As R&D Costs Increase, the Industry Must Find Innovative Ways to Bring Them Down

The stage is set to break records for innovative medications. In 2019, pharmaceutical pipelines across the globe included 16,181 new molecules undergoing preclinical or clinical trials or in the approval and launch process. The number of small companies with only one or two molecules in the pipeline is growing but the bulk of pharmaceutical investment in R&D has been done by Big Pharma, with the 10 largest investors placing almost US$80 billion into research. Worldwide pharmaceutical and biotech R&D spending reached US$171 billion in 2018 and it is expected to climb to US$177 billion in 2019, according to Deloitte. While not all molecules in the pipeline will make it to the market, this is the largest pipeline in the history of the sector.

Technology Key to Better, Greater Access to Healthcare

Mexico has built a strong medical devices industry that meets the needs of its population and exports products to major markets worldwide. The country is the eighth-largest exporter of medical devices in the world and No. 1 in Latin America, according to the Mexican Association of Innovative Industries of Medical Devices (AMID). In 2017, the country’s medical devices production was valued at US$13.81 billion and exports at US$9.39 billion, according to ProMéxico.

Entrepreneurship, Innovation Turn Needs into Business Opportunities

This is how the WHO defines innovation in healthcare: a response to unmet public health needs by creating new of ways of thinking and working that focus on the needs of the most vulnerable populations. In Mexico, the healthcare industry is ripe for innovation and the coming years are expected to attract growing interest from multiple stakeholders that could radically transform the industry.

Facing an Older, Larger Future

Individuals are living and an overabundance of high-calorie foods are causing problems. As populations across the globe get older and fatter, chronic, noncommunicable diseases become increasingly prevalent. Mexico is now in the midst of an obesity epidemic with grave consequences for its population in the shape of diabetes or cardiovascular diseases. In the coming years, the country’s healthcare system will add a new challenge: providing adequate care to its increasingly older population with an smaller number of productive, younger people.

Planning, Decentralization, Tech Key to Improve Mobility in CDMX

Q: What are Mexico City’s problems and opportunities in terms of urban mobility? A: We know that people's mobility is not free of inequality and that people who live farther away spend up to 30 percent of their income on transportation every day. Gender inequality is also an issue, since women mobilize differently and with different risks than men. Based on this, SEMOVI developed a Strategic Mobility Plan based on three guiding principles: integrate, improve and protect. In the first pillar, SE

Healthcare a Fundamental Human Right

Q: How is your vision of a comprehensive healthcare system shaping Mexico City Ministry of Health’s (SEDESA) policies? A: Focusing on the population’s right to healthcare services forces us to go beyond medical treatment. Health does not equal the absence of disease and should not be the responsibility of healthcare providers only. It is a much broader concept. Guaranteeing the population’s right to access healthcare services requires an analysis of the social determinants or conditions that g

Jamaica Key Destination for Mexican Investment

Q: What is the status of relations between Jamaica and Mexico? A: Jamaica’s relationship with Mexico dates back to 1655 when under Spanish rule, Jamaica was governed from Mexico City by the then vice royal of Spain. Mexico had a consular post in Kingston as far back as 1880. Today, we enjoy over 54 years of continuous and robust diplomatic relations both at the bilateral and multilateral levels. At the bilateral level, relations have remained consistently strong, underpinned by the recently co

Encuentro Oceanía: Engine for Social and Environmental Welfare

Yesterday, IKEA announced it would delay opening its physical store in Mexico until February 2021. "We are preparing to open IKEA Oceanía in the first months of 2021," IKEA Mexico said in an official statement on Twitter. Encuentro Oceanía development will be Mexico's first shopping center anchored by Ikea, the largest furniture store in the world, and will house more than 150 stores in 85,000m2. Encuentro Oceanía is being developed by Pulso Inmobiliario and will also house other stores such as
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