Get the Right Skills to Maximize Your Business Development Activity at #BIO2017

There is no better place to make the connections you need to secure licensing, investment and procurement deals than BIO One-on-One PartneringTM meetings at BIO 2017, and no better program to prepare you than the BIO Executive Training Workshops, held June 17-19 immediately prior to the BIO International Convention in San Diego.

The BIO Business Development Fundamentals and Advanced Business Development Courses are aimed at helping to prepare you for the partnering, networking, and deal-making activity at BIO’s portfolio of partnering and investment conferences and help you maximize your deal-making at this year’s BIO International Convention.

The BIO International Convention hosts 35,000+ partnering meetings among 3,600+ biotechnology companies in 3.5 days. Are you prepared to engage in discussion about:

  • Valuation and Deal Structuring Concepts and Trends?
  • Financial Modeling and Valuation in Licensing?
  • The Role of Intellectual Property In Creating Value?
  • Market Models, Competition, Cash Flow Estimates?

Save $300 on a BIO Executive Training Course when you register for Convention Access at the BIO International Convention. Register for the Fundamentals or Advanced Course today and expand your partnering toolbox!

Each course is taught by experienced business development professionals from leading pharmaceutical and biotechnology firms, and experts from the fields of law and public relations. All instructors have deep hands-on experience with deals and licensing in the biotech industry.

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BIO Releases Largest Study Ever on Clinical Development Success Rates

On Wednesday, BIO released the largest ever study of clinical development success rates. The study, conducted in partnership with Amplion and Biomedtracker, recorded and analyzed 9,985 clinical and regulatory phase transitions, across 1,103 companies. Using clinical trial data from the past decade, “Clinical Development Success Rates 2006-2015” compares groups of diseases, drug modalities and other attributes to generate the most comprehensive analysis, to date, of biopharmaceutical R&D success.

“This study provides a wealth of information about drug development success rates across a broad range of indications,” said Cartier Esham, PhD, BIO’s Executive Vice President, Emerging Companies. “The results may be used to pinpoint disease areas and phases of development where the industry has been most successful in recent years, as well as areas presenting challenges along the capital intensive-pathway of drug development.”

Key findings from the study include:

  • Clinical trial programs that used selection biomarkers saw an overall likelihood of approval (LOA) from Phase I of 25.9%, compared to 8.4% when no selection biomarkers were used.
  • The overall LOA from Phase I for all developmental candidates was 9.6%, and 11.9% for all indications outside of Oncology.
  • Of the 14 major disease areas studied, Hematology had the highest LOA from Phase I (26.1%) and Oncology had the lowest (5.1%).
  • Oncology drugs were approved the fastest of all 14 disease areas.
  • Rare disease programs had higher success rates at each phase of development vs. the overall dataset.
  • Chronic diseases with high populations had lower LOA from Phase I vs. the overall dataset.

The study relied upon years of clinical program monitoring and data entry by Informa’s Biomedtracker service. BIO has long partnered with Biomedtracker to calculate success rates based on this data. More recently, BIO and Biomedtracker partnered with Amplion, the inventors of BiomarkerBase, to analyze the effects of biomarkers in clinical trial success.

“Combining Amplion’s biomarker database with Biomedtracker’s clinical transition records we were able to, for the first time, quantify the benefit of using selection biomarkers in drug development,” said study author David Thomas, CFA, BIO’s Senior Director of Industry Research. “In combination with the rare disease section of the report, these results appear to be revealing the overall strength in targeting well-defined, homogenous patient populations.”

A full version of the report is available for download here.

Thomas will be discussing the report on June 6 at the 2016 BIO International Convention during his session, “The State of the Innovation Industry.”

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