Catenion, a biopharma-focused R&D strategy consulting firm, has analyzed the performance of the top-30 biopharma companies in 2018 and outlined major concerns for the future of innovation in drug development.
In 2017, R&D productivity of the top-30 pharmaceutical companies had decreased for the first time since 2014, according to Catenion’s annual review of the sector. This trend continued into 2018, albeit with a lower magnitude as overall R&D productivity dropped by around 10% (vs. about 15% last year).
Yet again, the major driver is a decline in the metric that looks at pipeline value versus cumulative R&D spending...
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