This
course has been carefully designed to encourage and
facilitate optimal interaction between attendees.
With participation restricted to senior executives
(director level or higher) from the pharmaceutical
and biotech industries, speakers and attendees bring
considerable knowledge to the timely topics that will
be covered. Some of the strategic and operational
questions that will be addressed include:
- What major factors
affect R&D productivity and how can it be
improved?
- How can people be
managed, motivated and inspired more effectively?
- What are the implications
of the genomic and informatic revolutions on the
industry?
- How can knowledge
be created, shared and utilized more productively?
- What experiences
will produce better integration of all these factors?
As
an attendee, you can expect to gain insight and actionable
advice on these and other more specific issues. You
will be asked to complete an optional survey prior
to the conference, indicating both topics of particular
interest to you, as well as your areas of expertise.
Responses will allow us to provide you with names
of other attendees you will find particularly beneficial
to seek out for conversations.
Case
studies, workshops, panels and ample time for networking
will ensure the opportunity for you to share your
own experiences and to learn from your peers. To further
encourage discussion and interaction, the course will
be closed to vendors and the media (except for sponsors),
and all discussions will be confidential. In order
to maintain a non-commercial atmosphere at the meeting
there will be no exhibits permitted.
ATTENDANCE
IS BY INVITATION OR QUALIFICATION ONLY
Attendance
at this forum is by invitation or qualification only
to ensure that the audience consists of senior level
executives (director level or above) from pharmaceutical
and biotechnology firms. This restricted access approach
guarantees that the level of experience represented
in the audience will be extremely valuable for networking
and discussion purposes. To increase these opportunities,
delegates and speakers will be asked to complete a
pre-conference survey indicating areas of expertise
and interest in strategic issues, so that people sharing
similar experience can be matched prior to the event.
Session
One: R&D Productivity
The efficiency
of the drug development process has come under fire,
with calls for significant reductions in the length
of time required and high cost. At the same time,
the industry faces the prospect of trying to address
many new targets about which little may be known,
integrate powerful new technologies, and overcome
resistance to change. Improved R&D productivity
will clearly be a major factor in distinguishing industry
leaders from those that lag.
Opening Remarks
R&D
Productivity Trends, Issues, and Prospects
Pharmaceutical R&D has been fully
transformed during the past few decades. In the late
1970s and throughout the 1980s, companies centered
around reengineering, chemistry, and genetics work.
Later, in the 1990s, applying technology became the
focal point, with companies developing discovery simulations
and virtual R&D. Now, we face perhaps the most
complex and least quantifiable challenge for R&D:
managing human dynamics. Companies must coordinate
teams, manage workflow, integrate groups, and discover
ways to work more effectively and efficiently on an
increasingly global scale. This talk will present
the varied history of the R&D function and discuss
what we can expect for the future based on experiences
of the past and present. I will address which factors
driving our work today will set the stage for companies'
performance down the road and how they can create
a path for performance improvement in R&D in an
ever-changing and increasingly competitive market.
Metrics
for Determining Productivity Gains from Genomic Information
Genomic and proteomic data represent both
an opportunity and a challenge for the drug discovery
and development process. More detailed information
at the molecular level, as well as detailed pathway
information, can result in better validated targets,
more of a basis for structure-based design, and cleaner
drugs through examination of potential cross-reactivity.
But those expecting to measure the benefits of this
information being available strictly in terms of reduced
development time may be disappointed. Metrics that
take into account target novelty, target quality,
drug efficacy, and competitive positioning, as well
as time and investment cost, must be balanced to arrive
at a truer picture of the impact of genomics on drug
development productivity.
Productivity Benchmarking within R&D
Productivity benchmarking involves a comparison
of strategies and specific steps employed within a
company to examples of best practices that can be
identified elsewhere within the industry. Such comparisons
can bring to light certain changes that can be relatively
easy to implement, particularly when improved communication
results from making people aware of the right questions.
Several specific examples will be reviewed, along
with the practical and strategic impact of changes
brought about by the benchmarking process.
Case
Study of R&D Productivity Analysis
As the race to capitalize on human genetic
information enters a new phase, it is important to
understand and address the bottlenecks in the target
identification and validation pathway. The advent
of automation to molecular and cell biology has created
the opportunity for higher throughput and higher content
phenotypic analysis. One accelerator in the field
has been the parallel synthesis of adenoviral gene
expression vectors to enable phenotype analysis of
expression of a library of genes. The process is not
without caveats, and other high throughput tools are
required to complete the arsenal. A specific case
study will be presented and discussed.
