The structure of The Pharmaceutical Company

Question 1

What are the Three important points?

Answer 1

1. Governance
2. Strategy
3. Operational Delivery

Question 2

What are the Areas of Governance?

Answer 2

Financial and Stock Market Reporting regulation
•Competition Law
•Laws of the countries you are residing in
•Local Planning and community
BIG ONE Pharmaceutical Regulatory law
•Product Licence
•Manufacturing Licence
•Import and Export Licence
•Animal Experimentation Licence

Question 3

What is governance?

Answer 3

Renewed interest in the corporate governance practices of modern corporation

Question 4

Corporate scandals equals public and political interest in the regulation of corporate governance. TRUE OR FALSE?

Answer 4

TRUE

Question 5

What does Board consist of?

Answer 5

Chairman Independent
Deputy Chairman Independent
Company Secretary (Legal)
Non Executive Directors
Chief Executive Officer
(Chief Operations Officer)
Commercial Director
Human Resources Director
Research Director + Development Director
Finance Director
Manufacturing Director
International Director

Question 6

What are the Notable points about Senior Positions?

Answer 6

You can go to jail
•Always check Directors and Officers insurance
•Limited and public Limited Companies
•In your career beware of people with Fancy
Titles and Business cards.
•Note also other Non Board but accountable
Officers eg Chief Medical Officer. Chief
Veterinary Officer, QP’s

Question 7

Describe the Department structure?

Answer 7

Department structure
Head of Department (Senior VP or VP and 
HoD)
Admin and Departmental Secretary
Vice Presidents
Directors
Project Managers 
Can be internationally based with rotational 
Admin Lead.

Question 8

what are the pros and cons of Line Vs Matrix Management?

Answer 8

Matrix is members of a Department being fed
into MDTs (Multidisciplinary Teams)
•MDTs may have their leaders line managed.
•International VS local teams