About Research Events Experts Newsroom Currency of Ideas
Milken Institute | Newsroom | Currency of Ideas - Solutions not challenges Currency of Ideas: Solutions not challenges
September 27, 2012 at 04:13 PM
Solutions not challenges
  Global Economy Health Innovation
  Posted by
Margaret Anderson
Margaret Anderson
 
The President’s Council of Advisors on Science and Technology (PCAST) released its “Report to the President on Propelling Innovation in Drug Discovery, Development, and Evaluation” this week.

The punch line of the briefing came toward the end when Steve Galson from Amgen opined that “There are rooms of reports on innovation and the challenges – what will differentiate this one?” It was helpful to have it said out loud, because I felt a sense of déjà vu listening to the presentations and perspectives. Things may look tough now, but they’ll be much tougher if we don’t wake up and smell the coffee.

• We heard about how innovation has played a huge role in advancing the health of our nation, but that the system is under stress.

• We heard about the key role the FDA plays in influencing the ecosystem’s behavior, but even with changes at the agency, more needs to be done.

• We heard about how collaboration is central to future discovery, but the system doesn’t consistently incent it.

• We heard about unmet need in the form of Alzheimer’s, treatment for psychiatric diseases, cancer, and heart disease and stroke, but that we have been making some inroads with treatments for diseases like HIV/AIDS.

• We heard about how the entire system is struggling for many reasons – funding, patent cliffs, low-hanging fruit being picked, and overall costs of drug development rising, but that there are byways being built.

• We heard how patients and venture philanthropy are central to solving the problem, but there aren’t groups in existence capable of taking on all the challenges.

• We heard there has been progress – at times breathtaking progress – but that there is still a long way to go to reap the benefit of the scientific promise that lies ahead.

• We heard how we need money to do all of this, but we don’t know exactly where it’s going to come from, especially in these tight times.

• And we heard we’d better get moving.

There is a shift underway; during the briefing we heard people like Todd Sherer, who is the CEO of the Michael J. Fox Foundation for Parkinson’s Research, saying he’s optimistic based on things he’s seeing. And Bob Beall, president and CEO of the Cystic Fibrosis Foundation, talking about the game-changing approval of Kalydeco and the need to look at the PCAST report with the express purpose of figuring out what recommendations would speed things up. There was some discussion of consumers and patients needing a seat at the table. Well, we learned doing our report “Back to Basics: HIV/AIDS Advocacy as a Model for Catalyzing Change” that you don’t get handed a seat at the table, you earn it. And you earn it by getting smart about the system and what solutions look like. I’d like to see us moving beyond giving patients lip service to ensuring we’re having a real dialogue with them about what they are already doing, and what is possible if and when they are engaged. As Sherer reminded us, "patients want to be part of a solution."

We know current resources are threatened by the possibility of sequestration, which would automatically cut the federal budget in January 2013. Future resources to address these pressing needs would also be slashed.

The PCAST report cites two primary needs: better methodologies and tools to translate basic biological insights to validated therapeutic targets and leads, and the need to have a more efficient clinical trial system, as it currently constitutes 40 percent of the biopharmaceutical R&D budget.

It posits recommendations in areas of improving drug discovery and development; improving drug evaluation; monitoring and communication about benefits and risks; improving FDA management; and economic incentives. There's a timeframe for action and a list of steps to be taken. We need to assess how this gets done, which entities can and should do it, in what timeframe, and also look at what agencies like the FDA are already beginning to do under the recently enacted PDUFA V agreement, and perhaps most importantly how to get the resources to do it. We were probably all raised with the phrase "money doesn’t grow on trees," so we need to figure out creative ideas that will focus attention on the imperative for funding.

By focusing on specific solutions and not just the challenges, this report is different than many before it – but it can’t be put on a shelf, action must be taken. As my husband often reminds me, "How do you eat an elephant? One bite at a time."



Your Comment:






Please help protect our site from spammers, type the following number into the field below.

8 7 3 7 5  
      


Members of the press
may direct inquiries to:

Conrad Kiechel
Director of Communications
Phone: (310) 570-4668
Fax: (310) 570-4627
ckiechel@milkeninstitute.org

Skip Rimer

Executive Director of Programs and Communications
Phone: (310) 570-4654
Cell phone: (310) 739-7591
Fax: (310) 570-4627
srimer@milkeninstitute.org

 
 
About MI
 
Our mission is to improve lives around the world by advancing innovative economic and policy solutionsthat create jobs, widen access to capital and enhance health.
About Us
  Careers
  Contact
  Download Annual Report
  FAQs
  Locations
  Our Team (Staff and Fellows)

Blog

Events
  Associates
  Conferences
     Global Conference
     State of the State
     Summits
     London
     California
  Forums
  Labs
  Young Leaders

Experts
Newsroom
  Latest News
  News Videos
  Press Releases

Research
  Centers
     Asia
     California
     FasterCures
     Financial Markets
     Israel Center

Initiatives

Publications
  Books
  Financial Innovations Labs
  Milken Institute Review
Amazon Apps
App Store
  Research Reports
  Viewpoints
  Search All Publications
Support MI
  Associates
  Donate
  Sponsorships
  Strategic Partners

Follow Us
  @Twitter
  Facebook
  YouTube
  Google+

Privacy Notice

Related Sites

  Celebration of Science
  Chairman's Corner
  Melanoma Research Alliance
  FasterCures
  Partnering For Cures

©2013 Milken Institute