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Preserving a Virtuous Cycle: The Economics of Biopharmaceutical Innovation

Preserving a Virtuous Cycle: The Economics of Biopharmaceutical Innovation
Friday, March 24, 202312:00 PM to 1:00 PM EST
Hart Senate Office Building 902120 Constitution Ave NEWashington DC 

Event Summary

Over the past 40 years, the United States has crafted the world’s leading biopharmaceutical innovation ecosystem by fostering a favorable public policy environment that stimulates private sector-driven life-sciences innovation.

Watch the release event of a new report that examines the dynamics that underpin the economics of biopharmaceutical innovation and how to maintain a supportive environment that keeps the United States in the lead of life-sciences innovation. The report and event examined biopharmaceutical innovation and increased U.S. life expectancy revenues and profitability of key actors in the supply chain, from manufacturers to middlemen; and how an effective combination of “push” and “pull” innovation policies can maximally support life-sciences innovation.


David Cutler
Otto Eckstein Professor of Applied Economics
Harvard University
Stephen Ezell@sjezell
Vice President, Global Innovation Policy, and Director, Center for Life Sciences Innovation
Information Technology and Innovation Foundation
Sue Peschin@SuePeschin
President and CEO
Alliance for Aging Research
Neeraj Sood
Professor and Vice Dean for Research
USC Price School of Public Policy
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