BIO SmartBrief Reader’s Predictions for Biotech 2010

Here’s what I find interesting about this survey:

  • Follow-on biologics are currently in the news big time, so it is probably no surprise that BIO members see this as a major issue. However, it and intellectual property protection should probably go hand-in-hand.
  • The drug pricing and importation issue will probably become just that, a bigger issue if we go through any type of healthcare reform. There was a fair amount of news today about Congress debating cheaper imports.
  • According to readers, stem cell research will continue to receive the most media attention in 2010. Probably because it is still considered controversial and controversy sells.
  • There is no question that access to capital is the biggest issue facing the industry right now… but is it? According to Burrill & co., the industry raised nearly $18B this year compared to $10B last year. Partnering netted the industry more than $30B. So, with nearly $50B raised, 2009 will go down in history as the industry’s second largest financing year!
  • (image source: Bio smartBrief)

    UPDATE:
    Cliff Cramer, Director of the Healthcare and Pharmaceutical Management Program at Columbia Business School, and a 25 year veteran of the healthcare industry, posted 4 predictions for 2010 at the Biotech Blog

    . Among his predictions

  • Larger investments in emerging markets, notably China and India.
  • Increasing use of IT by the healthcare industry – most likely in the form of PHRs and EMRs.
  • Continued healthcare reform focusing on increased access, affordability and quality patient care.
  • Continued consolidation, especially among pharmaceutical companies looking to fill empty pipelines and manage earnings before major near-term patent expirations.
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