Clinical development is the process of testing new methods of diagnosing, treating, or preventing health conditions in humans. It involves conducting clinical trials, which are experiments with a health intervention to obtain sufficient evidence for its effectiveness and safety. Clinical trials are essential for bringing new medicines, vaccines, medical devices, and diagnostic assays to the…

An innovation network is an organizational structure that enables faster and more efficient implementation of business innovation. It can exist within a company or across different companies. An innovation network consists of different actors who contribute their diverse perspectives, expertise, resources and knowledge to the innovation process. Some of the benefits of an innovation network…

Devices and IVDs. Medicinal products and devices are both subject to the rules of the single market and have a direct impact on people’s health. However, they have different definitions, legal frameworks and regulatory procedures. According to Directive 2001/83/EC, a medicinal product is a substance or combination of substances that is used for the treatment…

Big data is a term that refers to the large and complex datasets that are generated by various sources, such as social media, sensors, e-commerce, etc. Big data poses many challenges and opportunities for businesses, researchers, and policymakers who want to extract valuable insights from it. However, managing, analyzing, and interpreting big data requires specialized…

Biotechnology is one of the most innovative and promising fields of science and engineering, with the potential to revolutionize medicine, agriculture, energy, and many other sectors. However, starting a biotech company is not an easy task. It requires a lot of research, development, testing, and regulatory approval, which can take years and cost millions of…

Outsourcing services in clinical development is a common practice in the pharmaceutical and biotechnology industry. Outsourcing can offer many benefits, such as reducing costs, increasing efficiency, accessing specialized expertise, and focusing on core competencies. However, outsourcing also comes with some challenges, such as managing quality, communication, timelines, and risks. Therefore, it is important to have…