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Simulating Approval Process for a New Drug

Ryan Roper -

This model simulates the process of obtaining FDA approval for a new drug. Although the example itself is drawn from the pharmaceutical industry, the techniques illustrated are applicable to any project in which you need to simulate a number of steps or 'gates' in order to complete the project.

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  • containers
  • conditional
  • cost
  • benefit
  • strategy
  • project
  • milestones
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