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Best Practice Database
Quality, Compliance and Regulatory » Assuring Quality Programs
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Biopharmaceutical companies spend millions to ensure their products meet Quality standards at every stage of the product life cycle, from R&D to post-market activity.
Facing tight budgets and escalating regulations, Quality leaders walk a tight rope in balancing quality and safety while managing costs and assessing risk. Across the myriad Quality activities, where are leaders currently spending the most? How do Quality leaders expect spend to change during the coming years across a key set of quality activities? What factors are driving cost of quality?
Research and consulting leader Best Practices, LLC undertook a new study to answer these questions and more. Topics addressed in this study include: how companies define and allocate Quality spend, and factors that impact spending levels. Leaders can use this research to compare their levels of spend across key Quality areas with their peers.
This study presents two segments on some questions: All Participants and Large Companies