personalized medicine: bringing innovation to market · forbes, matthew herper , “the truly...

20
Personalized medicine: Bringing Innovation to Market Keynote by Dr. Peter Høngaard Andersen June 2 nd 2016

Upload: others

Post on 11-Oct-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Personalized medicine:Bringing Innovation to Market

Keynote by Dr. Peter Høngaard Andersen

June 2nd 2016

Page 2: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Innovation = translation of knowledge and insight to value

Value=• Profits• Value to patients• Value to Society

What is Innovation ?

2

Page 3: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

• The process of translation of knowledge (invention or idea) into value

• To be called an innovation, an idea must be replicable at an economical cost and must satisfy a specific need.

• Innovation involves deliberate application of information, imagination and initiative in deriving greater or different values from resources, and includes all processes by which new ideas are generated and converted into useful products.

• In business, innovation often results when ideas are applied by the company in order to further satisfy the needs and expectations of the customers.

What is Innovation ?

3

Page 4: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Translation from idea and insight to benefit for the patient

4

Page 5: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Neg

oti

atio

n fo

r R

eim

bu

rsem

ent

27 m

emb

er S

tate

s

EM

A F

ilin

g

Pre

-Clin

ical

Res

earc

hC

lose

d &

Op

en In

no

vati

on

Clinical Trials

EM

A A

pp

rova

l fo

r S

ale

HTA

Ap

pro

val

Phase 1 Phase 2 Phase 3

5,000 10,000

Compounds

250Compounds

3 – 6 Years 6 – 7 Years

10Therapies

1Therapy

2 – 5 Years

Number of Patients/Subjects

20-100 100-500 1000-5000

RegulatoryReview

Drug Discovery

Pre Clinical Testing

PhVMonitoring

Total Cost: $2 - $4 Billion USDSources: Drug Discovery and Development: Understanding the R&D Process, www.innovation.org;

CBO, Research and Development in the Pharmaceutical Industry, 2006;

Forbes, Matthew Herper, “The Truly Staggering Cost Of Inventing New Drugs”, February 10, 2012

“The average drug developed by a major pharmaceutical company costs at least $4 billion, and it can be as much as $11 billion.”

Current EU pathways are expensive and slow in getting new therapies to patients

New therapies don’t reach patients until

here

5

Page 6: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Translation from idea and insight to benefit for the patient

6

Challenge 5

Page 7: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Translation from idea and insight to benefit for the patient

7

Challenge 4

Page 8: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Get out of the box

• "Creativity is thinking up new things. Innovation is doing new things."— Theodore Levit

• "There ain't no rules around here. We're trying to accomplish somet'n!"— Thomas Edison

• "To turn really interesting ideas and fledgling technologies into a company that can continue to innovate for years, requires a lot of discipline." -Steve Jobs

How to facilitate and prevent innovation

8

Been there done that

• “Everything that can be invented has been invented."— Charles H. Duell, Director of US Patent Office 1899

• "Heavier than air flying machines are impossible."— Lord Kelvin, President, Royal Society, 1895

• "If you want to kill any idea in the world, get a committee working on it." - Charles Kettering

Page 9: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Scientific innovation and influence of societal changes

From: Charles Murray, 2003, Human Accomplishment: The Pursuit of Excellence in the Arts and ScienAdditional reading: Lars Tvede, 2014 “the Creative Society”, Yuval Noah Harai, 2014, ”Sapiens”

The Reformation

The Enlightenment

9

Page 10: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Do EU provide the regulatory environment for encouraging innovation ??

Time/ Phase of development

Kno

wle

dge

I II III IV

Clinical Trial stage

Horizon Scanning

"HTA"

Structured introduction

National activities

SAIndividual use

EU activities

Registries

SA incl.M&S

COMP

SA+HTA

PIPADR

PSURs

RenewalVariations

Biomarkerqualif.

SA w. FDA

Effectiveness studies

Salmonson, 2010

CHMP positive opinion with RMP includingmissing information, PASS, PAES, risk minimization activities, etc.

10

Page 11: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Cowboys and Pit crews*

* A. Gawande, the New Yorker, 2011

The Project Culture:

Could the Health Care system be organized in a Matrix centered aroundthe patient and with a defined Project leader

11

Page 12: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

The Vision

12

From biological knowledge we can

provide individual risk maps

We see a population of similar individuals

We see a population of different individuals

6/3/2016

From population to individual

Page 13: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Why Health Care ?

Page 14: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Who is paying and is incentives aligned ?

Sicknessdays

Productivity loss

Sicknessdays

Diagnosis

Sicknessdays

treatment

Sickness daysand

rehabiitation

Sicknessdays

Deemedwell

Working but productivity

loss

Fullyrecovered

cvPayor 1 Payor 2

cv Employer

cv Payor 3

14

Page 15: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Where to apply a Personal Medicine approach

15

• Apply on existing medicines – segmentation into responders vs non-responders

• Apply in the process of new medicines development

• Apply in prevention – built on individual risk maps to provide guidence on healthy life

Page 16: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Science is leading to a revolution in healthcare:

• The conventional “notion” of diseases will break-downDisease will be molecular “fault” defined and be an ‘orphan disease’

• The molecular “fault” directs treatmentDiseases with similar molecular ‘faults’ will have common therapies

• Therapies will target a smaller group of individualsDiagnostic tests will determine who is ‘right’ and thus will benefit from the new treatment

• Testing/valuation of new treatments requires better use of dataCapturing data from the ‘real world’

16

Page 17: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Regulatory and reimbursement pathways must adapt to patient demands and scientific progress

• Proposed clinical trials regime does not adapt well to the smaller, targeted populations of personalized medicines

• Current pathways do not harness all of the tools at their disposal for better, more accurate, evaluation – i.e. statistical simulations, use of publically available data, patient driven and informed reward/risk assessment

• Innovative new drugs approved for sale in Europe are not being given reimbursement by national authorities, denying patients access to needed new treatments

• Current evaluation systems often do not measure the efficiency gaining impacts of new therapies nor accurately reflect their total net benefit

17

Page 18: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Barriers needs to be removed and incentives aligned

18

• To promote Innovations in personalized medicine we need to:

• Invest in e-health records, biobanks, genetic databases and linking these up… ‘real world’ data should be harnessed to improve patient outcomes

• Create innovative evaluation systems and coherent HTA processes and flexible pricing are essential to better address the needs of patients and support access to personalised medicines

• Be able to document the economical benefits of individual health monitoring and availability of individual risk profiles combined with intervention strategies.

Page 19: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Conclusions and my predictions

• A Personalized or individualized approach to health care will be the core of a future Health Care system

• The future Health Care system will be a true health care system and not only a disease caresystem

• This transformation will require a number of issues to be addressed – this can ONLY bedone as a collaboration between relevant parties

19

Page 20: Personalized medicine: Bringing Innovation to Market · Forbes, Matthew Herper , “The Truly Staggering Cost Of Inv enting New Drugs”, February 10, 2012 “The average drug develope

Thanks for your attention