Clarion Announces Publication in Drug Discovery Today – Small biotechs versus large pharma: Who drives first-in-class innovation in oncology?
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Boston, MA – January 3, 2023 — Clarion, a Lumanity business, a life sciences strategy and organizational consultancy that works together with its clients to envision, craft, and enable growth through scientific and commercial innovation and leadership, is thrilled to announce the publication of Small biotechs versus large pharma: Who drives first-in-class innovation in oncology?
There is a narrative that large pharma relies on biotech and academia for drug innovation. We tested this thesis by identifying the originators of all 50 first-in-class (FIC) oncology drugs that were approved by the FDA from 2010 through 2020. Overall, the numbers support the narrative: large pharma was the sole originator of only 14% of FIC cancer drugs, whereas small biotechs originated 46%, and academic labs 14%. However, origins tell an incomplete story: large pharma companies launched or were involved in launching 76% of FIC cancer drugs. Moreover, three of the five top-selling FIC oncology drugs had large pharma origins. Thus, although biotechs and academia do originate more drugs, large pharma remains important in shepherding drugs through clinical development and approval, and in originating high-impact novel therapies.
Highlights
• The narrative that big pharma relies on biotech for innovation is partly true.
• Large pharma originates fewer first-in-class cancer drugs than small biotechs.
• Academia is on par with large pharma in terms of cancer drug discovery.
• Large pharma still launches the majority of drugs, regardless of origin.
• Large pharma also originates many of the most clinically impactful, top-selling drugs.
To read the full article on Drug Discovery Today, please click HERE.
About Clarion | A Lumanity Business
Clarion, a Lumanity business, is a life sciences strategy and organizational consultancy that works together with its clients to envision, craft, and enable growth through scientific and commercial innovation and leadership. Across therapeutic categories, Clarion collaborates deeply with its clients to tackle their most complex cross-functional business challenges and decisions throughout the product and company lifecycle. From start-up to global multinational companies, Clarion helps assemble and deliver on inspired strategies that require creativity, insight, and collaboration. Clarion builds leaders in the life sciences. Based in Boston, Massachusetts, Clarion was founded in 2003 and joined Lumanity in 2022. For more information, visit www.clarionhealthcare.com and follow us on Instagram and LinkedIn.