Financial Incentives to Support Unmet Medical Needs for Nervous System Disorders: A Workshop
January 20–21, 2015
Institute of Medicine
Keck Center
500 Fifth Street, NW
Room 100
Washington, DC 20001
Background:
The global burden of nervous system disorders is projected to significantly increase over time and is estimated to cost society more than $6 trillion per year by 2030 (World Economic Forum and Harvard School of Public Health, 2011). Although there have been recent international initiatives to better understand the human brain in order to develop new therapeutics, several large pharmaceutical companies have decreased investment or even withdrawn from their neuroscience research programs. The perceived high risk and low probability of success has made the neuroscience sector less attractive than other therapeutics areas for research and development (R&D), despite the large market potential. As a result, patients are often left with few if any options for treatment and thus there is a need to consider policy options to increase private-sector investment in R&D for nervous system disorders. With this context this public workshop will explore opportunities to foster private-sector innovation by supporting
new investments directed toward the development of novel therapeutics to meet unmet needs for nervous system disorders.
Meeting Objectives:
The workshop will bring together key stakeholders to explore opportunities to increase private-sector investments directed toward the development of novel therapeutics to meet unmet needs for nervous system disorders. Presentations and discussions will be designed to:
SESSION I: OVERVIEW AND BACKGROUND
Session Objectives:
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January 20, 2015 |
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| 8:30 a.m. | Welcome and Workshop Objectives |
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DENNIS CHOI, Workshop Co-Chair |
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Professor and Chair, Department of Neurology, School of Medicine |
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Director, Neurosciences Institute |
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Stony Brook University |
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TIMOTHY COETZEE, Workshop Co-Chair |
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Chief Advocacy, Services, and Research Officer |
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National Multiple Sclerosis Society |
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| 8:45 a.m. | Overview of Unmet Medical Needs for Nervous System Disorders |
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STEVEN HYMAN |
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Professor of Stem Cell and Regenerative Biology |
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Director, Stanley Center for Psychiatric Research |
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Broad Institute, MIT and Harvard University |
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| 9:15 a.m. | Policy-Based “Pull” Incentives for Creating Breakthrough CNS Drugs: Background Neuron Paper |
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DENNIS CHOI, Workshop Co-Chair |
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Professor and Chair, Department of Neurology, School of Medicine |
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Director, Neurosciences Institute |
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Stony Brook University |
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| 9:45 a.m. | CNS Incentives in the Context of Other Therapeutic Areas |
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DAVID MEEKER |
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President and Chief Executive Officer |
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Genzyme, A Sanofi Company |
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| 10:05 a.m. | Discussion with Speakers and Participants |
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Moderators: Dennis Choi and Timothy Coetzee |
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| 10:30 a.m. | BREAK |
SESSION II: MARKET PROTECTIONS
Session Objectives:
| 10:45 a.m. | Overview of Current Intellectual Property Protections: Patents and Data Package Protection |
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ROBERT ARMITAGE, Session Chair |
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IP Strategy and Policy Consultant |
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Former Senior Vice President & General Counsel, Eli Lilly and Company |
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| 11:05 a.m. | Panel Discussion: How Might New Market Protections Impact R&D Investment Decisions? |
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Moderator: Robert Armitage |
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Discussion Questions:
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Panelists:
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| 11:45 a.m. | Discussion with Panelists and Workshop Participants |
| 12:15 p.m. | LUNCH |
| 12:45 p.m. | Panel Discussion: Potential Policy Pathways and Their Implications |
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Moderator: Ben Roin, Assistant Professor, MIT Sloan School of Management |
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Discussion Questions:
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Panelists:
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| 1:15 p.m. | Discussion with Panelists and Workshop Participants |
| 1:45 p.m. | Response Panel and Discussion with Participants |
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Moderator: Robert Armitage |
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Discussion Question:
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Panelists:
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| 2:45 p.m. | BREAK |
SESSION III: INCENTIVES THROUGH INNOVATIVE REGULATORY PATHWAYS
Session Objectives:
| 3:00 p.m. | Session Overview |
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JANET WOODCOCK, Session Chair |
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Director, Center for Drug Evaluation and Research |
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Food and Drug Administration |
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| 3:10 p.m. | The Promise and Pitfalls of Changing Regulatory Standards to Spur CNS Drug Discovery |
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AARON KESSELHEIM |
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Associate Professor of Medicine |
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Harvard Medical School and Brigham and Women’s Hospital |
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| 3:25 p.m. | Six Opportunities for Improving Pathways to Market: A Global Perspective |
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RAJ LONG |
