This
is an innovative Pharma Knowledge Management solution designed for Pharma or Life
Science industry. Like any other industry, the generic KM practices and systems
are also applicable for this sector.
Challenges
Average expenditures to get a
drug to market are about $800 million
Takes about 10-15 year for drug
discovery, development and approval lifecycle
Only one third of drugs
that make it to market deliver a positive return on investment
Source:
destinationkm.com
Why
Wise Pharma?
Operational excellence: Research and development should be effectively
management and productivity should be maximized using organization wide knowledge
strategy and initiatives.
Document library: Huge collection of documents
must be effectively organized and managed in digital format in line with the FDA
regulations. The data and knowledge associated with the clinical trial must be
efficiently managed.
High knowledge attrition or loss: Knowledge need
to be continuously nurtured, retained and shared with others effectively by institutionalizing
knowledge.
Driving collaboration: Facilitating knowledge sharing and collaborative
culture are necessary to converge the thoughts of all the people involved in the
research.
Project Knowledge Bank: Each research must be managed like a
project and the knowledge and lessons learned must be retained and reused using
Enterprise KM practices.
