Precision Tree Pharmaceutical User Group

User Group Details

Date:  2024-03-07

Time:  12 p.m. EST | 6 p.m. CET

This meeting discusses indication sequencing in the biopharma industry and the application of PrecisionTree to investigate the best clinical trial sequence for a novel drug targeting multiple diseases.

Once a novel molecule is granted patent protection, there is a limited window during which the value of this asset can be maximized. Because of competitive pressures, it is no longer feasible for companies to pursue diseases (or lines of therapy within the same disease) sequentially. Rather, once clinical proof of concept (POC) is established, it is incumbent on companies to make hay while the sun shines and capture as much commercial value under patent protection. In the course of doing so, careful attention must be paid to the degree of risk, level of investment required, and timeline to product launch for each strategic alternative.

With the use of PrecisionTree, this presentation demonstrates how the risk-adjusted net present value of an asset can be affected dramatically by the choice of strategic alternative to pursue multiple diseases sequentially as well as concurrently. Several features of the PrecisionTree are highlighted, including the use of Bayesian revision and sensitivity analysis to highly uncertain parameters.


About the Presenter

Dr. Richard Bayney is the President & Founder of Project & Portfolio Value Creation (PPVC), a consulting firm that provides training in various areas such as project, program, and portfolio management. He lectures at the University of Pennsylvania and delivers masterclasses in risk analysis, and decision analysis and portfolio management worldwide. He is a frequent speaker in ‘Portfolio & Resource Management, Risk Analysis & Risk Management, and Strategic Planning in Drug Development’ and consults in several industries including pharma and biotech, consumer care, medical devices and diagnostics, and agriculture.
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Thalia M. Mulvihill, Ph.D., works as a Professor of Higher Education and Social Foundations in the Department of Educational Leadership at Ball State University. Dr. Mulvihill is a historian and sociologist of higher education. She teaches several qualitative research methods and academic writing courses for doctoral students and has authored eight books as well as over 90 refereed publications, co-edits The Teacher Educator journal, and is the recipient of numerous teaching, research, and mentoring awards.
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Morbi at fringilla arcu. Nulla et cursus massa, vel viverra eros. Donec est tortor, iaculis lobortis fringilla eu, tempor sit amet nulla. Vestibulum vestibulum fermentum arcu, non vestibulum libero sagittis eget. Suspendisse porta lacus lorem, vel tincidunt justo fringilla eget.

Morbi at fringilla arcu et cursus.

Morbi at fringilla arcu. Nulla et cursus massa, vel viverra eros. Donec est tortor, iaculis lobortis fringilla eu, tempor sit amet nulla. Vestibulum vestibulum fermentum arcu, non vestibulum libero sagittis eget. Suspendisse porta lacus lorem, vel tincidunt justo fringilla eget.

Morbi at fringilla arcu et cursus.

Morbi at fringilla arcu. Nulla et cursus massa, vel viverra eros. Donec est tortor, iaculis lobortis fringilla eu, tempor sit amet nulla. Vestibulum vestibulum fermentum arcu, non vestibulum libero sagittis eget. Suspendisse porta lacus lorem, vel tincidunt justo fringilla eget.

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Morbi at fringilla arcu. Nulla et cursus massa, vel viverra eros. Donec est tortor, iaculis lobortis fringilla eu, tempor sit amet nulla. Vestibulum vestibulum fermentum arcu, non vestibulum libero sagittis eget. Suspendisse porta lacus lorem, vel tincidunt justo fringilla eget.

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