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3 Ways Government Can Catalyze Biomedical Innovation

May 30, 2023

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The COVID-19 pandemic showcased a successful collaboration between the government and its partners in advancing care for various diseases. This involved prioritizing affected patients and communities, facilitating real-time information sharing, collectively setting targets, incorporating regulatory guidance, and planning for the dissemination of discoveries. The rapid development of COVID-19 therapeutics demonstrated a transformative approach by the government in promoting innovation. Preserving these practices is crucial to sustain the momentum for faster innovation, treatments, and cures. A new study by Deloitte examines how the government can utilize the lessons learned from collaborative innovation during COVID-19 to expedite biomedical innovation.

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