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Cures, drug pricing, and collaboration are red-hot topics at summer life sciences conferences

by Greg Reh, Vice Chairman, US and Global Life Sciences Leader, Deloitte LLP

Two of the nation’s largest life sciences conferences are being held this week – and there definitely is no shortage of topics to dig into this year. The Biotechnology Innovation Organization’s (BIO) International Convention is taking place in San Diego, while the Drug Information Association’s (DIA) conference will be in Chicago. Several of my colleagues plan to share some of the industry’s latest thinking in sessions and meetings…and probably during informal coffee break chats,

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Value-based contracting could help biopharma share drug costs, risks

by Ralph Marcello, Principal, Deloitte Consulting LLP

Drug pricing has been under a microscope for the past several years. It was on the platform during last year’s presidential election, and is a focus for the White House, Congress, and regulators. It seems only appropriate that we spend a little time discussing drug pricing at this year’s BIO International Convention.

Scientific progress is leading to effective but sometimes expensive treatments.

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Precision Medicine Initiative takes another big step forward

by Doug Beaudoin, Principal, Deloitte Consulting LLP

This week, the National Institutes of Health (NIH) is moving forward with its Precision Medicine Initiative (PMI), through the launch of its All of Us Research Program. The program aims to collect information on lifestyle, the environment, and biometric data from 1 million Americans. PMI’s goal is to advance understanding of the underlying factors that influence health,

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Curative therapies: Can breakthrough reimbursement models break through financial barriers?

by Tom Yang, Principal, Monitor Deloitte, Deloitte Consulting, LLP

For biopharma companies, it can be far more profitable to treat a disease than cure it. The traditional business model largely relies on the delivery of chronic therapies that slow disease progression and/or alleviate symptoms for patients with serious medical conditions. But the business model for curative therapeutics is different, and runs counter to this and many other industries where a successful product commonly leads to more customers and bigger profits.

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With or without IPAB, we could see cuts to Medicare in 2018

by Sarah Thomas, Managing Director, Deloitte Center for Health Solutions, Deloitte Services LP

Earlier this month, the House sent the American Health Care Act (AHCA) to the Senate, which is now crafting its own bill to repeal and replace key elements of the Affordable Care Act (ACA) through budget reconciliation. A provision of the ACA that was once in the crosshairs of Republican lawmakers has appeared to receive little attention in recent years.

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Telehealth policy moves forward

by Doug Beaudoin, Principal, Deloitte Consulting LLP

Last month, the Senate Finance Committee passed a bipartisan bill aimed at strengthening and improving health care outcomes for chronically ill Medicare beneficiaries. The committee unanimously approved the Creating High-Quality Results and Outcomes Necessary to Improve Chronic (CHRONIC) Care Act of 2017 in a 26-0 vote on May 19 (see the May 22, 2017 Center for Health Solutions’ blog by Ryan Haggerty).

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