In the pharmaceutical industry, there are many options for contract manufacturers to work with drug makers. For example, drug development can be very costly and is often outsourced. Once a drug has been developed, companies will often contract the drug manufacturing itself and the commercial product...
This is augmented with insight on how toapply the framework to academic, government and NGO evaluationswhere 'profits' are not always measured in purely economicterms. Implementing ROI in the evaluation process facilitates go/no go decisions and the comparison of projects using a simple,consistent ...
What Does Patent Mean? A patent is a legal right to an invention given to a person or entity without interference from others who wish to replicate, use, or sell it. Patents are granted by governing authorities and have a time limit, usually 20 years. What Are Some Examples of Patents?
margins revealed the average net profit margin is 7.71% across different industries. But that doesn’t mean your ideal profit margin will align with this number. As a rule of thumb, 5% is a low margin, 10% is a healthy margin, and 20% is a high margin. But a one-size-fits-all ...
Despite FDA’s backtracking in this instance, we are at the beginning of the end of the GLP-1 shortage, and there is already significant agitation by patients about what it will mean for their access to weight loss drugs. For their part, compounders have had different reactions to what come...
In a pharmaceutical context, this could mean testing a completed drug batch. If your critical quality attributes aren't achieved, the batch is discarded and a new one created. With this in mind, let's look closer at the quality assurance vs control breakdown. ...
The API is a set of procedures, protocols, and functions (the software itself) that allows at least two other pieces of software or applications to ‘talk’ to each other and share data. It is most often a form of sharing data just one-way for updating purposes, rather than both softwar...
Traceability is also important in test and measurement because many technical and quality industry standards require measurement devices to be traceable. For example, traceable measurements are required in the medical device, pharmaceutical, aerospace, military, and defense industries as well as in many ...
What Is Procurement? Procurement refers to the process that organizations use to find and buy the materials they need to operate. Think of a pharmaceutical lab, for example. Inside that lab you might find all the equipment needed to perform scientific experiments: beakers, test tubes, chemicals...
The role of AIQ in data integrity Data integrity in regulated laboratories is the focal point in the pharmaceutical industry. It is important to realize the significant contribution that AIQ makes to data integrity. This is best demonstrated by a four layered Data Integrity Model11. Figure 2 ...