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Products & Services ╗ Medical AffairsMedical Education

Best Practices in Funding US Fellowships:áUsing Pharma Grants Effectively to Support Post-Graduate Education

ID: POP-307


Features:

6 Info Graphics

8 Data Graphics

64 Metrics

1 Narratives


Pages: 20


Published: 2019


Delivery Format: Shipped


 

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919-403-0251

  • STUDY OVERVIEW
  • BENCHMARK CLASS
  • STUDY SNAPSHOT
  • KEY FINDINGS
  • VIEW TOC AND LIST OF EXHIBITS
Many pharma organizations provide fellowship grants for post-graduate medical education, especially for scientists/clinicians to potentially advance understanding in therapeutic areas that power the company’s portfolio.

However, organizations often differ in how they fund and manage fellowship grants. Some companies provide dedicated funding for fellowship programs while others provide funding for a limited number of fellowships.

Best Practices, LLC conducted this benchmarking research to inform Medical Affairs leaders and those who oversee fellowship grants of current trends in the funding, application and review process for U.S. fellowship grants to support U.S. post-graduate medical education.

Industries Profiled:
Health Care; Pharmaceutical; Biotech; Manufacturing


Companies Profiled:
Eisai; Verastem Oncology; Allergan; Astellas; EMD Serono; Sanofi Genzyme; Mallinckrodt; Teva Pharmaceutical Industries Ltd; Lundbeck; Vifor Pharma

Study Snapshot

Best Practices, LLC engaged 10 Medical Affairs and grant leaders from 10 leading biopharmaceutical companies in this research through a benchmarking survey. All responses were US-focused.

Key topics covered in this report include:

  • Functional group that funds fellowship grants
  • Use of dedicated budget for fellowships
  • Total fellowship funding as a percentage of total IME budget
  • Fellowship activities funded through grants
  • Funding of individual fellowships vs. an overall fellowship program
  • Fellowship application & review process


Key Findings

Select key insights uncovered from this report are noted below. Detailed findings are available in the full report.


  • Fellowship Budget and Funding Trends:
    • Medical Affairs funds US fellowship programs through IME program: The 9 companies in the study that fund fellowships all have Medical Affairs funding their program (1 company in the study does not fund fellowships).

      • All 9 companies fund fellowships through their Independent Medical Education (IME) program.

  • Fellowship Application and Approval Process:
    • Fellowship application process is public and often follows process for other grant types: Five companies (78%) make their process for requesting fellowship grant public and use same process as other grant types; 2 companies make the application process public but use a different process than other grants.

      • Most companies (89%) use the same group to review and approve fellowships and other grants.
      • Quality of the [education] training environment was the most-used evaluation criteria for fellowships.
Table of Contents

I.
Executive Summarypgs. 3-9
Study Objective and Methodology
Study Participants
Key Findings
II.
Fellowship Funding and Activitiespgs. 9-15
Funding Function
Funding Source
Dedicated Budget
Fellowship Support as Percentage of IME budget
Funding Limits and Activities
Funding Individual Fellowships vs. Fellowship Programs
III.
Fellowship Application and Review Processpgs. 16-19
Application Process
Review Process
Fellowship Evaluation Criteria
Institutional Partnerships
Best Practices

List of Charts & Exhibits


I. Fellowship Funding and Activities

  • Organizational group(s) funding US fellowship programs
  • Whether fellowship programs are funded through Independent Medical Education (IME) program or not
  • Presence of a dedicated budget to support US fellowship programs
  • Expected increase or decrease within the next 2 years in dedicated US fellowship programs budget
  • Funding for US fellowships as a percentage of total independent medical education budget
  • Limits to the type of fellowship-related activities that can be funded through a US fellowship grant
  • Activities that can be funded through fellowship grant
  • Funding individual fellowships vs. fellowship programs

II. Fellowship Application and Review Process

  • Fellowship program application and review process with program evaluation criteria
  • Institutional partnership support with accredited academic medical centers
  • Activities included in the US partnership agreements
  • Group/function(s) providing the funding for US institutional partnerships
  • Best practices to enhance the effectiveness and/or impact of a US fellowship program