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Lessons from the last 20 years 

Lessons from the last 20 years
Chapter:
Lessons from the last 20 years
Author(s):

Richard Barker

DOI:
10.1093/med/9780198737780.003.0004
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date: 20 October 2017

A review of a dozen case examples of pharmaceutical innovation—from HIV to stomach ulcers—and others from vaccines, diagnostics, and medical devices give many pointers to the way forward to more productive and sustainable medical innovation. A sense of urgency, strong patient and public engagement, regulatory flexibility, cross-sector collaboration, and creativity on payment mechanisms all need to be built need to our new models, as we move into an era of precision medicine. We can also learn from other industries—from aerospace to IT—greater innovation around increased cost-effectiveness.

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