oncology

Accelerating Immuno-Oncology Therapies to Market

In their 2015 industry report, the Pharmaceutical Research and Manufacturers of America (PhRMA) estimated over 800 cancer therapies were in the industry pipeline—citing that approximately 80% of these drugs have the potential to be first-in-class medicines. One of the most groundbreaking areas in oncology today is checkpoint inhibitor immuno-oncology (I-O) treatments, with the American Society of Clinical Oncology (ASCO) naming immunotherapy as its 2016 Advance of the Year. Checkpoint inhibitor I-O treatments unlock immune system cells, allowing the cells to recognize and fight cancer tumors, and have shown early efficacy gains that have given hope to many oncology researchers, physicians, and patients. An exciting breakthrough that raises the question—what is the fastest and safest way to get these new treatments to patients?

ASCO Conceptual Value Framework Demonstrates Gap in US Healthcare Valuation Process

The ongoing debate around the high cost of drugs in the United States, especially in oncology, has produced interesting responses from special interest groups. The American Society for Clinical Oncology (ASCO) is the latest to enter the fray, believing they may have found a solution for drug valuation in the United States. Does ASCO’s new framework solve a problem in the drug evaluation process in the United States, or does it expose a serious and still unmet need?