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“The Special Compliance Challenges of Biopharmaceutical Enterprises”

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Presentation on theme: "“The Special Compliance Challenges of Biopharmaceutical Enterprises”"— Presentation transcript:

1 “The Special Compliance Challenges of Biopharmaceutical Enterprises”
The Fifth Annual Pharmaceutical Regulatory and Compliance Congress and Best Practices Forum November 15, 2004 “The Special Compliance Challenges of Biopharmaceutical Enterprises” Liz Lewis, Associate General Counsel, Commercial Millennium Pharmaceuticals, Inc.

2 Challenge 1: Focus on Innovation
Do the impossible/change the world Innovators of life saving technology Commitment to doing the right thing Reward “out of the box” thinking/acting Disdain of rigidity and inflexibility Resistance to process and formality

3 Challenge 2: “Rip Van Winkle Syndrome”
Pre-marketed products “bubble” Outdated information Lack of understanding of legal and regulatory environments Getting new challenges Increased responsibility Broader role Making a difference

4 Challenge 3: Resources Funding Personnel External pressures
Internal pressures Trade-offs (pipeline, personnel) Personnel Head count limitations Flexible & fluid job descriptions; Everyone is a “Jack of all trades”

5 Meeting the Challenges
Capitalize on culture of making the world a better place Recognize and address resistance to process Flexibility Matrix approach Become a strategic partner: know your employees and your products


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