Part I: The Global Pharmaceutical Regulatory Affairs State of the Industry Report 2020
This February, Informa Connect and Pink Sheet at Informa Pharma Intelligence surveyed pharmaceutical regulatory professionals from around the world. Over 160 respondents from across pharma, biotech, software firms and law told us which hurdles they saw in global regulatory affairs.
78% of the survey respondents were based in Europe. The remaining were based in Asia (8%), Middle East (6%), North America (4%), S America (2%) and Africa (2%).
The majority worked in pharma and biotech companies and just over half in organisations with 500 or more employees. 16% are employed by software providers/consultancies, and 9% in law firms.
53% held roles in regulatory affairs within their organisations, 20% in regulatory operations and 11% in information management.
As part of the survey, we asked what was the major obstacle in the way of globally harmonising pharmaceutical regulatory affairs.
Amongst the responses, politics stood out as the most mentioned barrier for global harmonisation, with nationalism and competition between authorities as a common theme.
Alongside political interests, respondents recognised the unique requirements and cultures of each country as an important sticking point. Some even indicated a divide between eastern and western regions.
A large number of respondents highlighted that technological challenges were either all or partly to blame for the delay in harmonisation across different countries. Examples included lack of software, infrastructure and data formats alongside levels of expertise and training within local industries.
Some respondents suggested that current levels of collaboration between organisations within the pharmaceutical industry were not sufficient to achieve regulatory harmonisation.
Other respondents argued that financial challenges were underlying as a major barrier.
Meanwhile, a few respondents remained confident that there were no real challenges delaying regulatory harmonisation.