BIO bemoans lack of investment in cardio disease research
In the USA, 96.1 million people suffer from hypertension, and another 5.8 million from heart failure. However, investment in new therapies for these chronic diseases is not growing at the rates needed to keep up with the impact they have on human health or the economy, says the latest report from the Biotechnology Innovation Organization (BIO) industry analysis team.
The BIO Industry Analysis team’s new report, The State of Investment and Innovation in Hypertension and Heart Failure, is the fifth in a series on the innovation landscape of highly prevalent, chronic diseases.
Cardiovascular disease costs the American health care system more than twice as much as cancer ($275 billion versus $125 billion, respectively), but over the last 10 years, there has been 13 times more investment in cancer treatments ($15.5 billion) than cardiovascular therapies ($1.2 billion).
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