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Terry McCormick

It is not surprising as Pharma has been actively transforming itself in diverse ways, depending on each firm's strategy. As above, the focus on safety now starts far earlier, reducing later "surprises" in PIII (and hopefully post-approval.) Other firms are unraveling the basis for disease through improved R&D "algorithms" and approaches that also may begin to show fruit. Such improvements may have caused an observed shift in improved innovation in approved drugs 3-4 years ago.

This progress is balanced against strong headwinds that persist, based on what society is willing to pay for life extension and enhancement.

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