There are a number of important priorities for the biopharmaceutical sector in the face of the rapid spread of the novel coronavirus. These include prioritising the development of (1) treatment for those infected, (2) a vaccine to prevent COVID-19 and (3) diagnostics kits to identify the disease – all while supporting global healthcare systems to face the major strain they are facing and continuing to supply essential medicines, vaccines and diagnostics for patients with other life-threatening diseases.
This week, we saw a number of biopharmaceutical companies come out with commitments that seek to address these priorities:
On March 19th, biopharmaceutical companies aligned under the auspice of the IFPMA to issue a joint sector-wide commitment to “support the fight against the spread of COVID-19”. In this commitment, biopharmaceutical companies commit to screening their libraries of medicines to identify potential treatments, undertaking numerous clinical trials, sharing real-time clinical trial data with governments and other companies, dedicating expertise to speed up the development of vaccines, supporting global healthcare systems, scaling up the capacity of diagnostics testing for COVID-19 and increasing and sharing their manufacturing capacity once a vaccine or treatment is developed. They also commit to working to secure the continuity of supply for other essential medicines, vaccines and diagnostics.
“Pfizer calls on all members of the innovation ecosystem – from large pharmaceutical companies to the smallest of biotech companies, from government agencies to academic institutions – to commit to work together in addressing this dire crisis. With our combined efforts we know that there is no health challenge that we cannot overcome.”
Albert Bourla, CEO, Pfizer, Pfizer Outlines Five-Point Plan to Battle COVID-19 (13 March 2020)
“We are dealing with an extraordinary and unprecedented public health crisis that requires an incredible level of involvement and collaboration across government, society and business.”
Vas Narasimhan, CEO, Novartis, Novartis announces broad range of initiatives to respond to COVID-19 Pandemic; Creates USD 20 million global fund to support impacted communities (17 March 2020)
“We have a strong sense of responsibility to act together, as well as in partnership with the World Health Organization (WHO), governments and health systems across the world in a concerted, collective response.”
Thomas Cueni, Director General, International Federation of Pharmaceutical Manufacturers & Associations (IFPMA), Global Biopharmaceutical Industry Commitment to Address Coronavirus Public Health Crisis (19 March 2020)