SESSION
TWO: CONCURRENT ORGANIZATIONAL BEHAVIOR WORKSHOPS
Drug development
is increasingly dependent upon the quality and skill
of the people employed. Getting the most out of these
people, retaining the best, and having them work effectively
together doesn't just happen. These four workshops,
each dealing with specific organizational challenges,
will be offered twice, enabling attendance at two
out of the four. A summary of lessons emerging from
the workshops will then be provided by workshop leaders
as a roundup to the session.
A. Unleashing
Team Competencies to Achieve Business and Performance
Goals
If your organization is thinking about
jumping on the "team bandwagon," this is
a must-see session. Teams are not the panacea for
all corporate challenges, although they can be extremely
beneficial if you're trying to tackle complex or transformational
issues. EquiPro International and Pfizer, Inc. have
worked together over the past six years to orchestrate
and launch many teams throughout the world. During
this session you will learn from the experiences of
Pfizer and other companies how to:
- Use a World-Class
Readiness Checklist to assess whether your organization
is prepared to support teams;
- Structure and launch
world-class teams;
- Work with key stakeholders
to support and measure team success;
- Diagnose and develop
teams and team leaders for world-class performance;
- Work to ensure senior
executive participation and support of teams.
B. Scaling
HR Training and Retention Programs to Meet Skill and
Talent Needs for Growth: Shared Perspectives and Incorporating
New Technology Tools
As the war for talent wages and the pressures
to increase quality and quantity of New Molecular
Entities (NMEs) entering the consumer market become
greater, all at lower cost, companies are faced with
how to balance the apparent diametrically opposed
priorities and still do good science. Certainly key
to the hope of achieving this duality in priorities
is getting the right talent with the requisite skills
when you need them and then keeping them. This workshop/break-out
session will explore a staffing agency's perspective,
discuss some relevant case studies on successful application,
engage the participants in what they've used and have
seen work, and then wrap up with a synthesis of the
ideas presented in the hourlong session.
C. Mentoring
Programs: Recent Developments, Future Strategies
Mentoring is still the most time-proven
way to develop people. By working with a wide variety
of Fortune 500 companies, Corporate Mentoring Solutions
has experienced first hand the sweeping revolution
taking place in mentoring. This session will benefit
you if can answer yes to one or more of the following.
- Does your company
have a mentoring initiative that can be enhanced
with new ideas?
- Does your organization
want to start a mentoring program but doesn't
know how formal or informal it should be?
- Do you want to learn
more proactive methods to mentor others?
The mentoring
session will enable you to determine what the implications
of five recent, major developments in corporate mentoring
triggered by demographic and technical changes, legal
issues, and globalization are for your company.
The session will cover five forward-looking strategies
and their implications for your organization. These
include three types of alignment, multilevel leadership,
and new mentoring options. During both sessions, participants
will have the opportunity to sample an Online Mentoring
Solutions System-a new electronic tool for mentoring
programs.
D. Encouraging
Entrepreneurial Thinking in a Conservative Environment
Are managers developing the entrepreneurial
skills needed for organizational effectiveness in
the knowledge economy? Understanding the role of entrepreneurial
thinking as a discipline is becoming essential for
management performance, especially in a knowledge-based
organization. In this session you will capture the
nucleus of entrepreneurship, creativity, and innovation
as managerial practices based on the fundamental principles
for managing knowledge as capital. During this session
you will:
- Evaluate innovation
and creativity as essential knowledge management
tools;
- Identify the growing
role of creativity in effective leadership;
- Learn the six steps
to "jump start" entrepreneurial thinking
in a conservative environment;
- Discover the power
of innovation to elevate the value of organizational
resources;
- Diagnose today's
trends that reveal tomorrow's reality.
Identification
of Health Genes Based on Studies of Centenarians
There is a substantial distinction to
be made between the genetics of aging and the genetics
of exceptional longevity. Twin studies suggest that
the average set of genetic variations facilitate the
average human's ability to live well into his/her
octogenarian years, spending the majority of those
years in good health. However, many people counteract
such genetic endowment with poor health habits resulting
in a substantially lower average life expectancy and
relatively more time spent in poor health. To live
beyond the octogenarian years, life span experiments
in lower organisms and mammals and population and
molecular genetic studies of centenarian sibships
indicate that genetic factors play an increasingly
important role as the limit of life span is approached.
These factors are likely to influence basic mechanisms
of aging, which in turn broadly influence susceptibility
to age-related illnesses. Lacking genetic variations
that predispose to disease and having variations that
confer disease resistance (longevity enabling genes)
are probably both important to such a remarkable survival
advantage. Recent studies indicate the likelihood
that such factors will be elucidated in the near future.
