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9:30am

Can Europe save the pharma industry?
    Saturday July 14, 2012 9:30am - 10:45am @ Wicklow Hall 2A

    The combination of greater longevity and some bad lifestyle choices in the developed world are resulting in an increasing incidence of a wide range of chronic ailments including diabetes, cancer and neuro-degenerative diseases. This results in a growing demand for drugs as well as presenting new targets for drug development. Yet despite this positive market outlook the global pharma industry is facing an existential crisis. The causes/symptoms of this crisis have been well-rehearsed: expiration of patents for blockbuster drugs, escalating development costs and shrinking development pipeline; these factors are exacerbated by governmental pressure to reduce expenditure on public drug purchase schemes.

    This session will explore how to rekindle innovation in the pharma industry and in particular how Europe can take the lead in getting the industry on a viable path?Specific questions to be addressed include:

    • What actions are required of industry, universities, funding agencies and the European Commission?
    • To what extent will new technologies (genomics, proteomics, in silico development, personalised medicine and diagnostics) help? Who should pay the associated costs?
    • Can new ways of collaboration be a solution? 
    • How can regulatory burden be minimised without compromising patient safety (up to 45,000 patients in phase III trial)?
    • Is IMI a solution/a path forward?


    Speakers
    Company Group Chairman, Johnson & Johnson Pharmaceuticals  …

    Trinity College Dublin, Ireland Chairman of the ESOF2012 Pr…

    Director General, Science Foundation Ireland

    Cabinet member in the office of Máire Geoghegan-Quinn, Europ…


    Type Science Programme, The Future of Medicine & Health
    Host Organization ESOF2012
  • Organiser Eamonn Cahill
  • Tags SP57
 




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