latest health care news

28.06.19

Pharmaceuticals invest £377m in research collaboration

New figures by the Association of the British Pharmaceutical Industry (ABPI) show that the industry has continued to heavily invest in research and development projects in collaboration with healthcare professionals.

The data, published on Disclosure UK, shows that the pharmaceuticals spent £377.3m in 2018, an increase on almost £8m on the previous year.

A record 57.2% of healthcare professionals agreed for the payments they receive to be disclosed last year.

Mike Thompson, chief executive of the ABPI, said:

“We can’t discover new medicines without the expertise of research bodies, doctors and nurses. It’s vital that companies can collaborate with those people, and that we’re open and transparent about any payments we make to them.

“The continued investment from companies is excellent news at a time of economic uncertainty and signals the strength of the sector in the UK.

“Everybody working with the pharmaceutical industry should publish the details of their work so that the public can be confident about those relationships and understand the importance of this collaboration towards improved healthcare.”

The figures highlight a trend of increasing transparency within the industry to disclose funding information.

Comments

There are no comments. Why not be the first?

Add your comment

 

national health executive tv

more videos >

featured articles

View all News

last word

Haseeb Ahmad: ‘We all have a role to play in getting innovations quicker’

Haseeb Ahmad: ‘We all have a role to play in getting innovations quicker’

Haseeb Ahmad, president of the Association of the British Pharmaceutical Industry (ABPI), sits down with National Health Executive as part of our Last Word Q&A series. Would you talk us throu more > more last word articles >

health service focus

View all News

comment

NHS England dementia director prescribes rugby for mental health and dementia patients

23/09/2019NHS England dementia director prescribes rugby for mental health and dementia patients

Reason to celebrate as NHS says watching rugby can be good for your mental ... more >
Peter Kyle MP: It’s time to say thank you this Public Service Day

21/06/2019Peter Kyle MP: It’s time to say thank you this Public Service Day

Taking time to say thank you is one of the hidden pillars of a society. Bei... more >

interviews

Matt Hancock says GP recruitment is on the rise to support ‘bedrock of the NHS’

24/10/2019Matt Hancock says GP recruitment is on the rise to support ‘bedrock of the NHS’

Today, speaking at the Royal College of General Practitioners (RCGP) annual... more >

the scalpel's daily blog

Pre-diabetes: a hidden healthcare problem

26/05/2020Pre-diabetes: a hidden healthcare problem

Dr Russell Muirhead, Clinical Director of Living Well, Taking Control A third of adults in England have pre-diabetes, according to research published in The BMJ. The study ... more >
read more blog posts from 'the scalpel' >

editor's comment

25/09/2017A hotbed of innovation

This edition of NHE comes hot on the heels of this year’s NHS Expo which, once again, proved to be a huge success at Manchester Central. A number of announcements were made during the event, with the health secretary naming the second wave of NHS digital pioneers, or ‘fast followers’, which follow the initial global digital exemplars who were revealed at the same show 12 months earlier.  Jeremy Hunt also stated that by the end of 2018 – the 70th birthday... read more >