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Stock impact report

Cost of new drug development is key concern for life science as focus shifts to repurposing

Willis Towers Watson Public Limited Company - Ordinary Shares (WTW) 
Last willis towers watson public limited company - ordinary shares earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: weightwatchersinternational.com
Company Research Source: GlobeNewswire
LONDON, June 27, 2024 (GLOBE NEWSWIRE) -- 63% of life science companies believe the high cost of new drug development is among the emerging themes that will have the greatest negative impact on the sector in the next 3-5 years, according to Global life science risk report 2024 published today by WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company. This is leading to an increased focus on finding novel use cases for existing drugs, named by 66% as having a positive impact, as firms seek to launch new products and expand their international footprint. The 2nd life science global survey asked 400 senior decision makers belonging to pharmaceutical, biotech and other life science sector companies how they manage emerging risks and how they are preparing for the future. The survey also revealed that regulation and reputation risk have risen to the top of the life science agenda as companies feel pressure on a range of issues such as increasing regulatory activit Show less Read more
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