BIO President and CEO Dr. Michelle McMurry-Heath and Alnylam CEO and BIO Board member Dr. John Maraganore joined MassBio’s brand new podcast to talk about the industry’s response to the pandemic. The takeaway: the industry can learn a lot from this crisis on how to improve our work and access to science.
Even during the pandemic, the biopharma sector has continued to foster growth and innovation. In seven months, more than 700 projects have been launched to combat COVID-19, including 181 vaccine candidates, said Dr. Michelle.
But the industry has continued work on other medicines, too. Many companies have kept labs and manufacturing facilities open, and continued other operations virtually. For example, Alnylam, which develops RNAi therapeutics for a number of diseases, has filed Investigational New Drugs (INDs), launched new development candidates, and enrolled more people in clinical trials.
From crisis comes opportunity—including more industry collaboration, flexibility, and new thinking on clinical trials at the U.S. Food and Drug Administration (FDA), and a greater understanding by the public about the importance of science and innovation.
But we must ensure we don’t lose the public trust, added Dr. Maraganore. “We have to keep politics out of the process. This has got to be driven by science and innovation, not politics,” he said.
“More now than ever, our work can’t stop at the bench,” said Dr. Michelle. “We also have to become the advocates for access to the science that comes out of our research and out of our work.”
“This is going to unlock a new way for us to work together,” she continued, “a new way for us to keep our eyes on the prize of what we’re working for and why it’s so important—and why it’s more important than our individual companies necessarily competing against each other.”
Want to learn more about what the industry’s doing to promote science and make access to medicine more inclusive?Listen to the whole episode, hosted by MassBio President and CEO Bob Coughlin.
Want more? Dr. Michelle McMurry-Heath and Dr. John Maraganore—and many more BIO members—will speak during Informa’s Finance and Accounting for Bioscience Companies, taking place virtually from September 21-23, 2020. Get the details.
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