LIVE Day 1 – 2017 MassBio Annual Meeting March 30, 2017 8:00 AM, Royal Sonesta Boston
Real Time Coverage: Aviva Lev-Ari, PhD, RN
#MassBioAM17 #PatientDriven @pharma_BI @AVIVA1950
Day 1
Breakfast and Registration
8:00 am – 9:00 am
Welcome Remarks & MassBio Board Elections
Plenary
9:00 am – 9:30 am
Robert Coughlin, CEO, MassBio
- 63,000 emp
- 1600 drugs in the pipeline
- 3 million cures in the near future
- Life Sciences Challenges
- Negative impact on Biotech Industry: Policies from the New Administration: Repeal & Replace ACA, Travel Ban, Health coverage, cost and access
- proposed cuts to NIH, devestation to Institutions in MA
- Drug costs and Price Transparencies
- MassBio — opposed these policies from Washington
- MassBio will continue to lead like with ACA
- MassBio will continue to embrace Value-based Contracting and will continue to suppost generics which will lower drug costs
- MA is HQS of Biotech, partnered with NEHA, biopharma and BlueCross BlueShield
- ENsuring Patient access and drug affordability
- MA Health Insurance (BlueCross BlueShield) partners with Biotech and Pharma to identify strategy to reduce cost and Monitor Value-based Contracting
- Vibrant Healthcare Sector and Innovative Biotech
- Saving Lives is the goal
- List of Sponsors is Long: Catalent, Corealis, fisherscientific, Amgen, Biogen, Nutter, SHire, Radius, Snow, Uniqure, MA Life Sciences Center
- Charlie Brown in the afternoon, committed to the goals of MassBio
Abbie Celniker, Chair, MassBio Board of Directors
- MassBio works as a collective advocacy agency of multiple stakeholders
- Work together as Partners
- Engagement, Involvement
- Community experiencing growth and maturation, average income $140,000 commercial Lab work spaces
- Diversity workforce, immigrants, spectrum of cultures, gender and training
- Survey: Female Mangers represent commitment, credentialing, 50% of companies surveyed SVP less hopeful than above and below
- Culture and Values alignment for employ retention, primarily Women
Opening Keynote
Plenary
9:30 am – 10:15 am
Dan Schorr, Founder, Chief Icecream Officer, VICE CREAM
Coffee Break
10:15 am – 10:30 am
Challenges the Future Generation of the Industry Faces
Better Business
10:30 am – 11:30 am
MODERATOR:
Johannes Fruehauf, Co-founder, LabCentral
- Postdoc at Harvard, transition from Academic environment to commercial, not awareness of Biotech industry, in Germany went through Medical School and was aware of Big 200 years old Pharma companies
- CROs in Boston, Automated Labs, workflow outsourced if alck of funding
PANELISTS:
- Will Adams, CSO, President, Founder, Riparian Pharmaceuticals – CVD drug development
- human genetics, differential biology, therapeutics for CVD
- Lab at HMS research on Vasculture, one important pathway
- NIH – $500,000
- Using CROs
- Chris Colbert, Director of Programming, Harvard Innovation Lab – seminars open to the Public
- Harvard Entrepreneur activity for students and Alunmi, started EdTech in 2014, defining problems and solutions
- Education vs outcomes – capacity to start a business
- complementary to Education, resources to become entrepreneur
- individuals are driving the process
- AI
- Tim Wang, Co-founder, KSQ Therapeutics
- at MIT, now with VC at KSQ, 30-40 emp, hires are computentional biology, cancer biology from pulls of Boston-based Postdocs,
- involvement in wriitng a business plan and funding
- being active and interdisciplinary
Aging
Trends in Science
10:30 am – 11:30 am
Evolution of Analytics in Life Sciences: The Past, the Present and Future of Analytics
Convergence
10:30 am – 11:30 am
The MassBio Annual Awards Luncheon
