Part 4mia

AcelRx Pharmaceuticals Inc. Comment by Carol: The title should be centered and NOT in bold. APA guidelines apply.

AcelRx Pharmaceuticals, Inc. is a specialty pharmaceutical company that was founded by Thomas A. Schreck and Pamela P. Palmer on July 13, 2005, its headquarters is located in Redwood City, California (“Innovative Therapies for Acute Pain,” 2017). It takes part in the enhancement and commercialization of inventive remedies for the treatment of moderate-to-severe pain. Its main product line comprises of DSUVIA, and ZALVISO (Johnson, 2017). All drugs that are made by this company are regulated by the Food and Drug Administration (FDA) and have been approved for sales and distribution to retailers, hospitals, and clinics. DSUVIA is set to be approved on the 12th of October 2017 (House, 2017). Comment by Carol: After the title, you are to begin with an introductory paragraph. What do you intend to present in the paragraphs that follow? Comment by Carol: Run-on sentences can be corrected by using the appropriate form of punctuation or by creating multiple smaller sentences. Do you know when to use a semicolon instead of a comma?

This organization serves to eradicate the problem faced by patients with a muscle injury, arthritis, pain after surgery and other severe injuries that may cause discomfort to the body. This in mind, the proposal sets out to make it easier for the organization to distribute their drugs at affordable rates, by setting up a commercial website where the stakeholders, the retailers, the staff and the public have transparency through sales made. The main aim of the proposal is to make the drug accessible to all but comes with a limiting factor to the consumer and the retailer. In mid-June, the ACRX stock was trading in the mid-$two range, closing as low as $2.05, thus being highly undervalued (Orelli, 2017). After analysis the company's drug pipeline and the products offered were on a potentially high demand, outweighing the downside. The stock shares are expected to rise to over $10, which totals to a 300% profit for shareholders (Orelli, 2017). Comment by Carol: You aren’t going to make drugs available to all. However, do you intend to create a web site?

AcelRelieverXP

Goals and Objectives Comment by Carol: Each key topic should be clearly identified using a level one heading. A level one heading should be centered, use upper- and lower-case letters, and appear in bold.

To develop software that helps commercialize innovative treatment methods that relieve acute pain. Comment by Carol: Are you creating a software application of some sort? How is software going to relieve pain? You may want to reconsider this as I don’t think it makes sense.

Overview

The project, AcelRelieverXP, sets out to create ease of mobility, such that patients can have their drugs delivered in the comfort of their homes, retailers are assured of quality drugs straight from the company through reliable delivery services that have been thoroughly vetted by the board. Comment by Carol: You are throwing out too many possibilities. You need to maintain focus on a singleproject.

Project background and Description

Today, owing to the advancements involving modern technology around the world, there is a growing need to make work easier by applying these developments. As such, the software serves as an online drugstore, whose performance is regulated, monitored and evaluated by the organization itself, as a way of boosting transparency with stakeholders. This is done by every transaction made between the organization and the general as administrators. The page comprises a database where records of what has been sold from the warehouse and the current stock can be traced easily. Comment by Carol: Are you familiar with programming? Are you creating some sort of software application? Comment by Carol: You project is going to entail more than a page of data.

The retailers’ database comprises of the drugs in stock at the warehouse and the delivery status of the drug they desire to buy. Their account is set up by the organization after validation of legal documents is done. Purchases are made at a wholesale price from the organization. The consumer sets up his profile, and after verification, the consumer gains access to the database. The consumer has to follow a protocol such as identity verification for their requirements to be filled to their specifications. This is to prevent drug users from exploiting the drugs for harmful purposes.

Project Scope

The main objective of AcelRelieverXP is to make purchasing of prescribed pain medication easier for consumers and retailers, without the fear of receiving counterfeit medication, overexploitation, and fraud. Comment by Carol: We will talk more about scope later in the term. Right now I am having a difficult time in understanding what it is that you would like to do as a project. What is your intent?

High-Level Requirements

The producer and the retailer must be approved by the FDA and equivalent licenses present in the software database. All retailers must have a Board of Pharmacy license and a certificate of completion from a recognized medical institution.

Deliverables Comment by Carol: Deliverables would be tangible. Some of the things you mention may be an end result, but they would not be deliverables.

Improved market strategies, improved recognition, improved transparency, consumer satisfaction, reduced delays, increase in market demand, and increased participation of shareholders.

Affected Parties Comment by Carol: You need to focus on the requirements for each assignment. You are talking about things that are not even identified in the Week 1 instructions.

Shareholders, the board of directors, the FDA, pharmacies, hospitals, clinics and the general public.

Affected Business Processes or Systems

Everything will be done digitally, meaning the number of staff in the company will increase.

Specific Exclusion from Scope

The Software is only available in the United States of America.

Implementation Plan

The project is to be implemented in four phases. The first phase includes setting up of the database in the organization and training of staff of how to use the database. The phase will also include identification of qualified retailers and relevant training on how to use the retailers’ database. The second stage will be the launch of the retailers’ database. The intermediary phase would be monitoring the success of the launch to see how retailers and the warehouses adopt to the system and correct any glitches that may arise. This phase also involves a control test between the retailers and a selected population from the public, as a control; to test if the retailer-consumer system is functional. The final phase is the launch of the system to the general public so that they can access the database and begin making their orders.

High-Level Timelines/Schedule

The project duration is 18 months where the first 12 months would be used to put the system into effect between the company and the retailer. The remaining six months would be the duration used for the scheduled control test. After the period has elapsed, the organization now has the mandate to launch the program to the general public.

Approval and authority to proceed

We approve the project as described above, and authorize the team to proceed.

Approved By: Approved By: Comment by Carol: A conclusion paragraph should be used to summarize the information presented.

Date: Date:

References

House, D. (2017). FDA action date tomorrow for AcelRx Pharma's pain med Dsuvia; shares up 1%. Retrieved 11 October 2017, from https://seekingalpha.com/news/3300459-fda-action-date-tomorrow-acelrx-pharmas-pain-med-dsuvia-shares-1-percent Comment by Carol: Modifications are needed to bring this into accordance with APA guidelines. Comment by Carol: A retrieval date is not to be included.

Innovative Therapies for Acute Pain. (2017). Aclerx.com . Retrieved 11 October 2017, from http://www.acelrx.com/pipeline/index.php Comment by Carol: The title of an article would not be shown in italics. However, a larger publication in which the article did appear would be in italics. Comment by Carol: Is this the author of the article?

Johnson, D. (2017). AcelRx Remains An Attractive Buy After Strong Run. Retrieved October 11, 2017, from https://seekingalpha.com/article/4112682-acelrx-remains-attractive-buy-strong-run Comment by Carol: The title of an article should not be in italics.

Orelli, B. (2017). Why AcelRx Pharmaceuticals Inc Jumped Higher Today. The Motley Fool. Retrieved 11 October 2017, from https://www.fool.com/investing/2017/10/02/why-acelrx-pharmaceuticals-inc-jumped-higher-today.aspx Comment by Carol: I would encourage you to review APA guidelines. If you do not have a manual, you may want to review apastyle.org.

Grading Guide