Country for PR: United States
Contributor: PR Newswire New York
Tuesday, March 09 2021 - 18:00
AsiaNet
Cytiva and Longitude (a Financial Times company) reveal five major challenges for the industry in new Global Biopharma Resilience Index
AMERSHAM, United Kingdom, March 9, 2021 /PRNewswire-AsiaNet/ --

- A survey of 1,165 biopharma executives and healthcare policymakers across 20 
countries measured ability of industry to respond to global needs in five 
areas: Supply chain resilience, talent pool, R&D ecosystem, manufacturing 
agility, and government policy and regulation

- There is a strong correlation between higher performing countries and higher 
income per capita; United States leads the index overall but Switzerland and 
China have most resilient supply chains

- First such study to cover wide range of topics and respondents

Global life sciences leader Cytiva, along with the Financial Times' research 
arm Longitude, have compiled a global index, ranking the ability of the 
biopharma industry to respond to five major challenges; in supply chain, 
talent, research and development, manufacturing, and government policy and 
regulation.

Respondents answered questions on a scale of 1 to 10 in each of the five 
areas.  The average of all responses resulted in the rating of each country's 
biopharma capabilities as well as the strength of the global industry. With an 
overall index score of 6.6 out of 10, the industry looks vulnerable - and has 
scope to improve across a number of critical areas. In the overall index, the 
United States ranks first, with a 7.12 score. Switzerland and the UK follow 
closely. 

Russia, China and India are leading in the lower-middle income and 
upper-middle-income economy countries(1), despite having large populations and 
lower GNI per capita than some of the other countries in this group. However, 
the index also highlights a clear divide between high-income vs 
upper-middle-income and lower-middle-income economies. The upper-middle-income 
and lower-middle-income economies tend to score lower on the index: this 
indicates that they have less resilient biopharma industries, which creates a 
significant risk in terms of global access to vital medications.

Emmanuel Ligner, President and CEO, Cytiva, says: "As a partner to global 
biopharma companies, we wanted to offer this overview of where the industry is 
performing well, and where there are some pain points.  The data is built by 
listening to customers and key players, and gives us insight into major 
concerns. With this data, we'll have even more fruitful conversations and be 
better prepared to work with customers and stakeholders to address 
industry-wide challenges." 

Kiran Mazumdar-Shaw, founder and chairperson of Biocon, says: "Biopharma has a 
huge role to play in the future of medicine, and many of the medicines that we 
are developing now will be game-changing. But developing blockbuster drugs 
shouldn't be about making a billion dollars - it should be about serving a 
billion patients. That's when we will have global equity in healthcare."

The index was built from 1,165 survey respondents across 20 countries (95% 
pharma and biopharma executives and 5% healthcare policymakers), in addition to 
in-depth interviews with eight experts from biopharma and healthcare 
policymaking.

For the full report and more facts, visit this page ( 
https://c212.net/c/link/?t=0&l=en&o=3089997-1&h=1271337324&u=https%3A%2F%2Fwww.ft.com%2Fpartnercontent%2Fcytiva%2Fhub.html&a=this+page 
).

About Cytiva
Cytiva is a global life sciences leader with more than 7,000 associates across 
40 countries dedicated to advancing and accelerating therapeutics. As a trusted 
partner to customers that range in scale and scope, Cytiva brings speed, 
efficiency and capacity to research and manufacturing workflows, enabling the 
development, manufacture and delivery of transformative medicines to patients.

(1) Using the World Bank country classifications, based on gross national 
income per capita

SOURCE  Cytiva

CONTACT: US/Europe, Colleen Connolly, Colleen.connolly@cytiva.com, or Asia 
Pacific, Iris Zhao, Meng.zhao@cytiva.com

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