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Define a global strategy for tech transfers
Ensuring global organizational alignment around a well-defined vision and objectives will help ensure investments are strategically focused on the most valuable capabilities. Having a strategic plan can also generate excitement among stakeholders and business partners to create a culture of innovation and collaboration.
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Build data foundations
To unlock the value in a fully digitized tech transfer process, life sciences companies likely need robust data management capabilities across their value chain to support new digital and analytical processes. Data structuring, accessibility, and accuracy are key to enabling the use of digital tools for process optimization, planning, and reporting.
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Welcome digital
Modern innovations in the tech transfer space rely heavily on digital tools and capabilities. Companies should not shy away from investing in digital tools and technologies for their tech transfer processes in the short term as a digital process will likely someday become the standard in pharmaceutical manufacturing.
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Embrace agility
Tech transfers are complex and constantly evolving processes that require agile and adaptable processes to quickly react to changing process plans or roadblocks. While standardization is a great goal for increasing organizational efficiency, the tech transfer process should still be fluid enough to accommodate accelerating timelines, new product modalities, and other considerations that could upset highly regimented processes.
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Explore the art of the possible
AI and GenAI have the potential to dramatically alter the way many companies conduct their business processes. To help ensure long-term competitiveness in the life sciences marketplace, companies should consider investing in innovative technologies and capabilities to stay ahead of trends in tech transfer process development.
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