Rethinking Life-science's talent search

With the ever changing evolution of the gig economy, many industries have had to adjust to meet the demands of the market to continue to ensure that they were still hiring top talents, that goes for industries like Pharma and Biotech. As outlined in this Pharma Exec article published this year, Pharma has been considered the employer of choice for a long time, an industry where many employees would jumpstart their careers as they sought the opportunity to grow within a company or move comfortably to another industry employer. 

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Teaming Up for Success: A Clora Case Study

This privately held biopharmaceutical company is developing new therapies for orphan diseases in ophthalmology.

Clora has worked on 9 projects with this company across 4 of its innovative ophthalmic products.

COMPANY PROFILE • $200+ MM in Funding
• 100+ Employees
• Greater Boston
THERAPEUTIC AREA Ophthalmology
INDICATION Orphan diseases
TECHNOLOGY/ PRODUCT Drug-device combination product 
INVESTORS     
Abingworth LLP - Life Science Investing-0 CopyIW Logo 1200px_0 Copyorbimedlilly-asia-ventures copy

 

COMPANY PROFILE • $200+ MM in Funding
• 100+ Employees
• Greater Boston
THERAPEUTIC AREA Opthalmology
INDICATION Orphan diseases
TECHNOLOGY/ PRODUCT Drug-device combination product
INVESTORS     
Abingworth LLP - Life Science Investing-0 CopyIW Logo 1200px_0 Copyorbimedlilly-asia-ventures copy

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Part 1: Clinical Trial Execution and Regulatory Strategy

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As its late-stage clinical development plans continued, the company wanted to do
everything it possibly could to de-risk the execution of their Phase III studies and
overall regulatory strategy. The company had previously used full-service CROs and
had decided to run their clinical trials by utilizing a hybrid outsourcing model due to
quality and budget issues they had encountered.

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Clora furnished the company with a small group of experienced operators in
ophthalmology who had previously executed similar Phase III programs with
precision.

The company was able to deploy a team of proven consultants to assist with project
management, site management, and clinical monitoring activities. Additionally, an
experienced regulatory expert assisted with their preparation for regulatory
interactions with FDA and identified potential issues within their NDA
application package.

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consultants-2

 

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The company was concerned about outsourcing its clinical studies to a service
provider that offered only an “off-the-shelf” solution. They knew they needed top
experts with deep experience in their unique therapeutic area.

For this reason, they decided to work with Clora to handpick a team that had the
precise therapeutic area expertise and regulatory expertise that was needed. By
doing so, the company was able to decrease ramp time, ensure ongoing compliance, and eliminate the need for any expensive remediation activities at the end of their pivotal trials.

Most recently, the company has completed a successful database lock of its Phase III
clinical trials, and is now interacting with FDA on their pending NDA submission.

 

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Part 2: Peri-Approval Activities

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The company was preparing to initiate commercial activities following the approval of their NDA. However, it was soon facing CMC challenges with their CDMO while in the midst of relocating their medical device manufacturing facility to support commercialization. In addition to requiring a mock inspection at their new manufacturing facility, they were also in need of software validation audit.

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Within days, Clora was able to match the company to seasoned, top-tier consultants with deep experience in ophthalmic drug and device development.

The client was able to handpick a small group of consultants that had previously navigated similar challenges for other companies during the Peri-Approval stage, and deeply understood what needed to be accomplished in order to gain FDA approval.

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consultants-1

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Within just one month, these consultants were able to identify and solve their nagging QA and CMC issues, enabling the company to comply with all FDA regulations and thereby initiate commercial activities without delay following years of development.

Rahul Chaturvedi
ABOUT THE AUTHOR | Rahul Chaturvedi
CEO, Clora

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