Biotech Voices, R&D

Pharma, we have a problem: New drugs can’t cover the cost of Big Pharma’s failures

The annual Pharmaceutical Innovation Index measures pretty much the only thing that matters in pharma: did you take assets to market (and to patients) in the past 5 years, and did you do so successfully? Any measures of productivity that miss those two parameters are surrogates, and incredibly misleading.

However, take a look at these numbers, which compare performance of the top 11 in the 2018 Index with the lowest 10. Perhaps no surprise that the biggest spenders had a much greater chance of an approval in any year over the 5 years, and therefore derived much more of their revenue in 2017 from products launched in that period. But, we’re still only talking about 1 approval per year for the top 11 companies, on average.

In order to read this article, you must be an Endpoints News subscriber. (It's free to subscribe.)

← Go back

We produce two daily email newsletters designed to give you a complete picture of what's important in biopharma. It's free to subscribe and never any spam. Join 51,000+ biopharma executives who read Endpoints News every day.

Access is subject to the terms in our Privacy Policy.

The best place to read Endpoints News? In your inbox.

Comprehensive daily news report for those who discover, develop, and market drugs. Join 51,000+ biopharma pros who read Endpoints News by email every day.

Free Subscription

Research Scientist - Immunology
Recursion Pharmaceuticals Salt Lake City, UT
Director of Operations
Atlas Venture Cambridge, MA

Visit Endpoints Careers ->