Benchmarking the Pharma Industry’s Medical Affairs Functions (2nd edition)

Report Overview

Medical Affairs departments serve many stakeholders: patients, physicians, payers, commercial departments, R&D, and the list goes on. These responsibilities must be handled while keeping pace with an evolving industry and ever-changing regulatory environment. To gain a current perspective on the Medical Affairs function, ISR interviewed Medical Affairs professionals at Top 50 pharmaceutical and biotech companies. These professionals shared their perspectives on topics such as the role of Medical Affairs within their organizations, how their departments are structured, and key challenges faced by Medical Affairs employees. ISR also collected insights on department size, outsourcing practices, and department funding.

What you will learn:

• Determine where your company’s approach to the Medical Affairs function may be different from a typical industry approach and the benefits and drawbacks that may result.
• Gather information on Medical Affairs structures and headcounts employed by other organizations to provide a new perspective from which to consider your departmental alignment.
• Learn about common industry approaches to practices such as outsourcing and effectiveness measures within Medical Affairs.
• Understand how Top 50 pharmaceutical companies are using social media as well as the benefits afforded by using these platforms and their accompanying challenges.

Major Topics:

• Goals of Medical Affairs
• Involvement in Product Development Process
• Medical Affairs and Social Media
• Best Practices for Collaborating on Medical Affairs Work
• Medical Affairs Department Size and Structure
• Effectiveness Metrics
• Outsourcing Behavior
• Main Departmental Challenges & Potential Solutions
• Medical Affairs Budget
• Future Predictions
• Best Practices and Recommendations