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Anita Wagner and Katri Hämeen-Anttila.

Anita Wagner ja Katri Hämeen-Anttila.

Insight into rapidly changing pharmaceutical systems

“I’m afraid few patients and healthcare professionals know how many new prescription drugs enter the market with limited evidence on their benefit and safety. They need more and better information, as do decision-makers and payers covering medicine costs,” says Dr Anita Wagner, an Associate Professor of Population Medicine at Harvard Medical School. 

Wagner says that in the past decades, there have been significant changes in the drug approval process in the US, and more recently also in Europe. “Drug regulatory agencies, the FDA in the US and the EMA in Europe, increasingly use expedited pathways enabling new drugs to enter the market faster, and even regular pathways are more lenient than before. In the US, faster approvals have been applied to 75 percent of new drugs in the past decades, and to as many as 85 percent of new cancer drugs.”

“For patients, this means earlier access to drugs, and for manufacturers, quicker return on investment. However, faster market approval usually entails less evidence of benefit and safety. Manufacturers are expected to create post-marketing evidence while the drug is already being prescribed and used.”

“The launch prices of new drugs also increase rapidly, so we are in a situation where we spend more and more money on medicines with uncertain clinical benefits.”

What Wagner finds worrying is that while regulations on drug approval have changed, the regulations on communicating about them have not. “Many people think that every drug that has been approved by the FDA works and is safe. Doctors and insurance companies also have misconceptions and limited access to evidence behind newly approved drugs.”

We spend more and more money on medicines with uncertain clinical benefits.

Anita Wagner

Associate Professor

Anita Wagner.