Abstract

PRODUCT DEVELOPMENT STAGES-OVERVIEW

Dr. Krishna Madagoni* and I. Mounika

ABSTRACT

The pharmaceutical market requires more efficient drug development and production. Product Lifecycle Management (PLM) has the opportunity to make pharmaceutical production more effective and lower risk. The product lifecycle management creates and manages a company's product-related intellectual capital starting from an idea to its final development. The Pharma industry, it benefits through enhancing the life of patient and pricing strategies. Improved patient compliance, growth, expanded clinical benefits; cost advantages, Leaders are actively implementing PLM and are reaping the benefits of fewer problems, lower costs, higher yields, and audits that make everyone more confident. The present manuscript focuses on problems and the key solutions for a successful product lifecycle management in pharmaceuticals.

Keywords: Preformulation, pharmaceutical validation, Technology transfer dossier, Scale up, Exhibit batch.