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Rutgers Business School and the Blanche and Irwin Lerner Center will explore trends and issues facing the biopharmaceutical industry at a healthcare symposium, Tuesday, April 30
Date:4/23/2013

an itemprop="name">John Castellani , president and CEO of Pharmaceutical Research and Manufacturers of America, will offer his perspective on trends in the industry as the symposium's keynote speaker. Castellani leads the trade association, known familiarly as PhRMA, that represents the nation's major pharmaceutical research and biotechnology companies.

The symposium will delve into some of the industry's most pressing issues, including the latest innovations to make clinical trials more cost efficient, the progress of FDA efforts to expedite the development of "breakthrough'' drugs, regulatory crackdowns on the manufacturing of injectable medicines and the status of efforts to supply the nation with new anti-infectives.

Sherman is also expected to provide an update on the widely anticipated introduction of biosimilars, new, slightly modified versions of existing biologic medicines that include many powerful cancer-fighters.

The medicines, which have been available in Europe for nearly five years, were expected to provide U.S. patients with alternatives to the high-priced biologics and to help major pharmaceutical companies boost revenues.

"The agency is committed to moving the science forward as soon as possible," Sherman said in an interview leading up to the symposium, "but to date, the FDA has not received an application."

There are no indications that regulators will be reviewing one of the new medicines within the next 10 months. The progress of their development, Sherman said, sits with the drug makers.

"We are doing everything we can," she said, "not to be the stumbling block, by providing for a clear and transparent pathway."

Rutgers Business School offers one of the top-rated MBA programs in

SOURCE Rutgers Business School
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