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A pharmaceutical company is applying Lean principles to drug development. Requirements: Calculate the Research and Development (R&D) Cost per Drug for a project that spent
- A pharmaceutical company is applying Lean principles to drug development.
- Requirements:
- Calculate the Research and Development (R&D) Cost per Drug for a project that spent $10,000,000 over 5 years and produced 3 successful drug candidates.
- Recommend strategies to reduce R&D costs.
- Discuss how reducing R&D costs aligns with Lean principles in pharmaceutical research.
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Business Statistics A Decision Making Approach
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
9th Edition
013302184X, 978-0133021844
