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A critical makeover for pharmaceutical companies: Overcoming industry obstacles with a cross-functional strategy. PwC

A critical makeover for pharmaceutical companies: Overcoming industry obstacles with a cross-functional strategy. PwC report.

Going all "cross-functional" or "breaking down silos"?

"Compounding the external obstacles, however, is the internal culture of most pharma companies. This is an industry that has long operated through disparate components — silos that separated R&D, commercial, production, and supply chain. And, in turn, these walled-off parts of the organization have been disconnected from the external-facing parts, which are responsible for managing relationships with regulators, policymakers, the medical community, and the rest of the industry. These silos can obstruct patient access and breed inefficiency and waste. They affect drug approval time and pricing, influence support for specific drugs by the medical community, and seriously hinder financial performance."

The report outlines how medical education within medical affairs can be reactive, tactical, strategic, and leading.


Source: strategyand.pwc.com

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