Regulatory Affairs teams can speed time to market through innovative registration strategies and effective submissions development. Regulatory also plays a role in maintaining patient access to product and optimizing profitability through effective life-cycle management. The business case for regulatory transformation should, therefore, focus on maximizing revenue and minimizing the costs of poor quality, in addition to driving process efficiencies.
Read Deloitte Consulting's whitepaper on the value of a holistic RIM capability, covering the potential cost savings and revenue gains from doing RIM right.