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Senior Regulatory Officer-Integrated Development, Global Health |
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The Bill & Melinda Gates Foundation |
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| 3:40 p.m. | Panel Discussion: New or Existing Regulatory Approval Pathways |
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Moderator: Janet Woodcock |
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Discussion Topics: |
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Panelists:
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| 4:20 p.m. | Discussion with Panelists and Workshop Participants |
| 5:00 p.m. | Adjourn Day 1 |
January 21, 2015
SESSION IV: IMPACT OF FINANCIAL INNOVATION ON THE PATIENTS
Session Objectives:
| 8:30 a.m. | Session Overview |
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GEORGE VRADENBURG, Session Chair |
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Chairman, Founding Board Member |
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USAgainstAlzheimer’s |
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| 8:40 a.m. | Potential Impact of New Treatments on Health Care Costs |
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Defining Value for Innovative Therapeutics to Meet Unmet Medical Needs for Nervous System Disorders |
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ROGER LONGMAN |
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Chief Executive Officer |
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Real Endpoints |
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| Economic Cost and Impact of Nervous System Disorder Prevention and Treatment Strategies | |
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ADELINA COMAS-HERRERA |
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Research Fellow |
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London School of Economics and Political Science |
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| 9:10 a.m. | Balancing Access, Value, and CNS Drug Risks: |
| Societal Impact | |
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Tension and Trade-Offs for Incentivizing Innovative Therapeutics |
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PETER UBEL |
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Professor of Business, Public Policy and Medicine Duke University |
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Value and Costs of Innovative Therapies to Patients |
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GAIL MADERIS |
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President and Chief Executive Officer |
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BayBio |
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Practical Considerations with the Implementation of Innovative Medicines into Generally Accepted Practice That Is Reimbursable |
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RHONDA ROBINSON BEALE |
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Senior Vice President and Chief Medical Officer |
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Blue Cross of Idaho |
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| 9:55 a.m. | Discussion with Attendees |
| 10:30 a.m. | BREAK |
SESSION V: MEETING RECAP AND OPPORTUNITIES FOR IMPACTING CHANGES TO U.S. POLICY
Session Objectives:
| Session Chairs: Dennis Choi and Timothy Coetzee | |
| 10:45 a.m. | Mobilizing a Path Forward: Translating Ideas into Policy |
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HONORABLE PATRICK KENNEDY |
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Co-Founder, One Mind |
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The Kennedy Forum |
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| 11:00 a.m. | Discussion with Workshop Participants |
| 11:15 a.m. |
Session Chairs II-IV: Presentation of Key Themes
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ROBERT ARMITAGE |
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IP Strategy and Policy Consultant |
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Former Senior Vice President & General Counsel, Eli Lilly and Company |
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JANET WOODCOCK |
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Director, Center for Drug Evaluation and Research |
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Food and Drug Administration |
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GEORGE VRADENBURG |
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Chairman, Founding Board Member |
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USAgainstAlzheimer’s |
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| 11:55 a.m. | Discussion with Workshop Participants |
| 12:30 p.m. | LUNCH |
| 1:00 p.m. | Next Step Panels |
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Discussion Questions:
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| 1:00 p.m. | Next Steps: The Potential Role of Academic Societies to Advance Policy-Based Incentives for CNS Drug Discovery and Development |
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Moderator: Walter Koroshetz, Acting Director, National Institute of Neurological Disorders and Stroke |
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Panelists:
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| 2:00 p.m. | Next Steps: The Potential Role of Patient or Disease Advocacy Groups to Advance Policy-Based Incentives for CNS Drug Discovery and Development |
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Moderator: Margaret Anderson, Executive Director, FasterCures |
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Panelists:
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| 3:00 p.m. | Next Steps: The Potential Role of the Private Sector (Industry and Foundations) to Advance Policy-Based Incentives for CNS Drug Discovery and Development |
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Moderator: Bernard H. Munos, Founder, InnoThink Center for Research in Biomedical Innovation; FasterCures |
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Panelists:
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| 4:00 p.m. | Discussion with Workshop Participants |
| 4:30 p.m. | Closing Remarks |
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DENNIS CHOI Workshop Co-Chair |
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Professor and Chair, Department of Neurology, School of Medicine |
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Director, Neurosciences Institute |
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Stony Brook University |
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TIMOTHY COETZEE, Workshop Co-Chair |
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| Chief Advocacy, Services, and Research Officer National Multiple Sclerosis Society | |
| 4:45 p.m. | ADJOURN |
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