9 May 2017 - The pharmaceutical value chain in the United States is incredibly long and complex. And, it is my belief that every actor in that chain – and there are many – has a part to play in making the system sustainable. Because today, the system lives in tension.

Beyond hindering access for patients to critical innovations, this complexity is undermining the reputation of an entire industry whose purpose is to make a positive change in patients’ lives.

Yet, the contribution of the biopharmaceutical industry to life sciences is immense, starting with the level of funding for R&D, which, at present, is more than triple the level of investment of the public sector in the U.S. Immunization currently prevents an estimated two to three million deaths a year. And new medicines introduced to fight diseases like HIV, hepatitis C, diabetes, heart disease and cancer reduce mortality and increase quality of life.

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