omation mbers - Society for Laboratory Automation and Screening
omation mbers - Society for Laboratory Automation and Screening omation mbers - Society for Laboratory Automation and Screening
NOTES 42
8:30 am Tuesday, February 3 Opening Plenary Session Room A2 Jürgen Drews Nigeons GmbH Firnhaberstrasse 14 Feldafing, D-82340 Germany drews@nigeons.com Changing Patterns in the Discovery of New Drugs The promise of genomics in drug discovery, which was so eagerly embraced in the mid-1990s, has not yet been fulfilled. There are two main reasons for this initial failure: The first one has to do with the fact that the structures and functions of gene products, which were included in screening programs, were poorly understood. Secondly, the combinatorial libraries, to which these “targets” were exposed were lacking in quality. As a result of these shortcomings, the overall productivity of the drug industry has declined further. However, this statement needs differentiation because the weights within the drug industry have shifted. The first tier biotech companies have now become the most productive segment of the drug industry. They often combine a high degree of innovative spirit with solid pharmaceutical professionalism. Some smaller biotech firms have succeeded in addressing unmet medical needs in technologically appealing ways. Many well positioned larger biotech companies with rich development portfolios suffer from development times that are longer than expected, costs that are higher than expected and from failures in clinical trials that were not expected at all. The classical pharmaceutical industry continues on its path to further consolidation with a clear emphasis on marketing and sales. By and large, the big pharmaceutical companies take a cautious attitude towards novel science and technology. A convincing balance between the need for good-looking bottom lines and a compelling long-term vision has not emerged. In their totality these changes have deeply altered the nature and the appearance of the drug industry. In the mid- to long-term, however, science and technology offer great opportunities to overcome this stagnation. Biology, especially biological approaches that are directed at the functioning of systems rather than on single molecular entities will eventually solve the problem of identification and validation of suitable drug targets. The continued study of drug protein interactions at the molecular level is built on biological premises but is chemical in nature. We begin to understand that the majority of pharmaceutically relevant drug targets cluster into densely populated target families, thus offering a novel chemical approach. This new strategy uses a privileged structure concept whereby molecular master keys are developed that take into account target family wide structural and functional commonalities. Lead compounds can be generated that address a variety of targets from a particular gene family that may reach across the boundaries of therapeutic areas. Optimizing a master key for a distinct target family, therefore, is about to become a new chemical strategy, which will replace strategies of the recent past which were built on large numbers of compounds that were not chosen on the basis of a postulated or demonstrated relationship of target and ligand. In concert, these new approaches may well improve the productivity of drug research and again alter the landscape of the respective industry. 9:15 am Tuesday, February 3 Opening Plenary Session Room A2 John D. Rhodes Deloitte & Touche Two Hilton Court P.O. Box 319 Parsippany, New Jersey 07054-0319 jorhodes@deloitte.com Financial Forces Shaping the Future of the Pharmaceuticals and Biotech Industry Deloitte’s National Managing Partner, Life Sciences, will provide a view of the current life sciences landscape and discuss key trends and issues impacting the industry. Key industry metrics will be reviewed including global sales trends, FDA approval rates, level of R&D expenditures and investment trends in forming alliances and partnerships. The discussion will also highlight challenges impacting future growth rates including the state of regulatory challenges, innovation and development efforts as well as protection of intellectual property. 43 PODIUM ABSTRACTS
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8:30 am Tuesday, February 3 Opening Plenary Session Room A2<br />
Jürgen Drews<br />
Nigeons GmbH<br />
Firnhaberstrasse 14<br />
Feldafing, D-82340 Germany<br />
drews@nigeons.com<br />
Changing Patterns in the Discovery of New Drugs<br />
The promise of genomics in drug discovery, which was so eagerly embraced in the mid-1990s, has not yet been<br />
fulfilled. There are two main reasons <strong>for</strong> this initial failure: The first one has to do with the fact that the structures<br />
<strong>and</strong> functions of gene products, which were included in screening programs, were poorly understood. Secondly,<br />
the combinatorial libraries, to which these “targets” were exposed were lacking in quality. As a result of these<br />
shortcomings, the overall productivity of the drug industry has declined further. However, this statement needs<br />
differentiation because the weights within the drug industry have shifted. The first tier biotech companies have<br />
now become the most productive segment of the drug industry. They often combine a high degree of innovative<br />
spirit with solid pharmaceutical professionalism. Some smaller biotech firms have succeeded in addressing<br />
unmet medical needs in technologically appealing ways. Many well positioned larger biotech companies with rich<br />
development portfolios suffer from development times that are longer than expected, costs that are higher than<br />
expected <strong>and</strong> from failures in clinical trials that were not expected at all. The classical pharmaceutical industry<br />
continues on its path to further consolidation with a clear emphasis on marketing <strong>and</strong> sales. By <strong>and</strong> large, the<br />
big pharmaceutical companies take a cautious attitude towards novel science <strong>and</strong> technology. A convincing<br />
balance between the need <strong>for</strong> good-looking bottom lines <strong>and</strong> a compelling long-term vision has not emerged. In<br />
their totality these changes have deeply altered the nature <strong>and</strong> the appearance of the drug industry. In the mid-<br />
to long-term, however, science <strong>and</strong> technology offer great opportunities to overcome this stagnation. Biology,<br />
especially biological approaches that are directed at the functioning of systems rather than on single molecular<br />
entities will eventually solve the problem of identification <strong>and</strong> validation of suitable drug targets. The continued<br />
study of drug protein interactions at the molecular level is built on biological premises but is chemical in nature.<br />
We begin to underst<strong>and</strong> that the majority of pharmaceutically relevant drug targets cluster into densely populated<br />
target families, thus offering a novel chemical approach. This new strategy uses a privileged structure concept<br />
whereby molecular master keys are developed that take into account target family wide structural <strong>and</strong> functional<br />
commonalities. Lead compounds can be generated that address a variety of targets from a particular gene family<br />
that may reach across the boundaries of therapeutic areas. Optimizing a master key <strong>for</strong> a distinct target family,<br />
there<strong>for</strong>e, is about to become a new chemical strategy, which will replace strategies of the recent past which<br />
were built on large nu<strong>mbers</strong> of compounds that were not chosen on the basis of a postulated or demonstrated<br />
relationship of target <strong>and</strong> lig<strong>and</strong>. In concert, these new approaches may well improve the productivity of drug<br />
research <strong>and</strong> again alter the l<strong>and</strong>scape of the respective industry.<br />
9:15 am Tuesday, February 3 Opening Plenary Session Room A2<br />
John D. Rhodes<br />
Deloitte & Touche<br />
Two Hilton Court<br />
P.O. Box 319<br />
Parsippany, New Jersey 07054-0319<br />
jorhodes@deloitte.com<br />
Financial Forces Shaping the Future of the Pharmaceuticals <strong>and</strong> Biotech Industry<br />
Deloitte’s National Managing Partner, Life Sciences, will provide a view of the current life sciences l<strong>and</strong>scape <strong>and</strong><br />
discuss key trends <strong>and</strong> issues impacting the industry. Key industry metrics will be reviewed including global sales<br />
trends, FDA approval rates, level of R&D expenditures <strong>and</strong> investment trends in <strong>for</strong>ming alliances <strong>and</strong> partnerships.<br />
The discussion will also highlight challenges impacting future growth rates including the state of regulatory<br />
challenges, innovation <strong>and</strong> development ef<strong>for</strong>ts as well as protection of intellectual property.<br />
43<br />
PODIUM ABSTRACTS