Innovation

Medtronic drives innovation, eyeing new products to stay on top

BioWorld MedTech, the global medical device news service from Clarivate Analytics, developed a series of articles on how key companies in the industry approach innovation. Below is an excerpt from the profile of Medtronic plc. For access to the full series, please click here. Medtronic plc is the largest pure-play med-tech company in the world […]

In multiple myeloma, B-cell maturation antigen emerges as promising target

This is a Cortellis Market Insight report, an ongoing series featuring expert reviews of hot topics in the biopharma field, with analysis and discussion on the factors currently affecting the industry. Data leveraged for this analysis were gathered from Cortellis from Clarivate Analytics. There remains an unmet need for patients with multiple myeloma (MM), particularly […]

Life sciences innovation: What is it? How do we track it? How do we get more?

Most people working in biopharmaceutical R&D would agree that innovation is important. But, what is innovation? Googling “What is innovation?” returns more than a billion hits. Focusing on the top search result from the Google dictionary doesn’t add further insight: “the action or process of innovating.” However, in producing The Life Sciences Innovation Report: A […]

Orphan drug access varies across multiple markets

European countries differ in their value assessment of new orphan drugs, but steps can be taken to create a more harmonized, comparable and rational evidence-based decision-making system in Europe, two experts from the London School of Economics Health reported at the Ninth Orphan Drug Congress 2018. The presentation by Aris Angelis and Panos Kanavos covered […]

Device industry looks to cut time to market

German medical device companies are growing concerned that the approval process in Europe for bringing innovative products to market is taking too long, especially when compared with the U.S., according to a survey conducted by the German medical technology association. In Australia, meanwhile, the Therapeutic Goods Administration (TGA) reported shorter approval timelines for new devices […]

Big data: The future in healthcare is sooner than we think

Data is, of course, driving the future of healthcare. Stakeholders across the industry have been widely preparing for the Big Data transformation and how to put the data to best use. At the recent Financial Times Global Pharmaceutical and Biotechnology Conference titled “Embracing Disruption for a New Era in Health,” several experts examined how to […]

Towards a digital healthcare ecosystem

This article is part of an ongoing State of Innovation series exploring global inventions and innovation trends in 12 key industries.  Articles in this series have been excerpted from the 2017 State of Innovation report, so reflect news and analysis at the time of publication.  Download the State of Innovation report on the Medical Devices industrynow, […]

How regulation, innovation, quality and access are inevitably intertwined

In a global industry like pharmaceuticals, the interdependencies among quality, access, innovation and regulation can have global implications. That message comes through clearly in the 2018 CPhI Annual Report, the compilation of expert forecasts and analyses that the organization puts together. The articles, with their focus on the future direction, technologies, opportunities and threats in […]

Partnering to innovate creates ‘window of opportunity’ in biopharma sourcing and procurement

Partnership strategies are essential in driving value and performance in sourcing, procurement and supply management. Executives from Johnson & Johnson, Bristol-Myers Squibb and McKinsey & Company shared their experiences during the “Innovation in Sourcing and Procurement” educational session at DCAT Week ’18 in New York in March. Supplier collaboration is the next horizon with potential […]