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Best Practice Database
Medical Affairs » Structure, Staffing and Budgets
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An evolving regulatory landscape has pushed organizations to recognize that a robust Medical Affairs function can help them address challenges and expand efforts in clinical development, market education, and regulatory compliance. Certainly two factors that have a large impact on Medical Affairs groups' effectiveness across these activities are its budget and staffing.
This Best Practices, LLC study explores how U.S. and global biopharmaceutical companies are allocating their budget and FTEs. The study reviews how Medical Affairs budgets are allocated across different segments to give leaders insights into how they are spending their budget dollars. In addition, the study examines FTE allocations across the functions within Medical Affairs to provide insights into where organizations - and different segments - are emphasizing their focus, in terms of staffing. The study also looks at outsourcing levels and anticipated future staffing changes. Pharmaceutical, biotech and medical device managers and executives will be able to use this research to determine how their Medical Affairs organizations' budgets and staffing compare with industry benchmarks.
The study includes four segments: a mature markets segment from 2012 and 2009, a pharma segment, medical device segment, and an emerging market segment.