STREAMLINING THE PORTFOLIO MANAGEMENT TEAM
Portfolio Management Structure
Figure 1.1 : Dedicated Portfolio Management Groups..............25
Figure 1.2 : Dedicated Portfolio Management Groups: Global-Level..............25
Figure 1.3 : Dedicated Portfolio Management Groups: Affiliate-Level..............26
Figure 1.4 : Dedicated Portfolio Management Groups: Small Companies..............27
Figure 1.5 : Dedicated Portfolio Management Groups: Mid-Sized
Companies..............27
Figure 1.6 : Dedicated Portfolio Management Groups: Large Companies..............28
Figure 1.7: Portfolio Management Group Structure..............29
Figure 1.8: Portfolio Management Group Structure: Global-Level..............29
Figure 1.9: Portfolio Management Group Structure: Affiliate-Level..............30
Figure 1.10: Portfolio Management Group Structure: Small Companies..............30
Figure 1.11: Portfolio Management Group Structure: Mid-Sized
Companies..............31
Figure 1.12: Portfolio Management Group Structure: Large Companies..............31
Figure 1.13: Reporting Relationships in Portfolio Management..............33
Figure 1.14: Reporting Relationships in Portfolio Management:
Global-Level..............34
Figure 1.15: Reporting Relationships in Portfolio Management:
Affiliate-Level..............35
Figure 1.16: Reporting Relationships in Portfolio Management: Global
vs. Affiliate..............36
Figure 1.17: Reporting Relationships in Portfolio Management:
Company Size
Comparison..............37
Figure 1.18: Reporting Relationships in Portfolio Management: Small
Companies..............38
Figure 1.19: Reporting Relationships in Portfolio Management:
Mid-Sized Companies..............39
Figure 1.20: Reporting Relationships in Portfolio Management: Large
Companies..............39
Portfolio Management Resources and Support
Figure 1.21: Percent of Participants Satisfied with
Portfolio Management Resources..............46
Figure 1.22: Percent of Global-Level Participants Satisfied with
Portfolio
Management Resources..............46
Figure 1.23: Percent of Affiliate-Level Participants Satisfied with
Portfolio
Management Resources..............47
Figure 1.24: Percent of Participants Satisfied with Portfolio
Management
Resources by Company Size..............47
Figure 1.25: Portfolio Management Budgets by Company..............49
Figure 1.26: Portfolio Management Budgets Based on Number of
Investigational Drugs..............50
Figure 1.27: Portfolio Management Budgets Based on Number of
Marketed Drugs..............51
Figure 1.28: Percent Allocation for Portfolio Investments..............53
Figure 1.29: Percent Allocation for Global and Affiliate Portfolio
Investments..............55
Figure 1.30: Percent Allocation for Portfolio Investments by Company..............56
Figure 1.31: Portfolio Management Staffing per Company..............59
Figure 1.32: Average Staffing by Company Size..............59
Figure 1.33: Average Portfolio Management Staffing: Global vs.
Affiliate..............60
Figure 1.34: Product Investment Rankings: Global vs. Affiliate..............62
Figure 1.35: Product Investment Rankings by Company Size..............63
Figure 1.36: Factors Influencing Increased Portfolio Investments..............66
Figure 1.37: Factors Influencing Increased Portfolio Investments:
Global vs. Affiliate..............67
Figure 1.38: Factors Influencing Increased Portfolio Investments by
Company Size..............69
Figure 1.38: Factors Influencing Increased Portfolio Investments by
Company Size..............70
Figure 1.40: Factors Influencing Decreased Portfolio Investments:
Global vs. Affiliate..............71
Figure 1.41: Factors Influencing Decreased Portfolio Investments by
Company Size..............73
Portfolio Management Tools
Figure 1.42: Tools Used to Facilitate Portfolio
Management Activities..............76
Figure 1.43: Global-Level Portfolio Management Tools..............76
Figure 1.44: Affiliate-Level Portfolio Management Tools..............77
Figure 1.45: Portfolio Management Tools Comparison by Company Size..............78
Figure 1.46: Small Companies’ Portfolio Management Tools..............79
Figure 1.47: Mid-Sized Companies’ Portfolio Management Tools..............79
Figure 1.48: Large Companies’ Portfolio Management Tools..............80
IMPLEMENTING THE PORTFOLIO MANAGEMENT STRATEGY
Portfolio Management Activities & Timing
Figure 2.1: Departments Participating in Portfolio
Management Activities..............89