11:45 am – 1:15 pm
11:55 – 12:00 Patient Story
12:00 – 12:30PM 2016 Joshua Boger Innovative School of the Year Award – Presented to Hingham High School
12:30 – 1PM 2016 Henri A. Termeer Innovation Leadership Award
Presented to David Meeker, Executive VP and Head of Sanofi Genzyme
- Sources of inspirations Henri A. Termeer the founder of Genzyme
- Consumer of HealthCare for 62 years is critical: Trust and Access for vulnerable patient when they are ill
- Return on Investment in Drugs, incentives to develop vs generics, BioSimilars, Price will drop
- Societal contract: Recognizing the value and the Pharma Industry needs to increase self regulating
- If Gov’t will regulate PRICE of drug, innovations will decrease
- Thank you for the award
1:00 – 1:15 2017 MassBio Leading Impact Award introduced by EDAC Chair Mark Bamforth – Lab Space
Presented to Pfizer, Accepted by Morrie Birnbaum, SVP & CSO, Internal Medicine
- 2100 emp in MA
- single building in Kendall Square
- Andover facility
- three R&D units: Drug Discovery
Pfizer, Accepted by Morrie Birnbaum, SVP & CSO, Internal Medicine
- 2014 – Kendall Square site: Becoming Premier Pfizer’s Research Center, close to Science, Scientists and Patients
- Recognition that working with Foundations and Academic centers Not able to do it alone
- Close relations with MassBio
- Thanks to MassBio
Remarks from Governor Charlie Baker
Plenary
1:15 pm – 1:30 pm
- Patient Driven – Governor Charlie Baker
- MA #1 in STEM occupations
- Knowledge ecosystem at Kendall Square
- Smart Fibers HQS: MIT and MA players joint investment
- Robotics Competition in MA
- BioPharmaceutical Competision: WPI, MIT State of MA, ULowell – joint investment
- IBM Watson in MA, MA Life Sciences Center
- Discovery and inquiry – MA is a place people look from where solutions will come
- Four big element: Grant from MA Life Sciences Center gave Lab equipment to Brimfield High School
- Collaborate with Academia for apprenticeship
- Partnership: Draper Lab and Mass Eye and Ear: develop drug eluting device with drug for Macular Degeneration to replace the needle in an injection into the eye
- Invest in workforce – human training skills for the technology sector
- Public Transportation Investment: Replace from mechanical to digital in 2022 all switches of the T system – Double capacity on Red Line, manufactured in Springfield, MA
- Affordable Housing Units: MA State Housing Dept largest owner of Housing in MA in area near Public Transportation
- MassBio – Part of the MA economy with less problems that other industries
Cancer Moonshot and other Cancer related issues
Plenary
1:30 pm – 2:30 pm
MODERATOR: John Hallinan, CBO, MassBio
PANELISTS:
- Laurie Glimcher, President & CEO, Dana-Farber Cancer Institute
- Was part of Cancer Moonshot – 10 key directions
- Fund $1.8 Billion, fund needs be approved each year
- Funds for 12 implimentation Teams – Applications for 10 key directions: How a Tumor evolve and resist treatment
- Create an initiative of Data Sharing acquired from Patients
- understanding mutation unique
- cancer immunotherapy: fight tumor, stimulate immune system CHeck-Point blockers – only 20% of patients are responsive
- Big data to identify new drug targets so more patients will respond
- Tsunami in BioMedical Research regarding NIH to face $1.2 Billion cut (equal indirect cost) – Patients are best advocates –
- MA figured out how to do collaboration among stackholders
- Several Cancers will become Chronic diseases not quite Cure in 5-10 years
- Prevention and early detection: Vaccination, HPV (only 14% girls get vaccine for Cervical, anal and throat) in Japan 0% of HPV.
