Delinking the cost of R&D from the final prices of medicines and making governments the funders and planners of drug development would be rife with problems.
February 12, 2018
Life-sciences companies grow best in locations that can combine qualities like a good business environment, skilled workers, strong research universities, and available capital. Strengthening these and related factors can give states a stronger competitive advantage.
December 4, 2017
Innovation Fact of the Week: NIH Would Need an Additional $11.6 Billion to Bring its Funding Back to Where it was in 2003 as a Share of GDP
For the U.S. government to restore National Institutes of Health funding to a level comparable to 2003, it would have had to allocate an additional $11.6 billion dollars last year, writes John Wu in Innovation Files.
November 28, 2017
The number of technology-based start-ups surged 47 percent in the last decade. These firms still account for a relatively small share of all businesses, but they have an outsized impact on economic growth, because they provide better-paying, longer-lasting jobs than other start-ups, and they contribute more to innovation, productivity, and competitiveness.
November 16, 2017
Previously, there were few HPV tests well suited to developing countries, but a new product—Xpert HPV—changes this by offering an accurate, real-time, self-contained, and easy to use molecular testing mechanism that can be used at the point-of-care.
September 12, 2017
In a presentation to a roundtable gathering of international think tanks in New York City, Stephen Ezell argued we are entering an era of renewed biomedical innovation marked by a wide range of new-to-the-world treatments for cancers, rare and chronic diseases, and other disorders.
August 31, 2017
President Widodo promised a renewed focus on innovation and economic growth. But his government has undermined its own strategic goals by badly weakening intellectual property laws that are critical for innovative industries are to thrive.
July 10, 2017
Fact of the Week: When Doctors Start Using Electronic Drug Referencing Systems, They Begin Prescribing Newly Released Generics up to Two Months Earlier Than Before
When doctors have better access to medicinal information through electronic drug referencing systems, they prescribe newly released generics up to two months sooner, writes John Wu in Innovation Files.
June 26, 2017
Fact of the Week: In the Last 60 Years, $400 Million Worth of Federally Funded Cancer Research Trials Added 3.3 Million Years to the Lives of U.S. Patients
In the last 60 years, $400 million invested over 23 federally funded cancer research trials added 3.34 million years to the lives of U.S. patients, writes John Wu in Innovation Files.
June 14, 2017
Comments to U.S. Department of Agriculture’s Animal and Plant Health Inspection Service on Genetically Engineered Organisms
ITIF submitted comments to the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service on its proposed revisions to regulations governing crops improved through biotechnology.
June 14, 2017
ITIF submitted comments to the Food and Drug Administration on how they should regulate foods derived from gene-edited plants.