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Optimizing the discovery organization for innovation.

Frank Sams-Dodd¹

¹Boehringer Ingelheim Pharma GmbH, D-88397 Biberach a.d. Riss, Germany. Frank.Sams-Dodd@bc.boehringer-ingelheim.com

Drug Discovery Today

|August 2, 2005

Summary

This study proposes strategic management methods to boost innovation in early drug discovery. Implementing tailored team composition, organizational structures, and portfolio management can enhance the transformation of innovative ideas into viable drug projects within the pharmaceutical industry.

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Area of Science:

Pharmaceutical industry
Drug discovery
Strategic management

Background:

The pharmaceutical industry excels at drug development but often lacks specific strategies for early-stage innovation.
Early drug discovery requires a focus on innovation and transforming novel ideas into project pipelines.

Purpose of the Study:

To propose strategic management methods for enhancing innovation in early drug discovery.
To address the gap in specialized organizational structures for the innovation-centric phase of drug development.

Main Methods:

Development of strategic management techniques.
Focus on team composition, organizational structure, and management principles.
Implementation of portfolio management strategies tailored for innovation.

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Main Results:

Proposed methods are designed to increase the level of innovation in early drug discovery.
The strategies aim to improve the transformation of innovative concepts into drug projects.

Conclusions:

Strategic management can be effectively adapted to foster innovation in early pharmaceutical research.
Tailored approaches to organizational structure and management are crucial for maximizing innovation potential in drug discovery.