Figure 2.2: Global Departments Participating in Portfolio Management
Activities..............90
Figure 2.3: Affiliate-Level Departments Participating in Portfolio
Management Activities..............91
Figure 2.4: Participation in Portfolio Management Activities:
Company Size Comparison..............92
Figure 2.5: Large Companies’ Departments Participating in Portfolio
Management
Activities..............94
Figure 2.6: Mid-Sized Companies’ Departments Participating in
Portfolio
Management Activities..............95
Figure 2.7: Small Companies’ Departments Participating in Portfolio
Management
Activities..............96
Figure 2.8: Individuals Participating in Portfolio Management
Activities..............97
Figure 2.9: Individuals Participating in Portfolio Management
Activities: Global-Level..............98
Figure 2.10: Individuals Participating in Portfolio Management
Activities: Affiliate-Level..............99
Figure 2.11: Individuals Participating in Portfolio Management
Activities: Small
Companies..............100
Figure 2.12 Individuals Participating in Portfolio Management
Activities: Mid-Sized
Companies..............101
Figure 2.13: Individuals Participating in Portfolio Management
Activities: Large
Companies..............102
Figure 2.14: Portfolio Management Timing: Initiate Activities..............103
Figure 2.15: Portfolio Management Timing: Global-Level Initiation..............103
Figure 2.16: Portfolio Management Timing: Affiliate-Level Initiation..............104
Figure 2.17: Portfolio Management Timing: Small Companies’
Initiation..............105
Figure 2.18: Portfolio Management Timing: Mid-Sized Companies’
Initiation..............106
Figure 2.20: Portfolio Management Meetings..............110
Figure 2.21: Portfolio Management Meetings: Global-Level..............111
Figure 2.22: Portfolio Management Meetings: Affiliate-Level..............111
Figure 2.23: Portfolio Management Meetings: Small Companies..............112
Figure 2.24: Portfolio Management Meetings: Mid-Sized Companies..............113
Figure 2.25: Portfolio Management Meetings: Large Companies..............113
Figure 2.26: Portfolio Management Time Commitment..............115
Figure 2.27: Portfolio Management Time Commitment: Global-Level..............115
Figure 2.28: Portfolio Management Time Commitment: Affiliate-Level..............116
Figure 2.29: Portfolio Management Time Commitment: Small Companies..............116
Figure 2.30: Portfolio Management Time Commitment: Mid-Sized
Companies..............117
Figure 2.31: Portfolio Management Time Commitment: Large Companies..............117
Figure 2.32: Portfolio Management Success..............118
Figure 2.34: Portfolio Management Success: Affiliate-Level..............119
Figure 2.33: Portfolio Management Success: Global-Level..............119
Figure 2.35: Portfolio Management Success: Small Companies..............120
Figure 2.36: Portfolio Management Success: Mid-Sized Companies..............121
Figure 2.37: Portfolio Management Success: Large Companies..............121
Figure 2.38: Portfolio Management’s Greatest Barriers to Success..............122
Figure 2.39: Portfolio Management’s Greatest Barriers to Success:
Global-Level..............122
Figure 2.40: Portfolio Management’s Greatest Barriers to Success:
Affiliate-Level..............123
Figure 2.41: Portfolio Management’s Greatest Barriers to Success:
Small Companies..............124
Figure 2.42: Portfolio Management’s Greatest Barriers to Success:
Mid-Sized Companies..............124
Figure 2.43: Portfolio Management’s Greatest Barriers to Success:
Large Companies..............125
Developing a Licensing Strategy
Figure 2.44: Strategy Behind Inbound Deals..............138
Figure 2.45: Strategy Behind Outbound Deals..............138
Figure 2.46: Licensing Enters the Pipeline..............139
Figure 2.47: Number of Inbound Deals Per Company Per Year..............140
Figure 2.48: Number of Outbound Deals Per Company Per Year..............140
Figure 2.49: Number of Global Inbound Deals Per Company Per Year..............142
Figure 2.50: Number of Global Outbound Deals Per Company Per Year..............142
Figure 2.51: Number of Affiliate Inbound Deals Per Company Per Year..............143
Figure 2.52: Number of Affiliate Outbound Deals Per Company Per Year..............143
Figure 2.53: Cross-Functional Deal Making..............144
Figure 2.54: Company D’s Licensing Strategy Structure..............151