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The Medical Affairs function at biopharmaceutical companies overlooks many aspects including clinical development, regulatory compliance and market education. However, developing and maintaining the function as a global group requires effective internal and external communication, strong reporting structure, and clear value proposition.
Best Practices, LLC undertook a benchmarking study to identify the critical requirements for developing successful global Medical Affairs capabilities. The study also benchmarks performance metrics to showcase the value of Medical Affairs to internal stakeholders.
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