Ten Pharmaceutical Companies Unite to Accelerate Development of New Medicines
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Ten Pharmaceutical Companies Unite to Accelerate Development of New Medicines

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2 pages
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Ten Pharmaceutical Companies Unite to Accelerate Development of New Medicines PR Newswire PHILADELPHIA, Sept. 19, 2012 - New Non-Profit Organization to Speed Pharmaceutical R&D PHILADELPHIA, Sept. 19, 2012 /PRNewswire/ -- Ten leading biopharmaceutical companies announced today that they have formed a non-profit organization to accelerate the development of new medicines. Abbott, AstraZeneca, Boehringer Ingelheim, Bristol-Myers Squibb, Eli Lilly and Company, GlaxoSmithKline, Johnson & Johnson, Pfizer, Roche and Sanofi launched TransCelerate BioPharma Inc. ("TransCelerate"), the largest ever initiative of its kind, to identify and solve common drug development challenges with the end goals of improving the quality of clinical studies and bringing new medicines to patients faster. Through participation in TransCelerate, each of the ten founding companies will combine financial and other resources, including personnel, to solve industry-wide challenges in a collaborative environment. Together, member companies have agreed to specific outcome-oriented objectives and established guidelines for sharing meaningful information and expertise to advance collaboration.

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Ten Pharmaceutical Companies Unite to Accelerate Development of New Medicines
PR Newswire PHILADELPHIA, Sept. 19, 2012
- New Non-Profit Organization to Speed Pharmaceutical R&D PHILADELPHIA,Sept. 19, 2012/PRNewswire/ -- Ten leading biopharmaceutical companies announced today that they have formed a non-profit organization to accelerate the development of new medicines.Abbott, AstraZeneca, Boehringer Ingelheim, Bristol-Myers Squibb, Eli Lilly and Company, GlaxoSmithKline, Johnson & Johnson, Pfizer, Roche and Sanofi launched TransCelerate BioPharma Inc. ("TransCelerate"), the largest ever initiative of its kind, to identify and solve common drug development challenges with the end goals of improving the quality of clinical studies and bringing new medicines to patients faster. Through participation inTransCelerate, each of the ten founding companies will combine financial and other resources, including personnel, to solve industry-wide challenges in a collaborative environment. Together, member companies have agreed to specific outcome-oriented objectives and established guidelines for sharing meaningful information and expertise to advance collaboration. "There is widespread alignment among the heads of R&D at major pharmaceutical companies that there is a critical need to substantially increase the number of innovative new medicines, while eliminating inefficiencies that drive up R&D costs," said newly appointed acting CEO ofTransCelerate BioPharma, Garry Neil, MD, Partner at Apple Tree Partners and formerly Corporate Vice President, Science & Technology, Johnson & Johnson."Our mission atTransCelerate BioPharmais to work together across the global research and development community and share research and solutions that will simplify and accelerate the delivery of exciting new medicines for patients." Members ofTransCeleratehave identified clinical study execution as the initiative's initial area of focus. Five projects have been selected by the group for funding and development, including: development of a shared user interface for investigator site portals, mutual recognition of study site qualification and training, development of risk-based site monitoring approach and standards, development of clinical data standards, and establishment of a comparator drug supply model. As shared solutions in clinical research and other areas are developed, TransCeleratewill involve industry alliances including Clinical Data Interchange Standards Consortium (CDISC), Critical-Path Institute (C-Path), Clinical Trials Transformation Initiative (CTTI), Innovative Medicines Initiative (IMI), regulatory bodies including the US Food and Drug Administration (FDA) and European Medicines Agency (EMA), and Contract Research Organizations (CROs). Janet Woodcock, MD, director of FDA's Center for Drug Evaluation and Research, said, "We applaud the companies inTransCelerate BioPharmafor joining forces to address a series of longstanding challenges in new drug develo ment.This collaborative aroach in there-com etitivearena, utilizin
the collective experience and resources of 10 leading drug companies and others to follow, has the promise to lead to new paradigms and cost savings in drug development, all of which would strengthen the industry and its ability to develop innovative and much-needed therapies for patients." "These leading pharmaceutical companies are in a position to significantly influence changes in the way that clinical trials are done, so that better answers about the benefits and risks of drugs and other therapies are provided in a more efficient manner," said Robert Califf, MD, Co-Chair of CTTI and Director of the Duke Translational Medicine Institute."This initiative is complementary to efforts of CTTI, and we look forward to working withTransCelerate BioPharmato improve the conduct of clinical trials." TransCelerate BioPharmaevolved from relationships fostered via the Hever Group, a forum for executive R&D leadership to discuss relevant issues facing the industry and solutions for addressing common challenges.TransCelerate was incorporated in earlyAugust 2012and will file for non-profit status this fall. The Board of Directors includes R&D heads of ten member companies. Membership inTransCelerateis open to all pharmaceutical and biotechnology companies who can contribute to and benefit from these shared solutions. TransCelerate's headquarters will be located inPhiladelphia, PA. Media Contacts: Porter Novelli Virginia AmannShannon Caudill +1-608-207-0082 +1-740-281-3715or +1-614-378-9042 Virginia.Amann@PorterNovelli.comShannon.Caudill@PorterNovelli.com
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