New trends in life science emerge all the time – and companies may be left wondering how to respond, react, or participate in a fast-paced industry. Here, we’ve rounded up some recent newsworthy items and suggested resources for further reading and learning. Let’s get up to speed.
The cost of a cure
EuroNews reports on uncertainty over the pharmaceutical industry’s role in the search for new antibiotics as bacterial resistance increases. Pharma organizations maintain that finding new molecules is too costly to warrant further investment and are asking the European Commission to extend the exclusivity period of patents for more profitable drugs to allow reinvestment in the search for new antibiotics. The downside of longer patents? Potential price hikes for patients and limited availability of exclusive drugs.
Keep learning
- Understand what’s slowing down your product development efforts: What is the insight gap in life science?
- How optimizing launch drives operational success: What is launch excellence?
A need for next-gen R&D
Politico discusses the need for Europe’s life-science sector to develop strategic autonomy in healthcare by improving the current research and development ecosystem. Fewer new treatments, therapies, and drug approval submissions come from Europe than from the US. Patients may miss out on the health and economic benefits that new medical discoveries bring.
Keep learning
- A UK report calls for change: Within3 in the Journal of mHealth: How can pharma address gender inequality in healthcare?
- Gaining ground in early R&D: Can pre-clinical activities be accelerated with insights management tech?
Data for better trials
Oracle partnered with virtual research organization ObvioHealth to more efficiently integrate diverse datasets into decentralized clinical trials in the Asia Pacific region. The partnership enables the rapid collection, integration, and analysis of multi-source data collected from sites, patients, devices, and labs. The partnership aims to get breakthrough therapies to the market faster and more efficiently.
Keep learning
- Recruiting and enrollment are crucial for trial success: How are patients recruited for clinical trials?
- Putting patients first: Patient-centered strategies for better clinical trials
Catch up with other trends in last month’s edition of the trend tracker.
