While the world has been grappling with the COVID-19 pandemic, another dangerous “silent” pandemic is lurking: antimicrobial resistance.
ICYMI: Antimicrobial resistance directly caused at least 1.27 million deaths in 2019—but as a BIO report released last week explained, the pipeline is “insufficient” to meet the growing threat, with just one new antibacterial drug for a new target approved in 35 years and antibiotic development receiving billions less in investment than oncology, as one example.
“There will come a time when, if we don’t solve this problem, we will run a sizable risk of death” from common surgeries and procedures, said Greg Frank, Director of Global Public Policy at Merck, during a panel at last week’s BIO CEO and Investor Conference.
“We need to address the issue of brain drain in the industry,” said Henry Skinner, CEO of the AMR Action Fund. “Every company that shutters its doors or closes their research programs represents that much more brainpower that we have lost in the fight against AMR.”
“Traditional market dynamics don’t apply to antimicrobials,” Emily Wheeler, BIO’s Director of Infectious Disease Policy, told Endpoints News. “Also, we find that antimicrobials are often undervalued for the benefits that they bring to patients and to society, and therefore that suppresses the return that a company is able to make on the product as well. So really taken together—these challenges create a market with little to no return on investment for these specific antimicrobial medicines.”
One positive: there is consensus around the need to address AMR, noted Frank. “Civil society, medical groups, and patient groups have all aligned around, and recognized that, there are solutions.”
A few possibilities: The PASTEUR Act and The DISARM Act could help address the unique market challenges for novel antimicrobials—learn more.
Read More: The full report is available here, and you can read additional coverage in Bloomberg Law and Fierce Biotech.
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