International Journal of Management Technology (IJMT)

EA Journals

Leveraging AI for Strategic Decision-Making in Biopharmaceutical Program Management: A Framework for Risk and Opportunity Analysis

Abstract

Strategic planning remains essential for the biopharmaceutical industry because it runs programs through its highly complex regulatory structures based on extensive data. Drug development together with clinical trials and regulatory procedures contain various uncertainties that demand predictive methods capable of handling changing risks alongside emerging prospects. The emergence of Artificial Intelligence (AI) brought revolutionary changes to data analysis and outcome forecasting together with operational optimization improvements to organizations. The research develops an organized system for implementing AI-based methods in biopharmaceutical program management to boost decision-making accuracy while improving operational efficiency and speed. Real-time insights emerge from machine learning and natural language processing systems combined with advanced analytics data methods that assist biopharmaceutical operating entities to assess risks, identify opportunities and enhance their predictive capabilities. The utilization of AI enables organizations to discover new opportunities in addition to minimizing their risks. AI systems use predictive algorithms to mine data from patents and clinical trials and scientific publications which helps identify new therapeutic opportunities and unmet market requirements and potential business partnerships. Organizations gain strategic direction for portfolio management through these insights which allows them to select high-potential programs while they adjust rapidly to changing market needs.AI delivers significant value to clinical trial optimization as a critical healthcare application. The execution of clinical trials extends for long periods of time and requires large financial investments because recruitment problems combine with deviations from study protocols alongside management difficulties. AI systems utilize predictive models to determine candidate enrollment prospects in addition to suggesting ideal research sites and customized trial parameters matching experimental designs to treatment requirements through examination of healthcare datasets along with previous trial measurement records. NLP technology enables more efficient clinical trial design by helping with medical record screening as well as literature review tasks.The monitoring of regulatory agency updates and global approval patterns and jurisdictional policy shifts through AI helps development of regulatory strategies. The ongoing analysis enables businesses to modify their regulatory submission approaches and pathways so theymatch emerging regulatory requirements and expectations. The proposed framework starts AI adoption through specific use cases which grows alongside developing AI capabilities. The successful implementation depends heavily on data scientists working together with clinicians and regulatory experts and program managers.

Keywords: biopharmaceutical program management, framework for risk and opportunity analysis, leveraging AI, strategic decision-making

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This work by European American Journals is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 4.0 Unported License

 

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Email ID: editor.ijmt@ea-journals.org
Impact Factor: 5.78
Print ISSN: 2055-0847
Online ISSN: 2055-0855
DOI: https://doi.org/10.37745/ijmt.2013

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