Case study
Specialist pharmaceutical company
Outsourcing product development
“We’re looking to launch a new product or service, but we’re not confident we have the requisite capabilities”
Sourcing relationships can create or free up the capabilities you need.
Outsourcing product development allows more effective use of capital by converting fixed costs to variable costs. It also affords greater control over the rate of product development spend and enables the adoption of an incremental approach aligned to corporate commercial objectives and agreed risk profile.
PA was approached by a specialist pharmaceutical company focusing on women’s healthcare, to assist it with establishing a manufacturing process for a novel drug delivery system.
PA was involved in the product development and was also invited to advise on clinical and regulatory aspects of the clinical development programme.
PA also provided access to a network of suppliers and appropriate management controls, including risk reduction activities to increase the chances of success, ensuring that development activity and progress met shareholder expectations and investor demands.
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