Innovation Today

We hear about medical breakthroughs every day, but no one talks about the thousands of talented, dedicated, hardworking people behind a new medicine or tool. There isn’t one elite team of top-notch scientists cranking out brilliant ideas for blockbuster drugs. There are thousands of these teams, performing countless experiments, making endless calculations and performing millions of tests – each contributing a piece of data, or a new hypothesis to the body of knowledge that leads to a new drug.

The scientists who make discovery their life’s work, and the patients who benefit from their ingenuity, both have stories of hope to tell. Scientists hope for a successful discovery, while patients succeed in discovering hope.

Research & Development
The vast majority of compounds that enter the research and development pipeline do not make the final cut, and a successful drug can cost hundreds of millions of dollars to develop.

Economic Impact Study
Biopharmaceutical research companies directly employ 686,000 people in the United States and generate millions of jobs in other industries.

Major Innovations
While the research and development of new tools and therapies can take years to show positive results, even the most modest studies contribute to the body of knowledge that creates amazing breakthroughs.

Medicines in Development
At any given time, there are hundreds of new medicines at various stages of development. Encouraging research will help bring new and more effective therapies to market.

Education
Investments in science, technology, engineering and mathematics education help to secure the future of medical innovation by supporting and nurturing the researchers of tomorrow.
 

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