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Cancer Companies. Companies?. Ultimate goal: CURE CANCER Pharmaceutical Biotechnology Research Centers A lot of them have “bio” “pharm” “tech” in their names!. Pharmaceutical. Development of therapeutics Cancer treatment methods Often times – research based Constant battle with FDA
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Companies? • Ultimate goal: CURE CANCER • Pharmaceutical • Biotechnology • Research Centers • A lot of them have “bio” “pharm” “tech” in their names!
Pharmaceutical • Development of therapeutics • Cancer treatment methods • Often times – research based • Constant battle with FDA Big names: Genetech, Pfizer, Johnson and Johnson
Biotechnology • Molecular assay development for detection of cancerous cells • Cancer screening process development • Manufacturing reagents • Aid the research process
Cells? • Where do they come from? • ATCC most of the time • Is using a cell line actually an accurate way to perform research in lab setting?
Problems? • Battle with FDA • Safety • High cost • It won’t go down any time soon • The new drug for prostate cancer (Medivation) costs $7,450/month! • It’s actually going up!! • Provenge costs $93,000 for a course of treatment and extends life by an average of four months. Yervoy costs $120,000 for three-and-a-half months. (Economist) • Competition • So many companies! • Over 100 in JUST North Carolina • They need to co-exist in order to maximize benefits though
Future? • Battle with FDA will never go away • Public/patients want the ‘cure for cancer’ • Big dreams success?
Discussion points • What are your thoughts on government regulation of therapeutic drugs? • Is government regulation impeding the advancement of cure for cancer? • Do pros outweigh the cons?