• Press Office

    Posted in category ABPI statement by Press Office on 04/12/2013

    ABPI responds to Deloitte/Thomson Reuters report: Is life sciences R&D earning its investment?

The pharmaceutical industry is committed to developing new medicines to treat unmet medical needs.

 

​Whilst the Deloitte report concludes that it costs up to £1.2 billion to develop a new medicine the pharmaceutical industry is continuously innovating The industry is always seeking to enhance R&D productivity by using different approaches including open innovation, pre competitive collaboration, optimising data analytics, and placing an increased focus on stratified medicines, and real world R&D.

At the same time, innovative medicines demonstrated to be efficacious and cost-effective should be used by healthcare systems - benefiting patients and incentivising reinvestment into R&D.

 
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