Tag Archives: Andrew Witty
It's Industry's Problem: A Fresh Take on R&D Costs
High in-house failure rates are slowing progress on pricing affordability, says GSK CEO Andrew Witty.
If there is one message that big pharma has applied consistently over the years, it is that drug development is very expensive. Big bucks and long-term investment in the institutional know-how and capacity built exclusively through private enterprise are what count [...]
Europe: New Vision, Old Ideas
Europe: New Vision, Old Ideas
The European industry is making saintly noises about collaboration, but vestiges of the old dogma remain, says Reflector.
If you want to know what the Vatican is thinking, a pontifical high mass is a good place to start. If you want to know what the European pharmaceutical industry is thinking, you can [...]
Posted in Europe, Guest Blog, Regulatory Also tagged EFPIA, Europe, European Federation of Pharmaceutical Industries and Associations, Richard Bergstrom Leave a comment
Europe’s Fiscal Crisis: Can Big Pharma Emerge Unscathed?
Europe’s current fiscal crisis, symbolized by the meltdown in Greece, is seen by big pharma as a temporary situation to be taken in stride—after all, the EU southern and eastern tier, with its chronically shaky finances and per capita incomes as low as a third of the EU norm, has historically been a marginal player [...]
Merck, Lilly, Pfizer: One for All and All for One
Just a month after Andrew Witty’s announcement that GSK will make more than 13,500 of its malaria compounds available to all, Pfizer, Merck, and Eli Lilly have thrown their do-gooder hats into the ring as well.
Together, the three drug giants will pull together an undisclosed dollar amount in seed funding and create the independent, non-profit [...]
Posted in Strategy Also tagged ACRG, Cancer, Diseases & Conditions, Eli Lilly, Health, Lung cancer, Pfizer 1 Comment

Arise Sir Andrew (Witty)