Are Resistant Infections the Next Pandemic? New Antibiotics Need New Incentives

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2020 Future of Health Summit

Are Resistant Infections the Next Pandemic? New Antibiotics Need New Incentives

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December 8 at 9 am PT/12 pm ET

 

Antibiotic treatment in COVID-19 patients is driving antimicrobial resistance (AMR) as secondary infections emerge. While large pharmaceutical companies have retreated from antibiotic development, smaller enterprises have compensated with innovative therapies to ensure an arsenal of anti-infective drugs. But numerous recent bankruptcies show that times are tough even for companies with newly approved antibiotics. Several large pharmaceutical companies recently joined in launching the billion-dollar Antimicrobial Action Fund for antibiotic development. This welcome investment buys time to right the market, but it is clear that a pull incentive is needed to drive the market. What are the lessons to learn from the UK NHS NICE subscription-model pilot? Is a pull incentive enough to attract private investment to antimicrobials? How can we develop a sustainable market for antibiotics so that drug-resistant infections do not become the next pandemic?
 

Speakers

Michael Boyle
President and CEO, Cystic Fibrosis Foundation

Nick Crabb
Programme Director, Scientific Affairs, National Institute for Health and Care Excellence (NICE)

Sally Davies
UK Special Envoy on Antimicrobial Resistance, UK Government

Odysseas Kostas
Partner and Senior Managing Director, Sarissa Capital
 

Moderator

Kevin Outterson
Executive Director, CARB-X; Professor of Law, N. Neal Pike Scholar in Health and Disability Law

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Published December 8, 2020