Despite leading global innovation, the United States is rapidly losing its competitive edge to countries such as China, Australia, and those in Europe. Lengthening IND clearance timelines are driving U.S. companies to conduct clinical trials outside the country, meaning American patients are not fully benefiting from American biotech innovation.
The enclosed survey, developed by MassBio in collaboration with the Biotech Consortium to Accelerate Innovation (BCAI), is designed to capture insights on these challenges to ensure that American patients gain early access to breakthrough therapies.
Your company’s input will help inform discussions aimed at addressing critical issues in the U.S. regulatory process. The survey focuses on preclinical and early clinical trial phases, where inconsistent standards, limited incorporation of patient perspectives on benefit/risk, and excessive requirements affecting IND clearance timelines are contributing to delays, increased costs, and reduced investment in groundbreaking therapies.