Regulatory Outsourcing: ''TO or Not TO"

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Regulatory Outsourcing : Thought Leadership webinar Thanks for joining! Stay tuned ..

Transcript of Regulatory Outsourcing: ''TO or Not TO"

Page 1: Regulatory Outsourcing: ''TO or Not TO"

Regulatory Outsourcing : Thought Leadership webinar

Thanks for joining! Stay tuned ..

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Introductions

Alan’s wisdom

MakroCare’s market view

Q/A

What we’ll cover

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About speakers today !

40 Years Pharma / RA Exp(25 in Big Pharma)Pharma International, Switzerland

15+ years ExperienceBD Director, MakroCare

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I’m Alan & my topics …

• Overview and Objectives • Rationale • Sponsor/ Manufacturer• Regulatory Affairs Vendor• Compare and Contrast• Summary• The best way forward

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Overview

To Outsource or Not to Outsource•Should you consider outsourcing or not•What to Outsource & what not to•Hybrid Models possible•Sharing practical experiences

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Objective

RA Vendor

• Practical implications• Suggestions

Sponsor/Manufacturer

Compare & Contrast

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Rationale

• Regulatory affairs- a basic essential• Workloads• Time-frames• Priorities• Regulatory compliance• Risk management• Strategic objectives

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Sponsor / Manufacturer

• Research and develop business ideas• Use available resources and “ know-how” • Competitive advantage • “Fast-Track” Activities• Costs• Training• Timeframes• Positive advantages

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Sponsor / Manufacturer

• Contractual obligations• Confidentiality agreements • Terms and conditions• Milestone payments• Exclusivity

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Reg Affairs Vendor

• Knowledge and experience• Resources• Flexibility• Speed & efficiency• Prioritisation• Regulatory intelligence• Benchmarking

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Reg Affairs Vendor

• Contractual agreements• Liability issues• Time constraints• Milestone payments• Regulatory Authorities

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Pros & Cons for both ..

•In-House•On-site•Collaborative•Hourly rates

•Outsourced•External venue•Independent•Pauschal payments

Looking Out

Looking In

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Additional Factors(1)

• Mergers and acquisitions• Restructuring • Optimisation endeavours• Tender business• Budgets• Confidentiality• Human resources• Market comparisons

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Additional Factors(2)

• Recommendations

• «Small is beautiful» ?

• Local / Regionl / International / Global

• Cultural aspects

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Practical Experiences

•From the large company looking for support

•From the smaller consultancy offering help

•From within the hybrid situation

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Summary of the Situation

• Where are we at present?

• Have additional aspects been covered?

• Areas of interest uncovered?

• General agreement / Differing opinions

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MakroCare’s market view

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18© 2015 MakroCare. All Rights Reserved. www.makrocare.com

AwardsYear

Established

Over 15 years of Life Sciences Core Consulting experience

1996(HQ:NJ,USA) Privately held

Global Access

14 Global Offices

Clients

8 of Global Top 20150+ Small/Mid-level

ISO 9001 ISO 14155ISO 27001 ISO 20000

Employees

650+ FTEs140+ Consultants

Proprietary Frameworks/Tools

NAVAVistaarRIMtrackjarTreeTULAClinMetanoiamNAAMmEDCmIRT

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Costs Global Headcount

•Lower margin products maintenance• Smaller affiliates support•Routine / established tasks• Low end work

• Expansion•Local Liaison• International reg intel• Mergers

•Headcount freeze•Sporadic peaks•RA seen as cost center• Short-term niche help

Outsource only for these reasons ..

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Established products life cycle Labeling Operations Publishing BPO (eg.. xEVMPD data entry)

Large

HA advisory in new regions Regulatory Strategy Regional/Local representation Localization (Labeling / Dossier formats)

Midsize

Regulatory Strategy Dossier development CMC advisory HA liaison / Pre-Meets

Small

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Vendor OptionsBest-of-Breed or Global ??

Global Consulting firms

Regional RA Vendors

CROs / BPOs

Independent consultants

Each comes with their baggage, what bag you need ?

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Current Outsourcing trends

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What type of vendor ?

Vendors need to fit “ in” your vision & your goals. Not other way round.

If « Outsourcing » word is not comfortable in your company,

you can name it as ….

Strategic Partner

Insourcing

Consulting

Staffing

SOW

FTE work

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Low High

•Pick based on your needs•Pick based on your company goals•Pick based on your budgets

How much to outsource?

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Good Luck

on your RA journey

For any questions, please email [email protected]