Company news: HGS, biotechs' regulatory distress and oncologists for more details
Eight in ten biopharma CEOs say the current FDA regulatory approval process has slowed the growth of their organization, according to a PwC survey of biomed CEOs in conjunction with BayBIO and the California Healthcare Institute. Nearly three quarters (74%) said their companies have had to delay a research or development project in the past year, and lack of funding was the top reason for project delays cited, accounting for more than one third (40%) of delays.
While many physicians complain about being besieged by drug industry sales reps, some want more details, according to a survey by Industry Standard Research. The firm polled 118 cardiologists, oncologists, family practitioners and allergy/immunologists and found that the family medicine specialists and oncologists indicated they'd like to see more of the reps – to the tune of, on average, 1.5 additional details per week.