“Fail fast” is a philosophy many use in every industry worldwide. It’s the notion of freely experimenting and learning throughout the process to make necessary changes to reach the desired outcome. Failing along the way, businesses learn more and make changes that will improve the final product. While some industries, such as information technology, decide…
Answering the CDMO shortage: A new paradigm for drug development
What can the pharma industry do about the critical shortage of contract manufacturing organization (CMO) and contract development and manufacturing company (CDMO) facilities? For a growing number of young entrepreneurial drug companies, the answer is a middle ground between building their own facilities and outsourcing to the saturated CMO/CDMO market. This middle ground lies in…