Article | June 3, 2024

How A Strong Regulatory Strategy Supports Your Product's Success

Source: ProPharma
GettyImages-1149286442 strategy trials

Pharmaceutical, biotech, and medical device companies often ponder the optimal timing for seeking strategic regulatory consulting assistance. Typically, the demand for regulatory support increases when in-house expertise is limited. This blog delves into the key elements essential for crafting a successful regulatory strategy.

These principles are particularly relevant to three types of companies. For those engaged in drug development, around 50% require a strategy from the project's inception, while others may necessitate a gap assessment if filings are already underway. Early-stage development involves contemplating multiple indications, with the selection of the primary indication dependent on various viability factors—commercial, scientific, regulatory, and manufacturing considerations. Regulatory strategy aids in assessing the expected regulatory effort for each indication, aiding decision-making.

For emerging companies, a comprehensive strategy assessment extends beyond regulatory pathways to encompass nonclinical, clinical, and Chemistry Manufacturing and Controls (CMC) aspects. The regulatory strategy aims to provide clarity on the optimal path to approval.

To develop a successful regulatory strategy, the following three elements are crucial.

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