During The Hill’s panel discussion last week, The Future of Cancer Care, policymakers and experts highlighted significant strides in cancer treatment—and the role of policy in supporting (or thwarting) innovation.
Why it matters: By 2050, the number of people worldwide with cancer could rise 77%, with 1 in 5 people alive today expected to develop cancer in their lifetime, according to a recent American Cancer Society report.
“Five years ago, metastatic melanoma was often a death sentence,” said Rep. John Joyce, M.D. (R-PA), a dermatologist. “Now, diseases like metastatic melanoma are curable with the treatments that have developed since I came to Congress—not because of what I did in Congress, but because of the innovation and research that industry continues to do.”
We need to “remove those drugs that are successful for treating multiple diseases…from the Medicare price negotiations, so that we can continue to see that innovation extend into other arenas,” continued Rep. Joyce. “We want to see that investment occur in research and development. And the only way that we can see that being successful is with a minor modification, a minor tweak, if you will, to the IRA.”
The Cancer Moonshot is a priority, said Rep. Wiley Nickel (D-NC), who lost his father to cancer: “We have the resources to do it. We need to make those investments.”
“Innovation without universal access is insufficient,” said BIO President & CEO John F. Crowley. “Let’s identify and break down barriers to access.” He called for passage of the ORPHAN Cures Act and EPIC Act to fix the small molecule “pill penalty,” as well as find a way to address out-of-pocket costs in oncology.
The bottom line: “In the last 10 years in oncology, we’ve had 133 new medicines approved—14 last year,” continued Crowley, citing cancer innovations from CAR T to gene therapy, vaccines, and mRNA. “That’s good, but it’s not enough.”
Watch and share highlights from John F. Crowley’s remarks: