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In 2016, spend on so-called specialty drugs, a class that contains many biologics, grew by over 13 percent, while spend on traditional drugs actually declined by 1 percent. With an exciting and productive 2017 behind us, we turn towards what Health Advances’ Biopharma Practice is excited to see in 2018.
Five of the top 10 earning drug therapies in the U. by Wyatt Gotbetter, Partner; Carrie Jones, Vice President; Laura Hatton, Consultant Of the 60 applications received, over 25 clinical specialties (e.g., cardiology, critical care monitoring, neonatology, pulmonology) were identified as potential areas of opportunity for pediatric device development.
Health Advances is proud to partner with Challenge co-sponsors, the Boston Pediatric Device Consortium and the Innovation and Digital Health Accelerator at Boston Children’s Hospital, to accelerate the development of technologies that can bridge gaps in pediatric treatment and care and improve the lives of children and adolescents.
“The multitude of promising technologies and concepts submitted to serves as an encouraging sign of progress in pediatric device development,” said Susan Posner, Partner and Co-Leader of the Med Tech Practice at Health Advances.
In our first post we highlighted the many successes of 2017, including record approvals in the US spanning a wide variety of disease areas.In this post we want to address what we foresee as the biggest challenges our clients faced in 2017, and will face in 2018 – a turbulent regulatory environment and evolving models of care.By Wyatt Gotbetter, Partner; Carrie Jones, Vice President; Laura Hatton, Consultant Health Advances’ Biopharma Practice had a very busy 2017 supporting our clients as they advanced exciting new drug assets and technologies, expanded businesses and served more patients, all while navigating a turbulent and often uncertain political environment.By Wyatt Gotbetter, Partner; Carrie Jones, Vice President; Laura Hatton, Consultant clearance for a digital therapeutic for disease treatment.re SET combines patient-facing mobile assessments and interventions with clinician-facing analytics and dashboards.By Nick Haluck, Director at Health Advances Health Advances is proud to be a provider partner to the Boston Pediatric Device Strategic Partner Challenge!This Challenge addresses the critical need for pediatric device development, and we are thrilled to partner with the Boston Pediatric Device Consortium and the Innovation & Digital Health Accelerator at Boston Children’s Hospital to promote this exciting opportunity – see full press release here.Health Advances will be providing quarterly business planning strategy support to (a) selected winner(s).“Pediatric care is an underserved area in medical devices with promising opportunities for current and emerging innovators seeking to improve pediatric healthcare worldwide,” said Susan Posner, Partner and Co-Leader of the Med Tech Practice at Health Advances.“Our Health Advances team is excited to be a part of this.” We look forward to meeting applicants at the “Meet the Challenge Partners” Event on Tuesday, September 19.Learn more about the Challenge and apply by October 13, 2017.