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Pfizer applies Lean principles to drug development. Requirements: Calculate the Research and Development (R&D) Cost per Drug for a project that spent Pfizer $500,000,000 over
- Pfizer applies Lean principles to drug development.
- Requirements:
- Calculate the Research and Development (R&D) Cost per Drug for a project that spent Pfizer $500,000,000 over 10 years and produced 5 successful drug candidates.
- Recommend strategies to reduce R&D costs.
- Discuss how reducing R&D costs aligns with Lean principles in pharmaceutical research at Pfizer.
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