This
is an innovative Pharma Knowledge
Management solution architected by
customizing Lpcube TrueKM 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 managed
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.
