Cytiva and Longitude (a Financial Times company) reveal five major challenges for the industry in new Global Biopharma Resilience Index
PR88402
AMERSHAM, United Kingdom, March 9, 2021 /PRNewswire=KYODO JBN/ --
- A survey of 1,165 biopharma executives and healthcare policymakers across 20
countries measured ability of industry to respond to global needs in five
areas: Supply chain resilience, talent pool, R&D ecosystem, manufacturing
agility, and government policy and regulation
- There is a strong correlation between higher performing countries and higher
income per capita; United States leads the index overall but Switzerland and
China have most resilient supply chains
- First such study to cover wide range of topics and respondents
Global life sciences leader Cytiva, along with the Financial Times' research
arm Longitude, have compiled a global index, ranking the ability of the
biopharma industry to respond to five major challenges; in supply chain,
talent, research and development, manufacturing, and government policy and
regulation.
Respondents answered questions on a scale of 1 to 10 in each of the five
areas. The average of all responses resulted in the rating of each country's
biopharma capabilities as well as the strength of the global industry. With an
overall index score of 6.6 out of 10, the industry looks vulnerable - and has
scope to improve across a number of critical areas. In the overall index, the
United States ranks first, with a 7.12 score. Switzerland and the UK follow
closely.
Russia, China and India are leading in the lower-middle income and
upper-middle-income economy countries(1), despite having large populations and
lower GNI per capita than some of the other countries in this group. However,
the index also highlights a clear divide between high-income vs
upper-middle-income and lower-middle-income economies. The upper-middle-income
and lower-middle-income economies tend to score lower on the index: this
indicates that they have less resilient biopharma industries, which creates a
significant risk in terms of global access to vital medications.
Emmanuel Ligner, President and CEO, Cytiva, says: "As a partner to global
biopharma companies, we wanted to offer this overview of where the industry is
performing well, and where there are some pain points. The data is built by
listening to customers and key players, and gives us insight into major
concerns. With this data, we'll have even more fruitful conversations and be
better prepared to work with customers and stakeholders to address
industry-wide challenges."
Kiran Mazumdar-Shaw, founder and chairperson of Biocon, says: "Biopharma has a
huge role to play in the future of medicine, and many of the medicines that we
are developing now will be game-changing. But developing blockbuster drugs
shouldn't be about making a billion dollars - it should be about serving a
billion patients. That's when we will have global equity in healthcare."
The index was built from 1,165 survey respondents across 20 countries (95%
pharma and biopharma executives and 5% healthcare policymakers), in addition to
in-depth interviews with eight experts from biopharma and healthcare
policymaking.
For the full report and more facts, visit this page (
).
About Cytiva
Cytiva is a global life sciences leader with more than 7,000 associates across
40 countries dedicated to advancing and accelerating therapeutics. As a trusted
partner to customers that range in scale and scope, Cytiva brings speed,
efficiency and capacity to research and manufacturing workflows, enabling the
development, manufacture and delivery of transformative medicines to patients.
(1) Using the World Bank country classifications, based on gross national
income per capita
SOURCE Cytiva
CONTACT: US/Europe, Colleen Connolly, Colleen.connolly@cytiva.com, or Asia
Pacific, Iris Zhao, Meng.zhao@cytiva.com
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