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...He says Vertex’s $4.8bn R&D budget is not about maximising “shots on goal”; it is instead focused on “a set number” of diseases where Vertex has “super-high conviction that they’re going to work”....
...“By choosing products that are almost off patent, you have companies who will have been able to recoup multiple times over whatever investments they have made in R&D,” she says....
...Last year emerging biopharma companies were responsible for a record 65 per cent of the molecules in the R&D pipeline without a larger company involved, up from less than 50 per cent in 2016 and 34 per cent...
...Vectura, which is run separately, has been investing in R&D, plans a new “inhalation centre of excellence” in Bristol, and hired a new boss from Novartis when its chief executive and finance director left...
...Letter in response to this article: Drugmakers must pay proper return on publicly funded R&D / From Tim Bierley, Pharmaceuticals Policy Manager, Global Justice Now, London SW9, UK...
...But a recent report for a European trade body found pharmaceutical R&D spending was growing faster in the US and China; Europe’s share of global R&D investment, clinical trials and manufacturing output are...
...The industry is also worried that R&D productivity is falling....
...“Pfizer is very good at selling but historically not renowned as having the R&D engine of a Merck or Lilly....
...“The potential new medicines in Horizon’s pipeline strongly complement our own R&D portfolio,” said Bradway....
...Now, about 1,000 scientists, engineers and technicians at PMI’s vast R&D facility in Neuchâtel, work solely on development of reduced-risk products....
...“This is an important step for Chinese companies because it validates their capabilities — their R&D is reaching a global standard,” said Cathy Zhang, Morgan Stanley’s head of healthcare for global capital...
...Greg Glenn, Novavax’s president of R&D, said the mRNA vaccines have some “safety” and issues in terms of adverse side effects, which would make Novavax a particularly attractive option when Covid-19 becomes...
...Divisional patent applications are legal and an important tool to protect innovation for long enough to profit from years of expensive R&D, he acknowledges....
...This time-limited monopoly over the drug allows pharmaceutical companies to recoup the money spent on research and development (R&D)....
...“But if I felt that R&D was lacking, I wouldn’t have taken that bet. I’m not suicidal.” Our mains long since finished, lunch extends into a third hour and we each order an espresso....
...The public sector, governments collectively, have really de-risked and subsidised the R&D process every step of the way from the earliest stages of R&D, oftentimes to the scale-up of manufacturing and, of...
...On Sunday, Soriot’s friend José Baselga, AstraZeneca’s head of oncology R&D, died in Spain....
...Nick Jackson, who oversees vaccine R&D at the Coalition for Epidemic Preparedness Innovations, part of Covax, said it now feels “enormously relieved and quite vindicated” that it invested almost $400m in...
...This would include $300bn in R&D funding for quantum computing, artificial intelligence, green tech and 5G. Republicans don’t much like spending that has been proposed by a Democratic White House....
...The California-based company said on Thursday that it had spent $50m on remdesivir research and development in the first quarter, increasing its overall R&D investment to $1.1bn....
...that matches that of traditional sole-source branded pharmaceutical products....
...But Paul Stoffels, J&J chief scientific officer, said he trusts his 30,000-strong R&D division: “He always asks the right questions, about the risks, and how this works....
...D before selling anything....
...Chongqing Zhifei Biological Products is listed in Shenzhen, focusing on vaccine R&D and sales....
...On Monday Mr Hudson announced that consumer healthcare would become a standalone business unit with integrated R&D and manufacturing functions....
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