In one instant, your life is turned upside down. A small accident, a slight stutter, a mild discomfort proves to be something much bigger.
At that point, there is no turning back.
On 29th February, Rare Diseases Day helped us remember how #lifesciences and #biotech professionals have a key role to play helping cure rare diseases.
A rare disease is defined as a condition that affects less than 200,000 people in the USA and fewer than 1 in 2,000 people in the EU.
In the past, the development of orphan drugs was made difficult due to the small size of patient populations, which acted as a barrier for commercial development in the research and development of rare diseases. Yet, a rare diseases, especially when it affects children, has been proven to have a huge societal and economic toll.
To address this disconnect, significant IP, regulatory and commercial incentives have been implemented to accelerate development of new treatments, first in the US (1983), in Japan (1993) and finally in the EU (2000).
Treatments have been brought to market and more will come. (see this recap paper of key late-stage pipeline developments from IQVIA ➡ https://lnkd.in/daf3fudb)
Beyond these incentives, the development of rare diseases have been pushed forward significantly by one strong tailwind: the unwavering commitment of patients community.
Patients affected by rare diseases may be few but the families and communities affected are extremely large... and extremely vocal.
In the US, we saw the strength of such communities around the approval of novel treatments for Duchenne Muscular Dystrophy by Sarepta Therapeutics. The fight continues.
In France , the AFM-Téléthon has been unrelentingly advocating public authorities for years to support the development of novel treatments. It is today one of the most popular association in France.
Today, with the support of Bpifrance and other key public and private stakeholders, it is building a very comprehensive #biotech ecosystem of public research institutes, investors, startup studios and biopharma players to further accelerate this effort.
This is today. There is no turning back. ✊
#rarediseasesday #rarediseases #orphandiseases #pediatrics
#businessdevelopment #patientadvocacy
https://lnkd.in/dQ7kD43E
Thank you for sharing how your organisation supports employees living with critical illness, it demonstrates brilliant ways employers can show they value employees.