the brave new world of information professionals: juggling career changes with robin merrill elan...
TRANSCRIPT
The Brave New World of Information Professionals:
Juggling Career Changes with
Robin Merrill Elan Pharmaceuticals
SLA DPHT Meeting St. Petersburg, FLApril 8, 2008
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How I got to Elan
• About me: background as information specialist/manager at several management consulting firms and other professional services companies
▶ background in business research
▶ little pharmaceuticals/scientific experience
▶ MLS (Simmons College)
▶ BA, German (Smith College)
• Came to Elan October 2004:
▶ recruited by SVP who worked at one of the strategy consulting firms and came over with new CEO from Merrill Lynch
▶ named Manager of Market-Competitor Intelligence within newly-formed Corporate Strategy & Alliances, a new position
▶ office located in little brick house in Cambridge, rest of small team in NY and SSF; co-located with people from IR, marketing
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About Elan
• Medium-sized neuroscience-based biotechnology company headquartered in Ireland with large R&D facility in South San Francisco
▶ 2007: $570MM revenues, 2,000 employees worldwide
• 4 marketed products: Tysabri (MS), Prialt (pain), 2 off-patent hospital anti-infectives
• Pipeline and pre-clinical research programs in Alzheimer’s, Parkinson’s, MS/autoimmune
• Nanotechnology and contract manufacturing businesses in US and Ireland
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Embedded in Corporate Strategy
• My role is fully integrated into Corporate Strategy department:
▶ participate in monthly conference calls
▶ attend quarterly and annual offsite meetings
▶ responsible for annual data budget, manage db subscriptions etc
▶ based in tiny Boston office, have remote relationship with small team in NY, SSF
− virtual collection – no “library”
▶ formerly compiled weekly newsletter for team with edited therapeutic area/topic news, company/partner financials and events listings (now use LexisNexis Publisher)
▶ provide proactive/responsive research support for team
− deal comps
− pipeline products
− company/competitor research and profiles
− market research data
− partner with Library, Communications, IR, marketing managers, scientists, Legal, IT
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Time of Turbulence
• In 2004/5 Elan was in midst of turnaround, repositioning as biopharma/nanotech company from a larger, less focused one
▶ financial, legal, product challenges
▶ new strategies and executive team in place
▶ products sold off and several offices consolidated, shut down
▶ Tysabri taken off market shortly after launch due to AE (since re-introduced)
− Stock price dropped 90% overnight
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Impact on Information Services
• Lots of data redundancies from legacy operations
• Conducted company-wide global database inventory, partnering with Library, Finance, other depts, sister company, overseas locations
• Market Research dept dissolved – no longer relevant to refocused and slimmed down company
▶ took on information budget, slashed it to match current strategies and products
• Commercial Library in San Diego was consolidated within S San Francisco information center and office was closed, Librarian eventually left
• S San Francisco R&D Library reported to 2 different depts, staff turmoil, finally landing under my boss in June 2008
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AIM Services is Born
CEO
EVP, Corp Strategy, Communications, Branding, Commercial
AIM Services
Named manager of Library in June, 2007
▶Manage 2 FTEs and a part-time contractor in SSF remotely from Boston
▶ Responsible for budget
AIM enjoys top-level support and visibility
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Promoting/Rebranding and Rebuilding AIM Services Continues
• Team of 2 great new information specialists and part-time assistant
• Increased presence on intranet, post filtered newsfeeds via LNP
• Participate in weekly science group meetings
• Adding more databases/subscriptions/alerts based on user feedback and company priorities
• In-person visits with R&D managers to assess info needs
• Present at all new employee orientations in SSF, in-person & webex trainings
• Focus on developing user analytics to guide decisionmaking
• Processing lab notebooks and working with Legal on e-notebooks
• Company-wide IP/corporate document archiving initiative
• Implementing Quosa content management tool for Med Affairs, scientists, etc
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Library/Cafe Redesign Underway to Bring Scientists Together in Library
wall between library & cafe to be taken down, space created for knowledge-sharing, quiet reading, playing pool with scientists!
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Takeaways from my Experience at Elan
• Flexibility is key, “rolling with the punches”
▶ opportunities come from challenges
• Managing remotely is tricky
▶ need for enhanced & constant communication with staff, travel, hiring challenges
• Fusion of roles
▶ both embedded and traditional
• More partnering with other departments, not isolated
▶ co-located with other groups
▶ physical library as place for “knowledge sharing”
• Need to keep abreast of clientele’s needs continuously, gather metrics and change accordingly
• Top-level management support, flat hierarchy is best
• I’m glad I didn’t leave when the stock sunk to $3!