SESSION
THREE: INFORMATICS AND POST-GENOMIC DRUG DEVELOPMENT
High-throughput methods are resulting in a huge
increase in the volume and type of genomic and proteomic
data available to researchers. Increasingly comprehensive
data at the molecular level, however, do not immediately
translate into knowledge without sophisticated informatics
for interpretation and data mining. To what extent
will the paradigm of hypothesis-driven empirical research
be replaced by observation-driven and computational
approaches? What are the implications and challenges
of these shifts?
From
Genomics to Discovery
The completion of the human genome provides
the foundation for developing new understanding of
biology and, ultimately, new diagnostic and therapeutic
products. Celera's strategy has been to employ high-throughput
techniques for acquiring complementary biological
information including sequence, SNP, and proteomic
information and to apply highly sophisticated bioinformatics
for interpretation and analysis of these data. Perspectives
on how these capabilities will be integrated to discover
new targets and markers and ultimately new therapeutic
and diagnostic products will be presented.
Productively
Utilizing the Flood of Genomic Data for Impact across
the Drug Development Pipeline
Multiple novel technologies have recently been
developed to improve the analysis of genetic sequences,
to rapidly assess RNA or protein levels in relevant
tissues, and to validate the function of potential
new drug targets. The challenge facing pharmaceutical
research is one of effective integration of these
new technologies in ways that can maximally affect
the discovery and development pipeline. Database mining
and transcriptional profiling have clearly increased
the number of putative new drug targets; hence much
of the current focus is toward assigning function
to new gene targets using a variety of high-throughput
functional genomic and target validation technologies.
To enable this we need to incorporate parallel processes
into our traditionally linear progression from gene
identification, functional elucidation, target validation,
screen development, and beyond. In this presentation
several examples will be given that illustrate how
Bristol-Myers Squibb is tackling these issues.
Implications
and Challenges of Bioinformatics under Post-genomic
Conditions
The rapid increase in the volume and diversity
of genetic, genomic, and proteomic data has placed
enormous challenges on the field of bioinformatics
to manage these data and to play a pivotal role in
the translation of these data into information and
into knowledge. One significant challenge is making
sure that these data, information, and knowledge are
available to the right people at the right time in
the right format to facilitate better decisions. Finding
effective ways to integrate diverse types of data
across different databases represents both a major
challenge and a huge opportunity for mining to find
novel relationships and interactions. As more and
better information becomes widely available, the expertise
with which it is managed and analyzed will increasingly
become the basis of competitive advantage for the
creation of new medicines.
Impact
of Pharmacogenomics on Pharmaceutical Strategies
Few developments have as much potential to impact
the shape of the competitive pharmaceutical landscape
as pharmacogenomics. Whereas the traditional strategy
has been to identify opportunities for blockbuster
drugs and markets, pharmacogenomics seems to run counter
to this by slicing up patient populations into smaller
segments. Much of the pharmaceutical aversion to pharmacogenomics
may be the result of applying it to drugs that have
been developed, as they enter the clinical evaluation
stage, rather than using it as early as target selection.
Pharmacogenomics may also have significant impact
on pricing and marketing messages, once higher rates
of efficacy can be demonstrated for more selective
populations. Panelists will share opinions and perspectives
on the strategic implications of pharmacogenomics,
as they see the developments taking place.
Prospects,
Potential, and Hurdles for in Silico Research
The proliferation of potential drug targets has
made it even more clear how important it has become
to be able to employ simulation approaches for evaluating
our understanding of biology and potential targets.
As the cost of doing empirical wet lab studies continues
to increase relative to computational efforts, economics
alone dictates increased use of these tools. How accurate
do models need to be in order to provide useful insights
or substantial competitive advantages? Executives
from two of the leading developers of in silico models,
based on quite different approaches, provide an assessment
of how the field has progressed, what challenges still
need to be met, and the prospects for more widespread
application of the technology in the future. Perspectives
of end-users of the technology may also be provided.
Session
Four: Knowledge Management
With more
information becoming available about biology and target
structures, chemical compounds, diseases, and clinical
populations, drug development is very much an information
science. Effective knowledge management involves learning
as an organization, sharing information and transforming
information into value. The nature of the tasks required
in this area are shifting, but clearly those organizations
that do the best job of managing information will
have a competitive advantage.
