Friday, November 28, 2014
Fake?
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chaos,
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deconstruction,
future foresight,
masterpiece of the day,
nice idea,
politics
Thursday, November 27, 2014
Wednesday, November 26, 2014
Fake?
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chaos,
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Why not?
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cognitive,
deconstruction,
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politics,
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Tuesday, November 25, 2014
The higher failure rate...
While the average time it takes to bring a drug through clinical trials has grown shorter in recent years, the rate of success of those drugs has gone down by almost half, to just 12 percent.
Almost all the attention from Tuesday's release by the Tufts Center for the Study of Drug Development focused on the eye-popping $2.6 billion cost it cited as needed to develop a new drug.
But just as important as the cost — which has gone up 145 percent since 2003 — is the failure rate of drugs that make it to human trials. According to economist Joseph DiMasi, the principal investigator for the study, that failure rate has increased significantly.
"The higher failure rate had a substantial impact on R&D costs. Higher out-of-pocket costs of conducting R&D, and proportionally more failures in clinical testing, are what really drove the increase in costs per approved drug," DiMasi said during a presentation Tuesday.
Based on an analysis of 1,442 experimental drugs that were in clinical tests in recent years through the end of 2013, DiMasi said the overall chance that a drug entering clinical development will be approved for marketing is just under 12 percent. That's down from 11 years ago, when the study set a success rate for drugs that enter human trials of 21.5 percent.
"Approximately seven out of eight compounds that enter the clinical testing pipeline will fail in development," he said. "Put another way, you need to put an average of 8.5 compounds in clinical development to get one approval."
DiMasi arrived at that figure using a weighted average, since as of the study, just 7 percent of the 1,442 drugs had actually been approved. Fully 80 percent had been abandoned by the companies developing them, and the other 13 percent were still in active development. DiMasi said it's likely that many of the drugs in later development will eventually earn approval, hence the overall 12 percent rate.
The chances of a drug moving from Phase 2 to Phase 3 testing was found to be 36 percent, while the rate at which a drug that finished Phase 3 tests went on to have an application for approval was 62 percent.
Another fact DiMasi said is increasingly relevant to the startup-heavy Massachusetts biotech scene: Small biotechs tend to push drugs from early into late-stage development more frequently than large companies, only to have them fail in later stages.
"There's reason to believe that small biotech firms will tend to keep their drugs in development longer than larger firms might, because, they are single or two-product firms, and if the product fails, the company goes under," he said.
http://www.bizjournals.com/boston/blog/bioflash/2014/11/tufts-study-it-takes-eight-drugs-in-clinical.html?page=all
http://www.bizjournals.com/boston/blog/bioflash/2014/11/tufts-study-it-takes-eight-drugs-in-clinical.html?page=all
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Big Pharma,
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numbers,
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Partisan of Death Valley,
shit of the day
Monday, November 24, 2014
Sunday, November 23, 2014
15 jahren Putin. I win - you lose, sign here...
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Global pharma spending 'to soar 30% by 2018' - when health is a critical resource...
Global spending on medicines
is set to soar by as much as 30% from 2013 to 2018, and by the latter year
total expenditures will be nearly $1.3 trillion, according to new forecasts.
The world pharma market will
increase at a compound average growth rate (CAGR) of 4%-7% during 2013-18,
rising $305-$335 billion over the period (based on constant exchange rates)
compared with $194 billion growth seen in the previous five-year period,
2009-13, when the CAGR was 5.2%, says the research, from the IMS Institute for
Healthcare Informatics.
This fast growth will be
driven primarily by increased specialty drug innovation, greater access to
medicines and reduced impact of patent expiries, says the study. It also
forecasts that annual spending growth will spike this year at $70 billion, up
from $44 billion in 2013 and $26 billion in 2012 and will moderate in the years
to 2018, although remaining at higher levels than those seen during 2009-13.
“The higher level of spending
growth we’re projecting over the next five years reflects an unusual
combination of higher spending on the surge of innovative medicines for
patients and lower savings from patent expiries,” says Murray Aitken, IMH
Health senior vice president and executive director of the IMS Institute.
“This is particularly evident
this year and next in developing countries, and especially in the US, which
accounts for more than a third of the global market,” he adds.
The developed markets – led by
the US, the five major European markets (France, Germany, Spain, UK and Italy)
and Japan – will be the primary drivers of this increased growth; while they
will moderate as cost-containment measures further limit price levels, rising
volumes will continue to contribute to overall market growth. Only France and
Spain will see a contraction in pharmaceutical spend per capita in 2018, as a
result of policies aimed at curbing spending growth.
The 21 “pharmerging” markets
which currently account for 25% of global medicines expenditures will increase
their spending by more than 50% by 2018, with a CAGR of 8%-11% over the
forecast period as they continue to broaden access to treatments due to their
expanding economies and ongoing government efforts to provide universal health
coverage. By 2018, over 80% of growth in the pharmerging markets will be
attributed to non-branded medicines, including greater use of biologic drugs.
