
The opportunities to invest in new technologies in drug discovery are broad and extensive. Knowing where to place your investment and ensuring return on these investments is critical to ensure future success. The application of portfolio and project management (PPM) tools, along with scientific expertise, is important to ensuring transparency and alignment in applying the technologies, as well as, measuring the impact of the investment on the drug discovery pipeline.