Industry Advisory Board Development

Long-Acting Delivery in Pharmaceuticals & Life Sciences - Advisory Board Development

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Situation

Our client wanted to better understand the potential for long-acting delivery (LAD) in the pharmaceutical and life sciences industries.

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Objective

The objective was to set up an advisory board for our client and establish best practices for such an advisory board.

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Our Work

In Phase I, 10EQS assessed how other materials-focused companies, both large corporations and start-ups, structure and run their industry advisory boards. Based on that, 10EQS defined recommendations and organizing principles for the client’s advisory board.

In Phase II, 10EQS sourced and qualified 6 advisory board members for the client to interview and contract with. 

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Project Team

• Ex-McKinsey Management Consultant with strong life sciences & medical devices industry background
• Ex-Deloitte Consultant supporting content synthesis
• 10EQS Delivery Operations (=PMO) providing quality assurance, process management and expert recruitment
• 4 industry experts; 6 advisory board members

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Industry Experts (sample)

Phase I

• Partner; VP, Market Access – Life Sciences Co
• Director of Commercialization – Life Sciences Co
• Consultant & Investor; VP, Corporate Development – Life Sciences Co

Phase II

• Senior Scientist – Major Brand University
• Oncologist - Major Academic Medical Center 
• Principal – Regulatory Affairs, US Public Authority

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Results

The client was able to set up an industry advisory board comprised of 6 board members. 10EQS defined recommendations for the operating model of the advisory board.