Why Risk Management for Life Sciences?
The landscape for life sciences is a dynamic one.
Satarla helps organisations bring transparency to potential threats and opportunities, turning uncertainty into known information that fosters sound decision making and action.
THERE IS THEREFORE A STRATEGIC IMPERATIVE FOR ORGANISATIONS TO:
In addition, the external environment creates a rich source of changing uncertainty
How can Satarla help you?
Satarla’s life science consultants have developed a wealth of knowledge in the pharmaceutical, biotechnology, and healthcare sectors, having each spent an average of 30 years in the industry in a broad range of scientific and leadership roles.
Our experts have led major ERM change initiatives within a wide range of organisations.
Their experience in the business and science of the Life Sciences sector along with a deep understanding of enterprise wide risk management creates a unique opportunity to help other Life Sciences organisations create excellence in risk management.
AN EXAMPLE FROM PHARMA
Risks must be faced and taken along the development and value life cycle
EXAMPLES OF RISKS TAKEN
• Therapeutic Area
• Patent Development
• Target Patient Profile
• Product Design
• Clinical Design
• Manufacturing Design
• Commercial Strategy
• Supply Chain Strategy
• Price Optimisation
• Cost/COGS reduction
EXAMPLES OF RISKS FACED
• Probability of Success
• Clinical Outcomes
• Differentiation Outcomes
• Project Delays and Cost Overruns
• Market Dynamics
• Internal Business Dynamics
• Manufacturing & Supply Chain Challenges
• Patent Infringement