Understanding the U.S. Biopharmaceutical Innovation Ecosystem
August 15, 2024
By Sujai Shivakumar, Tisyaketu Sirkar, and Jeffrey Depp Introduction The biopharmaceutical innovation system—which brings novel, life-improving, and life-saving therapies from the researcher’s bench to a patient’s bedside—is a major engine powering health improvements, economic output, and wealth creation in the United States. But while the commercial and national security competition with China has