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Research (R&D)

Pharmaceutical Metrics

Measuring and Improving R&D Performance

Publication Date January 2006
Publisher Gower Publishing
Product Type Book
Pages 156
ISBN Number 0-566-08676
Product Code GOW00010

Price

£75.00
approximately: $114 | €84

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Summary

'What gets measured gets fixed' and this is as true of the pharmaceutical industry as any other. The problem is that pharmaceutical businesses are complex. Drug research and development involves extended and expensive processes; defining appropriate metrics for these processes is not easy, yet ineffective or misguided metrics can be more damaging than none at all.

David Zuckerman's Pharmaceutical Metrics is an extremely practical guide to selecting a system, selling it to top management, choosing and defining the right metrics for your system, communicating and displaying the results. And because metrics are about how to shape and develop your business, he explores how to deploy them organization-wide and make sure that they are driving business improvement.

In order to reflect the needs of different types of pharmaceutical company the author uses four sample companies, throughout the book, to illustrate the principles for 'big pharma', 'micro pharma', a virtual development company and a CRO.

This highly practical book provides a step-by-step guide to creating a state-of-the-art, strategy-driven metrics system for pharmaceutical R&D, supported by case studies of the techniques applied and tips for optimizing the system.

Reviews

'This book's discussion of metrics and use of examples for the pharmaceutical industry is outstanding. The focus of this book may be the pharmaceutical industry, but the approach should be used in any business situation that measures and evaluates processes. I finally have a standard metrics reference for my team to utilize.' Timothy D. Hoos, Director, R&D Finance, Outsourcing, and Contracts

'This a book that should reside on the desk of everyone involved in Pharmaceutical R&D, a book that should not only be read but used as a reference guide by all senior staff.' Bill Taaffe, President Corporate Development, ICON Clinical Research

A welcomed and needed addition to the field of drug development. David Zuckerman, a noted expert in this area brings a rigorous, quantitative, and disciplined approach to the planning and management of projects in the pharmaceutical industry. This is an important guide and resource for anyone working on bringing a drug product forward through R&D, registration, and commercialization.' Jeffrey W. Sherman, MD, FACP, Chief Medical Officer and Executive Vice President, NeoPharm, Inc.

'I read this book with great pleasure. It is concise and fun to read, particularly that the topic is a relatively abstractive one. People who read this book will realise that while it may not be difficult to compile a metrics report, it is a challenging job to do it right. As the environment requires us to develop new medicines efficiently and cost effectively, you will find this book a valuable resource for improving trial and drug development performance.' Gen Li, Ph.D., MBA, Head of Development Operations Productivity, PGRD Pfizer Inc.

Contents

Chapter 1: The Case for Metrics

Three Principles of Measurement
Example Companies

Chapter 2: Selecting a Metrics System

Identifying Metrics System Goals
Gaining Commitment to Your Metrics System
Gaining Management Support
The Metrics System Questionnaire
Three Classes of Metrics Systems
Case Studies
Summary

Chapter 3: Creating the Foundation Using Strategy Maps

Linking Actions to Goals
Strategy Mapping
Case Studies
Summary

Chapter 4: Developing Performance Metrics

Goals of Performance Metrics
Types of Performance Metrics
Choosing the Right Metrics
How Many Metrics?
Defining Your Metrics
Metrics – Usual and Unusual
Case Studies: Metrics for Example Companies
Summary

Chapter 5: Rounding Out Your R & D Scorecard: Developing Financial, Customer and Organizational Growth Metrics

Key Metrics Categories
Developing Financial Metrics
Developing Customer Metrics
Developing Organizational Growth Metrics
Case Studies
Summary

Chapter 6: Metrics Tips and Tricks

Summary

Chapter 7: Displaying Your Metrics

The Ideal Display System
Types of Display Systems
Summary

Chapter 8: Closing the Strategy Loop

Deploying Metrics Throughout the Organization
Using Metrics to Improve Performance
Summary

Index