- environment that surrounding the tumor, immune cells suppressing the immune system
- Mathew Meyerson, Prof. of Pathology, Dana-Farber Cancer Institute, Broad Institute
- 3-D cancer genomics sequencing for every cell, new therapies interaction of Cancer and the environment, computing and Internet use for Patient direct involvement in Research – enrollment
- Child Cancers
- Prevention: Vaccination, HPV, HEP B
- HIV a cocktail of drugs, kill a cancer from many angles
- access to clinical trial: Connect Clinical Trials information with Doctors
- Electronic cigarets and Lung cancer – connection needs to be researched
- Chandra Ramanathan, Head East Coast Innovation Center, Bayer US
- Bayer Partnership with Broad Institute
- Immunotherapy Combination of Biomarkers
- Sharing Data from Clinical Trials
- Seema Singh Bhan, Head, Public Policy, Foundation Medicine
- Technology to
- harness Big data
- Momentum via NCI, Cancer Moonshot
- Foundation Medicine: Collaboration: Pharma, Goventment, FDA, Academic Institution 0 Liquid Biopsy assays developed and go through the Regulatory system
- Patient-Doctor – List of Clinical Trials available for Patients
2:30 – 3:15 Breakout Sessions
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2:30 pm – 3:15 pm
-
CRISPR and What’s Next
Trends in Science2:30 pm – 3:30 pm
MODERATOR:
Scott Gillis, CEO, Onsite Therapeutics, Inc.
- implantation of gene edited cells in Human in China
- Bio Ethics
- Jim Burns, President & CEO, Casebia Therapeutics, ex-Sanofi-Genzym
- How to deliver tissue specific in vivo
- Hymophylia
- Immunodefficiency
- 30 emp – 60 emp year end
- Incubate ideas
- Joint venture CRISPR Therapeutics and Casebia
- guidelines from the National Academy
- George M. Church, Harvard Prof. of Genetics – now speaks for Genesis
- In one year Clinical trial of porcine organ lab made – organ transplant
- build new tool set write not read
- Mattew Stanton, VP, Head of Chemistry, Moderna Therapeutics, ex-Merck
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- mRNA, 500 emp, Kendall Sq. immun-ooncology, nanoparticle delivery ZIKA Vaccine,
- electroporation – delivery
- NANO PARTICLE DELIVERY in vivo
- original work on siRNA and mRNA – helps the state of today
- Bill Lundberg, Stanford, MD – MIT, PhD, CSO of CRISPR Therateutics, ex-Genzyme
- liver delivery requires dirrrect delivery vs another organ take cells ex-vivo transfact and implant back
- UPenn – edited T-cells to human will be first in the US
- Somatic cell edition not germline, inheritence
3D Printing and BioEngineering
Convergence
2:30 pm – 3:30 pm
Afternoon Break
3:30 pm – 3:45 pm
Patient Story
3:45 pm – 3:50 pm
Biotech in the Era of Real World Evidence/Drug Value Panel
Plenary
3:50 pm – 4:30 pm
MODERATOR:
Leora Schiff, COnsulting COmpanyEvidence sought by Payers to define Value
- Industry has changed, R&D to commercialization
- Value and Evidence – why it matters in Biotech Industry
PANELISTS:
- Joshua Cohen, Research Associate Prof. Tufts Center for the Study of Drug Development, Value assessment
- Value – what people care: Survival
- What makes sense
- Gigi Hirsh, Executive Director, Center Biotech Innovations, MIT and Program Director, NEWDIGS (New Paradigms)
- Product life Cycles
- Value as defined availability dat on WOrldwide samples
- Regulatory – 70 years of data, now diverse data sources
- Standard for data not available
- Structured methodology on a Product Plan for the Product Life Cycle
- C. David Nicholson, Chief R&D Officer, Allergan
- How to convince Regulator of Value
- Drugs goes to Formulary based on Value in need to be demonstrated
- In the UK, Drug Prices are set by a centralized organization for the Universal HealthCare system in the UK
- Me to drugs are dead, ONLY new drugs with Value survive
- Budget for drugs – in the US it is Total HealthCare cost vs UK with a universal HC system,
- Bill Sibnold, Global Franchise Head, MS Oncology and Immunology, Sanofi Genzyme
- How to create a system to thrive,
- How access to a product is defined From R&D to commercialization
- Products are coming to market with data for standard of care comparison
Patient Story
4:30 pm – 4:35 pm
Networking Reception
4:35 pm – 6:00 pm
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