This week, the new era of medicine was brought to Capitol Hill in Washington, DC when 55 biopharmaceutical researchers from 20 PhRMA member companies held 79 meetings with members of Congress and their staff. Conversations focused on the life-saving work researchers do each and every day to bring new treatments and cures to patients. During their meetings, researchers shared their own personal stories about the motivation behind their research, and discussed the highs and lows of the drug development process.
Although there are nearly 7,000 medicines in development, only 10 to 12 percent of medicines that enter clinical trials are ultimately approved for use. The odds of getting a medicine from the lab to a patient are tough. Despite these odds, there’s also tremendous hope in the promise of the biopharmaceutical pipeline. Today, 74 percent of medicines in clinical development are potentially first-in-class medicines, meaning they represent a possible new pharmacological class for treating a medical condition. And in cancer alone, new treatment options are changing the trajectory of disease and there are now over 1,100 medicines and vaccines in development to treat the conditions which make up the disease.
America’s biopharmaceutical researchers work tirelessly to develop treatments that have never existed before. Beyond the scientific advances, the biopharmaceutical industry supports over 4.7 million high-skilled jobs and is the single largest funder of business research and development, higher than the National Institutes of Health.
By highlighting the research and scientific impact of the biopharmaceutical industry, these researchers brought to life the important work done across the country every day to provide patients with the hope for cures for even the most devastating diseases.
#DYK there are over 7,000 medicines in development around the globe? @PhRMA #GoBoldly pic.twitter.com/mSU6AvXlna— EMD Serono (@EMDSerono) June 12, 2018
Every day, Hoosier scientists work hard to make strides to provide innovative treatments to patients. Today, I welcomed a few of them to my DC office. #EliLilly @LillyPad pic.twitter.com/CBzPRRFfZp— André Carson (@RepAndreCarson) June 12, 2018
Every day, our scientists are making strides to provide innovative treatments to patients. Today, we’re heading to Capitol Hill to share the importance of our work with members of Congress. #GoBoldly #ScienceIsOurPassion pic.twitter.com/NTKWgnW1Ua— Sanofi US (@SanofiUS) June 12, 2018
Topics: New Era of Medicine