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Author: | Stonebraker, J. S. |
Title: | How Bayer makes decisions to develop new drugs |
Journal: | Interfaces
2002 : NOV-DEC, VOL. 32:6, p. 77-90 |
Index terms: | Decision analysis Pharmaceutical industry |
Freeterms: | Drugs industry |
Language: | eng |
Abstract: | Drug development is time consuming, resource intensive, risky, and heavily regulated. To ensure that it makes the best drug-development decisions, Bayer Pharmaceuticals uses a structured process based on the principles of decision analysis to evaluate the technical feasibility and market potential of its new drugs. DB had analyzed s few had analyzed a few business cases for review by Pharma. |
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