dossier meaning in pharmaceutical industry

PLM forms the product information backbone for a company and its extended enterprise.

Product lifecycle management(PLM) is the process of managing the entire lifecycle of a product from its conception, through design and manufacture, to service and disposal. The present manuscript focuses on product lifecycle management, problems and the key solutions for a successful product lifecycle management in pharmaceuticals. Leaders are actively implementing PLM and are reaping the benefits of fewer problems, lower costs, higher yields, employees armed to make good decisions, and audits that make everyone more confident as they access the information they need. Improved patient compliance, revenue growth, expanded clinical benefits cost advantages life extension exclusivity and quicker market launch are amongst the main applications of product lifecycle management. In pharmaceutical industry, it benefits through enhancing the lifespan of patent and pricing strategies. The product lifecycle management creates and manages a company's product-related intellectual capital starting from an idea to its final retreat. Product Lifecycle Management (PLM) has the opportunity to make pharmaceutical production more effective and with lower risk – even in this vastly complex environment.

Taddanpally (V), Pulkal (M), complexity of today’s pharmaceutical market requires more efficient drug development and production. S.P.Sethy*, Tahseen Sameena, Prathima Patil, K.Shailaja

Dossier meaning in pharmaceutical industry