Support
Your Knowledge Management Initiative with Innovative
Technology
In today's fast-moving, increasingly complex
environment where intellectual capital drives the
pharmaceutical industry, companies that can leverage
their internal knowledge and expertise will increase
their competitive position. The main challenges to
implement a Knowledge Management Initiative relate
to three main categories: business/strategy direction,
human/collaboration environment, and the role of information
technology. In this session, we will focus on the
third aspect-the role of information technology. Challenges
and methodologies to be addressed prior to bringing
a technology based solution will be presented.
Competitive
Intelligence: Knowledge of a Different Kind
In most biotech and pharmaceutical companies
the intelligence functions have not yet moved out
of first "gear." Skills and systems necessary
to get to the targets are largely underdeveloped.
Information is used by many managers more as a means
of exercising influence rather than gaining new insights
on opportunities, crises, or radical changes. However,
what counts today more than ever before is efficiency
and speed by which companies build and utilize this
knowledge. Precondition for long-term survival and
success is knowledge about competitors' pipelines
and their strategies. The presentation focuses on
ways that companies can use competitive intelligence
to achieve their goals and get market superiority
for their products.
Brilliant
Opportunities and Sophisticated Burdens in Assessing,
Protecting, and Exploiting Intellectual Property
There are recent changes in U.S. patent
laws that have a stunning impact on the strength of
a company's patents in the marketplace, as well as
on the ability of a biotech company to obtain patent
protection at all. What should a biotech company know
about the new patent laws and policies to protect
itself effectively? What strategies should the company
now employ to create and enforce its patents? Competitor
patents may now be much weaker in strength and scope;
how can these patents be assessed and exploited? What
new approaches should a company take to avoid a competitor's
patent? This presentation addresses the brilliant
opportunities and sophisticated burdens that the patent
laws now afford.
Maximizing
Knowledge Flow into and within R&D: The People
Aspect
The people aspect of knowledge management
initiatives in pharmaceutical R&D is often underestimated
or overlooked entirely as most of the effort goes
into implementing information technology tools. As
a result, a significant portion of the expected benefit
from these initiatives is never realized. This presentation
outlines how the flow of knowledge into and within
R&D can be maximized by tackling the people aspect
proactively. We will show how to map and analyze scientific
communication networks using innovative ideas derived
from "small world theory" in order to increase
the leverage from both internal and external experts.
And we will discuss how to remove the cultural and
organizational barriers that often impede the flow
of knowledge.
SESSION
FIVE: INTEGRATION
There are
numerous specific pieces that contribute to the success
of a company, but often the real value of management
is seen in the way in which these pieces are brought
together. Companies that previously worked as autonomous
departments and insulated organizations have given
way to greater collaboration. The lines between departments,
discovery, and development, within the company and
outside, as well as across national boundaries, have
been blurred. Managing the challenges presented by
this integration requires being prepared for new approaches,
creative thinking, and adaptation, but the difference
in results can be enormous.
Financial
Implications of Impression of Pharmaceutical Integration
Strategies
In the short run,
the value of pharmaceutical companies is largely based
on earnings generated by marketed drugs. In the longer
run, however, confidence in how well the company is
integrating responses to changes in the competitive
market affects perceptions of how well the company
will be able to develop new therapies over time. This
confidence, or lack of it, will ultimately drive stock
valuations. What strategies are companies employing
that increase investor confidence that they will be
productive enough to compete more effectively in the
future? Are there specific approaches or signs that
suggest that a company is relying on outdated thinking
and that they will increasingly fall behind industry
standards?
Integration
across Multiple Locations and Cultures
In the era of very large Drug Discovery
organizations with multi-site, multi-national and
multi-partner activities it is difficult to understand
what the organization is presently doing and has already
done. This presentation will aim to address some of
the issues with globalization vs local autonomy. This
will look at the presentation from three aspects,
picking drug targets, data integration, and global
technical/technology groups.
Integration
of Technology and Business to achieve Productivity
and Revenue
For large pharmaceutical companies, technology
is the key to increased productivity and the efficient
prosecution of therapeutic pipelines to meet critical
growth targets whereas for many biotechnology companies,
technology is a launching point from which to enter
into the discovery and development of therapeutic
products. Despite large expenditures on technology
components, productivity enhancements within big pharma
have been elusive. Critical to achieving hoped for
productivity is the integration of disparate technologies,
restructuring processes to utilize new capabilities,
and organizational change management to take advantage
of scales inherent in systems biology approaches.
Platform companies leveraging technologies to enter
into therapeutic development face the challenge of
integrating their technology through partnerships
and alliances to achieve revenue while developing
early pipelines. Successful execution of these strategies
requires functional coordination of science, technology,
and business. How, When, Where, Examples.