Development Stage Company |
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Companies that have not yet received (or sought) marketing approval have a unique set of needs from a safety perspective. Generally, development stage companies tend to spend less time specifically focusing on safety, most often considering it simply part of the development process and oftentimes unfairly expecting a development team to handle safety strategy and execution. There have been many recent situations where safety issues have interfered with the approval of compounds. New safety techniques provide ample opportunity to determine the safety profile of compounds and outline a comprehensive post-approval safety process that will clarify any outstanding safety questions. There are two general situations faced by development stage companies. In the first, the company is built around the entrepreneurial scientist and executes activities using internal resources. The second is where the company is based upon a financial model and outsources many aspects of development to remain, "virtual". Key safety needs can differ depending upon the situation:
SSI Strategy can serve as a VIRTUAL SAFETY HEAD for these companies. This service offers highly qualified safety physician support for such activities as designing data collection schemes, reviewing protocols, attending KOL and investigator meetings, analyzing data, and authoring any required summary documents. This includes individual patient safety analyses, summary of safety issues, and integrated safety summaries. We will also participate in FDA advisory committee meetings as necessary.
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Newly Market ProductsCompanies that are marketing newly approved products have a unique set of safety needs. These companies are quite dependent upon their first or second approved product and there is typically significant corporate focus on each serious safety report. These companies frequently struggle with questions about what capabilities to build and which to obtain from vendors (outsource). In most cases, either direction can work for a company, the most important thing is for management to decide and move forward with executing. SSI Strategy can assist with the decision as well as supporting the company in executing whichever decision is taken. Once a company decides that it wishes to create an internal safety function, several key decisions and activities follow:
For companies that choose to outsource, there are also many key decisions that follow:
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