Day 1: Monday, November 2, 2009

8:00 am Pre-Conference Workshop Registration

 

PRE-CONFERENCE WORKSHOP*

8:45 - 11:00 MAXIMIZING PORTFOLIO VALUE IN A TIME OF INCREASINGLY CONSTRAINED RESOURCES

How companies can assess economic value, risk and potential of life sciences assets and use them to maximize portfolio value within constrained resources
Life sciences assets including R&D, show high levels of uncertainty and decision flexibility. They also interact with each other in a portfolio. As such, traditional financial analyses have been ineffective in assessing economic value of them. At the portfolio level, interactions between assets make it difficult to assess risk and overall potential. Based on the recently published text book entitled, "Decision Options: The Art and Science of Making Decisions," this workshop demonstrates how companies can use market based valuations to better manage their portfolios.

  • How to assess a market based economic value for life sciences assets including R&D, licenses and patents?
  • How to develop a portfolio management process that maximizes value while providing guidance on risk and overall potential?
  • How to make selection, design and portfolio management decisions within R&D

Workshop Leaders:

Gill Eapen, MS, MBA, CFA, Managing Principal, Decision Options, LLC

Jennifer Miller, Executive Director, Pharmaceutical Sciences, Pfizer Inc.

* Separate registration is required.

10:00 - 11:00 Main Conference Registration

11:00 End of Pre-Conference Workshop, Beginning of Main Conference


MAIN CONFERENCE

11:05 Organizer’s Welcome

Micah Lieberman, Executive Director, Conferences, Pharmaceutical Strategy Series, Cambridge Healthtech Institute (CHI)

11:15 Chairperson’s Opening Remarks

Changing R&D Business Models
in a Contracting Industry

11:30 Flexible Resourcing Models for Clinical Development

James Kirwin, MBA, Assistant Vice President, Clinical Resources and Process Development, Clinical Development Operations, Wyeth Research

The quest for cost effective re-sourcing models has led Pharmaceutical and Biotech companies down various paths in order to balance Quality, Timeliness and Cost with varying degrees of success. We will critically examine various methods utilized by different companies and determine the critical factors necessary in order to achieve success.
With a culmination of over 20 years experience in the industry in various areas of responsibility focused on developing and managing flexible re-sourcing models, the speaker is uniquely qualified to describe all models historically and first hand, including the first Successful implementations of Strategic Outsourcing, Off-shoring and the use of the Functional Service Model in Big Pharma. The speaker will provide a unique non-subjective perspective on what works, why implementing flexible re-sourcing has been troubling in the industry and how to achieve flexible re-sourcing goals.

12:00 Managing Resources in an Ever-changing Organizational Landscape

Shannon Diehl, MBA, PMP, Associate Director, Resource Planning, Johnson & Johnson

Over the last four years the pharmaceutical division of J&J has experienced frequent organizational change. This has resulted in a constant reinvention of resource management methodology to maintain a grasp on shifting roles and responsibilities and to keep an organizationally aligned breakdown structure. Even before our nation’s financial crisis the Pharma industry was known to have their own crises in terms of products coming off patent, holes in product pipelines and skyrocketing development costs. Every company is experiencing organizational changes in an effort to increase efficiency and reduce cost. Based upon experience, the audience should:

  • Gain a respect for organizational complexities;
  • Realize that a one-size resource management methodology does not fit all;
  • Recognize that they should not expect a perfect, long term solution;
  • And learn a few strategies that will help them manage resources in their own ever-changing landscape.

12:30 Sponsored Luncheon Workshop (sponsorships available, please contact Arnie Wolfson +1.781.972.5431, awolfson@healthtech.com ) or Lunch on Your Own

1:55 Chairperson’s Remarks

Balu Balasubramanian, Ph.D., Executive Director, Research and Development, Head of India Operations, Bristol-Myers Squibb

2:00 Embracing the Changing R&D Business Models: Off-shoring, In-sourcing, In-Out Licensing and Risk-Sharing

Mohan Pandey, MBA, PMP, Head, Operations and Project Management, Biocon BMS R&D Center, Bristol-Myers Squibb India

2:30 Optimizing a Globalized Workforce (with a focus on Asia): Getting it Right

Eric Morfin, PMP, Ph.D., Executive Director, Project Management, Amylin Pharmaceuticals

Asia pivotal data is acceptable to FDA and EMEA. Cost is no longer the driver behind global clinical trials. Market access and speed of recruitment are the major drivers. The result is that at the corporate level and at the project level, we now have to optimize a globalized workforce. This requires an understanding of the tools but also an understanding of estimating techniques in other cultures. This presentation is based on the work done over the last 2 years by a biotech and a large pharmaceutical working in partnership on several global trials.

  • Gain an understanding of the tools required to develop capacity management models on a global scale. The audience should:
  • Be able to assess how the culture of each team member, foreign subsidiary or partner influences their estimating techniques and resource estimates.
  • Develop the ability to counter-balance for these cultural influences.
  • Gain an understanding of the monitoring mechanisms and communication channels required to maintain high quality data.

3:00 Networking Refreshment Break

 

INTERACTIVE BREAKOUT DISCUSSIONS

3:30 Break-out Discussion Groups:

Attendees will join a table with their peers and a moderator to discuss some of the more poignant questions facing the industry. It is an informal yet informative format that allows attendees to learn from each other and make some new contacts. To get the most out of this interactive session and format please come prepared to: share examples from your work, vet some ideas with your peers, be a part of group interrogation and problem solving, and, most importantly, participate in active idea sharing.

