By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
GMJ NewsGMJ NewsGMJ News
  • Latest News
    • GMJ Briefs
  • Podcast & Media
    • Podcast Episodes
    • GMJ Audio
    • GMJ Videos
  • Research Digest
    • New Studies
    • Georgian Research
    • Data & Numbers
  • Policy & Systems
    • Health Policy
    • Quality & Safety
    • Migration & Health
    • Global Health
  • Practice
    • Clinical Updates
    • Case Discussions
    • Pharmacy & Prescribing
    • Ingredients A-Z
  • Perspectives
    • Editorial
    • Explainers
    • Voices
    • Letters
  • GMJ Articles
    • Vol. 1 Issue 2 (2026)
    • Vol. 1 Issue 1 (2026)
    • Pre-Launch Articles (2025)
  • Read the Journal โ†’
  • About GMJ News
Notification Show More
Font ResizerAa
GMJ NewsGMJ News
Font ResizerAa
  • Latest News
    • GMJ Briefs
  • Podcast & Media
    • Podcast Episodes
    • GMJ Audio
    • GMJ Videos
  • Research Digest
    • New Studies
    • Georgian Research
    • Data & Numbers
  • Policy & Systems
    • Health Policy
    • Quality & Safety
    • Migration & Health
    • Global Health
  • Practice
    • Clinical Updates
    • Case Discussions
    • Pharmacy & Prescribing
    • Ingredients A-Z
  • Perspectives
    • Editorial
    • Explainers
    • Voices
    • Letters
  • GMJ Articles
    • Vol. 1 Issue 2 (2026)
    • Vol. 1 Issue 1 (2026)
    • Pre-Launch Articles (2025)
  • Read the Journal โ†’
  • About GMJ News
Follow US
GMJ News > GMJ Briefs > Announcement: Biotech Industry Faces Strategic Inflection Point Amid Cost Pressures and Innovation Demands

Announcement: Biotech Industry Faces Strategic Inflection Point Amid Cost Pressures and Innovation Demands

GMJ
Last updated: 21/06/2026 12:17
By
Prof. Giorgi Pkhakadze
Share
0 Min Read
Biotech laboratory with researcher analyzing data representing industry strategic challenges
Veteran biotech executive Jeremy Levin discusses how the industry faces a critical juncture with $2.6 billion average drug development costs and declining venture funding. Companies must fundamentally rethink traditional business models to navigate regulatory complexity and innovation demands. โ€” Photo by Jess Loiterton on Pexels (Pexels License)
SHARE
1 min read|54 words

๐Ÿงฌ The biotech industry stands at a critical turning point as drug development costs reach $2.6 billion per new therapy. Veteran exec Jeremy Levin explains why companies must fundamentally rethink their business models to navigate regulatory complexity and funding challenges. The future of breakthrough therapies depends on strategic adaptation.

Read the full article on GMJ Newsroom โ†’

Was this article helpful?

GMJ Brief ยท Announcement

๐Ÿ“ฐ Read the full article: Biotech Industry Faces Strategic Inflection Point Amid Cost Pressures and Innovation Demands โ†’

Share This Article
Facebook LinkedIn Bluesky Copy Link Print
GMJ
ByProf. Giorgi Pkhakadze
Follow:
Prof. Giorgi Pkhakadze, MD, MPH, PhD, is Editor-in-Chief of the Georgian Medical Journal and Chair of the Public Health Institute of Georgia (PHIG). He is Professor and Head of the Department of Social and Behavioural Sciences at David Tvildiani Medical University, and Secretary/Treasurer of the UEMS Section of Public Health. ORCID: 0000-0001-7609-4515.

Submit Your Paper โ†’

Georgia's peer-reviewed open-access medical journal. No APC until January 2027.
Submit Manuscript โ†’
South Asian climate-health research faces representation gap: who funds and controls the knowledge?

South Asia faces severe climate-health impacts yet remains underrepresented in global research…

Amyloid Beta’s Role in Tau Disruption May Explain Alzheimer’s Pathogenesis, Study Suggests

New research suggests amyloid beta triggers Alzheimer's disease by disrupting tau protein…

Mammals May Possess Hidden Regenerative Capacity: Scientists Redirect Healing Toward Tissue Regrowth Instead of Scarring

Scientists have demonstrated that mammals may retain dormant regenerative abilities through a…

Submit Your Paper to GMJ

No APC until January 2027.
Submit Manuscript โ†’

You Might Also Like

Medical professionals reviewing kidney health policy documents and implementation guidelines

From Policy to Practice: Why WHO’s Kidney Health Resolution Needs Immediate Implementation Strategy

By
Prof. Giorgi Pkhakadze
07/07/2026
Medical students and residents in diverse healthcare training environment

Three Critical Insights on Medical Education Diversity: From Enrollment to Practice

By
Prof. Giorgi Pkhakadze
01/07/2026

PHEIC Declaration for Cross-Border Ebola Transmission: DRC-Uganda

By
Prof. Giorgi Pkhakadze
31/05/2026
Healthcare worker reviewing infection control data on computer screen in hospital setting

Three Critical Features of UK Hospital Infection Data Clinicians Should Know

By
Prof. Giorgi Pkhakadze
05/07/2026
Facebook Twitter Youtube Instagram
Company
  • Privacy Policy
  • Contact US
  • GMJ Journal
  • Submit Manuscript
  • Editorial Team
  • Register at GMJ
  • Terms of Use

Subscribe to GMJ News โ€” Click here

Join Community
ยฉ 2026 Georgian Medical Journal (GMJ). Published by the Public Health Institute of Georgia (PHIG). All rights reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up