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Development And Innovation In Cardiovascular Medicine

In: Innovation In The Biopharmaceutical Industry

Author

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  • DESMOND SHERIDAN

    (Department of Cardiology, National Heart and Lung Institute Imperial College London, St Mary's Hospital, Norfolk Place, W2 1PG London, UK)

Abstract

The last century has witnessed groundbreaking advances in clinical medicine across the entire diagnostic and therapeutic range, but inequities in access to these advances and innovations continue to be a major challenge to our societies.Innovations are often initiated by “eureka” moments of discovery, but realising their full potential depend on a process of continuous incremental innovation and interaction involving complex networks. When developing systems that reward, encourage, and sustain medical advances, policy makers must recognise four important factors. First, “incremental” and “continuous” innovation is as important as “breakthrough” innovation. Second, investment across the entire innovation process is needed. Third, the ability of physicians to work across a wide range of scientific fields at “the bench and bedside” is critical to continuous innovation. And fourth, final medical advance that can result from an initial discovery may not be obvious and only occur following interaction with experts and innovations in other fields.

Suggested Citation

  • Desmond Sheridan, 2007. "Development And Innovation In Cardiovascular Medicine," World Scientific Book Chapters, in: Rifat A Atun & Desmond Sheridan (ed.), Innovation In The Biopharmaceutical Industry, chapter 2, pages 31-44, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789812770974_0002
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