TABLE 1: Modeling the Portfolio of the Future: Will Today’s Cycle Time, Attrition, and Cost Models Remain Valid?

James F. Resch, Ph.D., Director, Strategic Intelligence, Discovery Strategy and Performance, AstraZeneca Pharmaceuticals, Inc.

  • How will changing expectations of regulators affect future industry investments?
  • What new evidence will be required to support pricing and reimbursement decisions?
  • Which therapy areas are poised for the biggest changes in clinical trials of the future?

TABLE 2: Building Partnerships between Project Management, Resource Management, Functional Management, and Finance

Eric Morfin, PMP, Ph.D., Executive Director, Project Management, Amylin Pharmaceuticals, Inc.

  • What are the pitfalls to avoid when trying to develop partnerships internally, between Project Management and other departments?
  • What is an “engagement model” that Project Management can use to establish trust, uncover real resource needs, and maintain a strong relationship with each department?

TABLE 3: Visualization of Management Information

Anders Persson, Ph.D., Director, Capacity Management, AstraZeneca

  • How to efficiently visualise volatile early development project data to support portfolio governance?
  • Is it possible to create a more agile R&D organization through smarter but still user-friendly visualization of project and portfolio data?
  • How to visualize risk?

TABLE 4: Modeling Base Business to Enhance Your Drug Development Trade-off Options

Melquiades de Jesus, Associate Director, Research & Development Operations, Resource Management, Capability Stewards, Bristol-Myers Squibb Co.

  • How do you assure the "climb is worth the view", when setting a process to forecast base business work?
  • What is the importance of creating a "feedback loop" between the forecast and time actual system (timecard)?

TABLE 5: End-to End R&D Resource Capacity Planning

Shannon Diehl, MBA, PMP, Associate Director, Resource Planning, Johnson & Johnson

  • What scope and levels of detail are considered value-added?
  • How do you approach early Research modeling?
  • How do you plan for Extensions (line, safety, compassionate use, etc.) and Medical Affairs Studies?

TABLE 6: Incorporating a “Globalized” Workforce and Other Resourcing Options into Capacity Management

Balu Balasubramanian, Ph.D., Executive Director, Research and Development, Head of India Operations, Bristol-Myers Squibb

Mohan Pandey, MBA, PMP, Head, Operations and Project Management, Biocon BMS R&D Center, Bristol-Myers Squibb India

TABLE 7: Aligning Portfolio & Productivity with Corporate Strategy

Mellor Hennessy, Ph.D., Global Portfolio Strategist, Business Performance & Continuous Improvement, Global Development, AstraZeneca

  • How do you use quality, cycle time and cost targets to drive performance in your R&D organizations?
  • What impact do these Corporate/R&D level targets have on project teams and portfolio governance at gates?
  • How do you recognize/manage tradeoffs between quality, cycle time, and cost metrics?

TABLE 8: Pursuing Operational Excellence: Competitive Advantages, New Operating Models, a New Lean Industry, and Learning from Resource Process Development beyond just Clinical

James Kirwin, MBA, Assistant Vice President, Clinical Resources and Process Development, Clinical Development Operations, Wyeth Research

  • What Pharma organizational model(s) would best promote Productivity/Innovation?
  • How can a Pharma organization implement Lean resource management?
  • What do you believe leads to competitive advantage in R&D?

TABLE 9: Giving Drug Development the Stage-Gate® Treatment

Jean-Claude Le Duc, Manager, Enrich Consulting, Inc.

  • What are the challenges associated with applying the Stage-Gate process (as formalized by Cooper and Edgett) to drug development?
  • What are the effective implementation strategies that have worked in your organization?

TABLE 10: Controlling Bias in Portfolio Management

Robin G. Foldesy, Ph.D., Vice President, Portfolio Management, Wyeth Research

The use of opinion and bias to make decisions is rooted in human nature. Despite the availability and use of sophisticated portfolio management tools, the introduction of bias is inevitable when building or restructuring a drug development portfolio. No Pharma company, large or small, is completely immune to the risk of decision-making based on opinion and bias. This round table will be an interactive discussion of:

  • Examples of different types of bias observed in portfolio discussions
  • The unwillingness to “let go” of a Loser and its consequences
  • The difficulty in overcoming “business as usual”
  • Processes or techniques successively used to avoid bias and promote objectivity

TABLE 11: Evaluating Benefit-Risk throughout Development as part of Portfolio Planning

Bonnie J. Goldmann, M.D., President, Goldmann Consulting, LLC, former Senior Vice President at Merck and Johnson & Johnson

  • More in-depth of specific issues which affect timing and success of a product
  • Detailed examples of REMS to provide the spectrum, detail and cost for maintaining a product on the market
  • How this information can be incorporated in portfolio decision-making

 

5:30-6:30 Networking Cocktail Reception

 

Overview | Monday | Tuesday 

 


For questions or suggestions about the meeting, please contact:
Micah Lieberman
Executive Director, Conferences
Pharmaceutical Strategy Series
Cambridge Healthtech Institute (CHI)
T: (+1) 541.482.4709
E: mlieberman@pharmaseries.com

For exhibit, partnering and sponsorship information, please contact:
Arnold Wolfson
Business Development Manager
Pharmaceutical Strategy Series
Cambridge Healthtech Institute (CHI)
T: (+1) 781.972.5431
E: awolfson@healthtech.com

For media and association partnerships, please contact:
Jim MacNeil
Vice President, Marketing
Cambridge Healthtech Institute (CHI)
T: (+1) 781.972.5441
E: jmacneil@healthtech.com