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The Life Sciences and Pharmaceutical industry faces significant challenges. A number of blockbuster drugs are going off patent. At the same time, the number of new product launches has fallen significantly.
Costs have risen. The total cost of launching a new product has increased five-fold since the ‘70s. Industry R&D expenditure has grown over 25 times in the same period; while R&D productivity has fallen. Plus there have been expensive product recalls.
Increasing regulatory pressures are compressing the window of time available to market a drug and recover the huge investments.
All along, the global demand for drugs continues to rise.
The pharmaceutical industry is therefore seeking a paradigm shift that is focused on:
- Outsourcing non-core functions
- Increasing productivity of R&D
- Collaboration and cooperation
With a team that combines direct pharmaceutical industry expertise along with considerable technological skills, Marlabs offers solutions to these challenges.
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- Clinical data management
- Pharmacovigilance and drug safety monitoring
- Supply chain management
- Regulatory compliance
- Sales force productivity
- Interactive training
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HCP Spend Reporting |
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Marlabs delivers flexible aggregate spend solutions that help you meet compliance, cost containment, and growth objectives. |
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Click here to learn more |
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