Phased regulation essential for valuation says new European diagnostics group
This article was originally published in Scrip
Executive Summary
Diagnostics development needs to have clear regulatory milestones akin to the preclinical, and Phase I, II, and III of drug development, says the coordinator of a new European group of small diagnostics companies launched yesterday (30 September 2010). "Investors backing companies developing biomarker-based diagnostics for personalised medicine need a clearer indication of when the value is created," says Frederic Druck, coordinator of the European Medical Diagnostic Cluster (EMDC). "At present, whether a test is valuable or not depends on a consensus of key opinion leaders – the medical profession users of the product. Diagnostics need a common language so that investors can understand how the value milestones can be created," he says.
You may also be interested in...
Gender Diversity In Pharma: Caught Between Desire And Reality
Charting the executive gender mix across 384 companies from mid-2014 to mid-2019 demonstrates that C-suite gender balance in pharma is moving towards a point that more closely reflects its total workforce, but that progress has been slow and that there is a long road to travel before the transformation is complete.
Women In High Places: Slow Progress In Pharma
With gender diversity only slowly increasing in biopharma c-suites, Scrip spoke to executives from five companies about the importance of change.
Stock Scan April 2018: Pharma's Fizz Falls Flat
In a flat month, the market value of big pharma changed little overall. But the balance of power in immuno-oncology did shift significantly.