Why we launched The Product Compound.

Product development is tough.

Whether you're steering the ship solo at a startup crafting a groundbreaking medical device, or part of a large product team at a tech giant overseeing features used by millions, the challenge remains the same: making sure your product wows users while driving business success.

The complexity ramps up when you factor in the timelines of biotech and pharma. In these industries, launching a new product might win cheers from stakeholders or scientists, but proving its worth to the bottom line or drug pipeline is a whole different ball game. Plus, product managers in these fields often grapple with unconventional "products" like data assets or research initiatives, making standard frameworks and methods a poor fit. Add in traditional waterfall processes, with their risk aversion and regulatory hurdles, and true innovation can feel like a distant dream.

That's where The Product Compound comes in.

Our mission: 

To revolutionize how pharma companies collaborate with product managers, turbocharging drug development in the process.

Our vision for product people:

• Foster a vibrant community of product professionals in pharma and biotech.

• Provide a forum for tackling challenges and sharing insights.

• Establish and refine best practices tailored to the unique demands of pharma.

• Cultivate talent and drive innovation within pharma and biotech product teams.

We're not just here for product folks. 

Our vision extends to all corners of pharma and biotech:

• Define and promote the role of product within pharma, offering resources to educate colleagues.

• Forge stronger connections between product teams and other disciplines.

• Showcase the unique value that product management brings to the table, integrating it seamlessly into R&D functions.

How do we plan to make it happen?

Education: Develop comprehensive resources to demystify product management in pharma and biotech.

Advocacy: Champion the importance of effective product management, backed by real-world success stories.

Community: Foster networking opportunities and provide mentorship to propel careers forward.