> I’m fond of saying that the most important single statistic about the drug industry is the clinical failure rate, which is (by any reasonable standard) appallingly high. He starts off on the wrong note, there is nothing at all wrong with a high rate of clinical failures. If anything, the reasonable argument standard might be that this rate is too low. It implies researchers are trying things that they expect to hav…
Rather notably, companies are profit-driven, not good-for-society driven. If 99% of your attempts which cost millions to do fail, the company either has to raise the prices of the drug insanely high or not work as a company. In addition, most drugs aren't humanity saving or crucial for humans to live. You could solve all forms of cancer tomorrow, which would be a great thing, but you aren't "saving humanity". You add…
Clinical failure rates over the decades: yikes
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Re: Clinical failure rates over the decades: yikes
#62Earlier quoted context omitted.
This comment makes no sense. Why would anyone make a drug if the current prevalent treatment was as good as a functional cure? What do lorbrena and keytruda have to do with the rate of failures being constant?
Keytruda revenue is 30+ billion per year. If your new drug performs 1% better than Keytruda, that revenue becomes yours. If your drug perfroms 1% worse, you become a failure in the statistics.
If you’re talking about copycat mechanisms, that is fine but we’re still left discussing successes when OP is about failures
Re: Clinical failure rates over the decades: yikes
#63Earlier quoted context omitted.
This comment makes no sense. Why would anyone make a drug if the current prevalent treatment was as good as a functional cure? What do lorbrena and keytruda have to do with the rate of failures being constant?
Lots of reasons. The new drug could be cheaper to manufacture, fewer side effects, a full cure in stead of a functional cure.
How will your clinical trial of the ostensible full cure work if standard of care is curing people?
Re: Clinical failure rates over the decades: yikes
#64I’ve been hearing for 10 years now on how “AI” will change this clinical rate. It’s now like the “This is the year of Linux” prediction meme. And like Derek has mentioned multiple times you can’t statiscialise biology. I don’t think many people get it so we have tech bros like us throw AI at data.
Re: Clinical failure rates over the decades: yikes
#65> But let’s think about that 91% failure rate for a moment. When I bring this up in presentations, I invite the audience to consider what the auto industry would look like of 91% of new car designs proved unable to roll out of the factory, or if 91% of new airliner models were unable to leave the ground - and if you only found that out after spending all the R&D money to build them at full size and trying to fly them…
Re: Clinical failure rates over the decades: yikes
#66Earlier quoted context omitted.
It's not for lack of trying. People are definitely trying to find better ways of finding stronger candidates earlier. People are trying to gain a more precise understanding of disease mechanisms. There are breakthroughs that I could have never imagined such as mRNA vaccines.
I would have to reread the piece carefully but I don't think "lack of trying by Biopharma" is consistent with the author's main argument. Because he is still being somewhat critical of the way it is currently done (why he cites the other industries). I simply disagree with his final sentence since it requires a different set of essay arguments, and also is subjective in the way say a political centrist might say "the…
Life science on the other hand is actually on a bleeding edge. Something actually revolutionary might emerge tomorrow after a grad student has an acid trip tonight.
Re: Clinical failure rates over the decades: yikes
#67Would make a small correction. It does not have to be people. It can be also be "doctors" or "governments". It is easier to convince or coerce/fool a lesser number of humans (doctors) or a single government regulatory body than to fool/convince every one who use the product, because the people can directly evaluate the product.
And when a single doctor is coerced, then the product is forced on hundreds of their patients. When a government is coerced, then the product is forced on tens of millions of people..
Re: Clinical failure rates over the decades: yikes
#68> But let’s think about that 91% failure rate for a moment. When I bring this up in presentations, I invite the audience to consider what the auto industry would look like of 91% of new car designs proved unable to roll out of the factory, or if 91% of new airliner models were unable to leave the ground - and if you only found that out after spending all the R&D money to build them at full size and trying to fly them…
Re: Clinical failure rates over the decades: yikes
#69> But let’s think about that 91% failure rate for a moment. When I bring this up in presentations, I invite the audience to consider what the auto industry would look like of 91% of new car designs proved unable to roll out of the factory, or if 91% of new airliner models were unable to leave the ground - and if you only found that out after spending all the R&D money to build them at full size and trying to fly them…
A large part of that failure rate is in phase 3. Your comparison with prototypes would be more like drug development before even phase 1. Phase 3 is enormously expensive, much more than the earlier parts. And what's even worse, you don't get to learn all that much from failures in drug development in many cases. You can't just fix the problem and try again, you essentially have to try a completely new molecule.
Re: Clinical failure rates over the decades: yikes
#70As with many cases where companies make seemingly bad decisions, I think a lot of the explanation lies in system dynamics. Think about the incentive structure inside large pharma companies - it is generally not a career advancement move for a project manager to kill the drug candidate they oversee. It is career advancing to get it approved for the next stage. What could possibly go wrong in this world?