The Pharmaceutical Challenge: Innovation and Efficiency an Unlikely Pair
Innovation and risk have fueled the pharmaceutical industry since its inception. Manufacturers place their bets in the form of basic research, co-development, licensing and joint ventures. Hundreds of millions of dollars are required to take a promising formula to trial, where only a handful of the prospects will emerge as blockbuster drugs.

The Fundamentals of Product Information Management
According to AT Kearney “roughly $1 million for every $1 billion in sales” is lost due to poorly maintained and synchronized product information. Furthermore, “30% of item data in catalogs used by retailers and manufacturers for replenishment of stocks is in error [costing] $60-$80 [per error] to address.”