
PART C CAREER FAST TRACK
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Pharmaceutical development is a complex, risky and time-
consuming process. In a substantial majority of cases,
pharmaceutical companies abandon research on new drugs that have
undergone clinical testing but have not received marketing approval.
Both the extent to which, and the speed at which, the development
Solution The risk consultancy role was reduced to focus on process only
while the responsibility for risk management was set clearly with the
project teams. This made the process far more effective and also saved a
considerable amount of money.
Learning Risk managers cannot manage risk. The ...