China, which is already the
world’s second-largest pharmaceutical market, will reach spending levels of
$155-$185 billion in 2018, the report adds.
Specialty medicines are
expected to contribute 40% of total global spending growth to 2018, with higher
expenditures particularly in the developed markets. Much of this growth will be
from products which bring patients new treatment options, with particularly
notable advances expected in the areas of oncology, autoimmune, respiratory,
antiviral and immunosuppressant therapies.
The recent surge in cancer
drug innovation will continue and contribute to global spending on all oncology
drugs, which is set to rise from $65 billion in 2013 to around $100 billion in
2018, while the introduction and uptake of potent new hepatitis C therapies are
forecast to producing spending totalling about $100 billion in the five years
to 2018, the report forecasts.
Moreover, almost 200 new drugs
are expected to be launched in the next five years. Over 2,000 products are
currently in late-stage development, a quarter of which are oncology drugs.
However, the IMS Institute notes that the availability of new medicines to patients
worldwide varies significantly by country and disease area and that, on
average, fewer than half the medicines launched during the previous five years
are now available across the major developed markets.
- The IMS Institute points out
that its estimates are measured at ex-manufacturer level and do not factor in a
range of rebates, discounts, taxes and other adjustments that affect the net
amount received by manufacturers. The impact of these factors is estimated to
reduce growth by $60-$80 billion, or around 25% of the increase forecast, over
the next five years, it says
Labels:
Big Pharma,
bubble,
deconstruction,
evidence based medicine,
macro economy,
nice idea,
numbers,
real science,
shit of the day
Friday, November 21, 2014
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chaos,
cognitive,
deconstruction,
failure,
masterpiece of the day,
nice idea
Wednesday, November 19, 2014
"Let's dance!" as a critical resource!
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another magic cure,
chaos,
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deconstruction,
evidence based medicine,
nice idea,
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video
Sexual health as a critical resource
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another magic cure,
bubble,
chaos,
cognitive,
evidence based medicine,
masterpiece of the day,
nice idea,
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video
Monday, November 17, 2014
No money - no children...
Personally I do not have any comments...
Pfizer, the Bill & Melinda
Gates Foundation and the Children’s Investment Fund Foundation have teamed up
to expand access to the drug giant’s injectable contraceptive Sayana Press
(medroxyprogesterone acetate) in 69 of the world’s poorest countries.
The collaboration will
effectively subsidise the sale of Pfizer’s contraceptive, which is already
available throughout Africa for around $1.50 a dose, so that qualified
purchasers can get it at the cheaper price of $1 per dose, giving the poorest
women in these countries access at reduced or no cost.
Sayana Press combines a long-acting, reversible, contraceptive with an
all-in-one pre-filled, single-use, non-reusable Uniject injection system that
eliminates the need to prepare a needle and syringe. This allows the the drug
to be administered by health workers to women at home or in other convenient
settings.
“Pfizer saw an opportunity to
address the needs of women living in hard-to-reach areas, and specifically
enhanced the product’s technology with public health in mind,” said John Young,
president of Pfizer's global established pharma business.
More than 200 million women in
developing countries want to delay pregnancy or prevent undesired pregnancy but
are not using any method of contraception. “Far too many women die or are
harmed because of unwanted pregnancies,” said Michael Anderson, chief executive
at the Children’s Investment Fund Foundation, noting that the Pfizer deal will
help expand the choice of affordable contraceptives
Read more at: http://www.pharmatimes.com/Article/14-11-13/Pfizer_Gates_Foundation_to_expand_birth_control_access.aspx#ixzz3JIwfqmLy
Labels:
Big Pharma,
cognitive,
deconstruction,
future foresight,
numbers,
paradigm,
politics,
shit of the day
Sunday, November 16, 2014
We win, you lose - sign here!
Labels:
chaos,
cognitive,
deconstruction,
failure,
nice idea,
politics,
shit of the day
Friday, November 14, 2014
Wednesday, November 12, 2014
Russian Ruble. The falling.
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chaos,
deconstruction,
failure,
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paradigm,
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Tuesday, November 11, 2014
Too simple to be true!
Labels:
bubble,
deconstruction,
failure,
future foresight,
music of the week,
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shit of the day
Dendreon - THE disaster!
http://finance.yahoo.com/news/biotech-dendreon-files-bankruptcy-protection-130212961.html
Shares fall as much as 74.5 pct!
What's wrong with vaccine???
Shares fall as much as 74.5 pct!
What's wrong with vaccine???
Friday, November 7, 2014
Thursday, November 6, 2014
Propaganda
Labels:
Big Pharma,
bubble,
cognitive,
deconstruction,
evidence based medicine,
failure,
future foresight,
paradigm,
real science,
shit of the day,
video
Sunday, November 2, 2014
The expert...
Labels:
chaos,
cognitive,
deconstruction,
depression,
evidence based medicine,
failure,
paradigm,
real science,
video
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