This 3-day workshop will focus on important risk modeling principles and methods applied to translational research in drug development, while guiding participants through the main steps of building risk analysis models.
Module 1 (Day 1) of this 3-day workshop, will provide participants with a an introduction to risk analysis and Monte Carlo simulation. Participants will be introduced to distributions in modeling, visualization of probabilities, and a refresher in stochastic process.
In Module 2 (Day 2 & 3), participants will concentrate on fitting distributions, modeling uncertainty, sensitivity analysis, and example applications in early drug development.
Who should attend
The course is suitable to statisticians, pharma scientists, PK/PD modelers, Outcomes Research specialists, and any professional interested in the application of risk analysis methods to translational research in drug development.
The course is designed to encourage the modeler to develop problem solving skills through a variety of exercises and case studies, and will be useful for analysts interested in an introduction to risk assessment, as well as for those with some risk modeling experience and wanting to further deepen these skills.
*Prerequisites and required software*
Participants are required to bring laptops loaded with R, and a pdf reader. R is an open-source freeware that works for Windows, Mac, or Linux and can be downloaded free of charge from the R Project website. As R is updated constantly, please download the latest version before attending the course. Also, it is recommended that participants use a code editor to facilitate the writing and storage of code: we recommend Tinn-RTinn-R for Windows users, and RStudio for Mac users.
Prior experience using R or other simulation tools is not required.
Lunch will be catered. Coffee, tea and snacks will be provided. An optional fun, interactive social event at the beginning of the course, is planned and included in the course fee. This provides an excellent opportunity to relax, have some fun, establish some contacts, and sample some of the local culture.