2010
DOI: 10.1126/scitranslmed.3000357
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Biotechnology: Delivering on the Promise

Abstract: Policy-makers can play an important role in bolstering the biotechnology industry.

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Cited by 5 publications
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“…The regulatory pathway for biosimilars has received significant attention, [1] with regulators in Europe and the US working to define appropriate ways to evaluate efficacy and safety. [2] As a result, the first application for a biosimilar monoclonal antibody is now under consideration.…”
Section: Introductionmentioning
confidence: 99%
“…The regulatory pathway for biosimilars has received significant attention, [1] with regulators in Europe and the US working to define appropriate ways to evaluate efficacy and safety. [2] As a result, the first application for a biosimilar monoclonal antibody is now under consideration.…”
Section: Introductionmentioning
confidence: 99%
“…22 Most important, more than 250 biotechnology products have been approved by the FDA with more than 600 new drugs in clinical trials today. 2,24 We note in closing that the idea of a government-backed venture fund is beginning to gain traction among policymakers in Washington, DC. In the recent HHS Public Health Medical Countermeasures Review, published in August 2010, HHS reviewed and identified several barriers to the development of a robust arsenal of medical countermeasures, including regulatory limitations, manufacturing capacity, financial incentives, and the like.…”
Section: Resultsmentioning
confidence: 98%
“…17 Inherently higher risk practices associated with funding seed or early-stage research, which lack either proven efficacy or proven market viability, are more likely to be rejected in favor of later-stage opportunities with defined markets and predictable annual sales. 2,17 Next-in-class drugs, in which the regulatory environment is relatively well defined, are also more likely to be supported rather than programs that rethink basic science and explore potentially new biological pathways. As a result, the chance that an investment will be made in a new therapeutic area has decreased in comparison to the likelihood that it will be made in a ''me-too'' product space.…”
Section: Incentive Funding For Biodefense Biotechsmentioning
confidence: 97%
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