Healthcare
27 Feb 15
Perhaps the most significant of the current trends in healthcare is the wave of new product innovation, particularly in therapeutics.
A more supportive regulator
The primary healthcare regulator, the Food and Drug Administration (FDA), has completely changed its approach to working with the industry.
Previously it would set exceptionally high standards for new product approval and would penalise any side effects, even for the most serious diseases with critically ill patient populations.
It has now recognised that it needs to work more constructively with the industry in order to support the development of products which address significant unmet medical needs.
