Creating Value - Compressing Time - Refining Burn Rate Forecasts: The Molecule Development Team (MDT)

Product development in health sciences is complex and costly. It can take many years to gain marketing approval for a new drug, device or diagnostic. And while there are many potential potholes along the development highway, there are also numerous opportunities to accelerate development and create benefits for all stakeholders. The Molecule Development Team (MDT) construct at Covance is specifically designed for these tasks! Indeed, programmatic outsourcing to our team can create substantial savings for asset/portfolio development with up to 30% savings in time and/or cost. In this white paper we discuss many of the advantages of programmatic outsourcing to a Covance Molecule Development Team - advantages described not only in terms of time but also in terms of a refined management of burn rate.