Pfizer and Thermo Fisher Scientific partner to bring accessible NGS-based testing to international markets
The collaboration between the pharmaceutical giant and scientific technology provider will aim to bring rapid and localised services to areas around the globe that lack affordable advanced genomic testing for breast and lung cancer.
Pfizer and Thermo Fisher Scientific have entered into a partnership agreement for the expansion of access to next-generation sequencing (NGS)-based testing for patients with lung and breast cancer. With local access set to increase in 30 countries across Latin America, Africa, the Middle East, and Asia, the collaboration hopes to bring advanced genomic testing to previously inaccessible regions of the globe.
As the leading cause of death around the world and nearly 10 million deaths attributed to the disease in 2020, breast and lung cancer are the leading types of diagnosed cancer. The global burden, both economic and social, is expected to reach 27.5 million new cases in 2040 and 16.3 million deaths. While gene testing has historically been used to match patients with the appropriate targeted therapies, the standard single-gene biomarker testing can be time-consuming, with sequential tests and enough tissue and organic material to run each test. NGS technology provides healthcare professionals and clinical trial teams with rapid genomic information to make informed precision oncology treatment decisions. Some decisions can affect the survival rate and time-to-next treatment, so it is crucial to identify actionable treatments from rapid molecular testing to make informed treatment decisions.
Gianluca Pettiti, Executive VP at Thermo Fisher Scientific, commented: “Anyone facing a cancer diagnosis should have access to cutting-edge testing that can match them with an appropriate, optimised treatment plan and better inform their care. Today, we aim to bring rapid NGS testing to an increased number of decentralised labs, closer to where patients are treated. We are moving one step closer to delivering precision insights to underserved patients so they can receive a more tailored path for their care no matter where they are in the world.”
The agreement will see Thermo Fisher identifying local labs that can house the organisation’s NGS technology with the necessary infrastructure, skilled staff and staff training, and quality control methods that meet industry standards for NGS testing for breast and lung cancer. Pfizer, under the collaboration, will be responsible for exploring different avenues of affordable patient access to NGS testing for breast and lung cancer. Promotion of healthcare provider awareness regarding advanced testing and the need for such tests will be a main priority for Pfizer, and the partnership will continuously evaluate new opportunities to expand both geographically and to testing for other types of cancers.
Pfizer’s Global President of Emerging Markets Nick Lagunowich stated: “The more we understand the complex science behind cancer, the better we can treat it. Our experience has taught us that cancer cannot always be treated with a broad brush and often requires an individualised approach based on precise disease characteristics. In many parts of the world, access to next-generation sequencing may be limited or unaffordable for cancer patients. This program aims to improve their treatment journey and help increase their chances for improved outcomes.”
Source: Thermo Fisher Scientific & Pfizer Partner to Expand Localized Access to Next-Generation Sequencing-Based Testing for Cancer Patients in International Markets [Accessed May 10, 2023] https://www.businesswire.com/news/home/20230509005516/en/Thermo-Fisher-Scientific-Pfizer-Partner-to-Expand-Localized-Access-to-Next-Generation-Sequencing-Based-Testing-for-Cancer-Patients-in-International-Markets%C2%A0
Related News
-
News Swiss pharma industry warns US tariffs could harm global patient care
The Swiss pharmaceutical sector has raised alarms over new US tariffs on medicines, warning of disrupted supply chains, increased costs, and delayed innovation, all of which could jeopardise patient access to essential treatments worldwide.
-
News Women in Pharma: CPHI India – India’s Pharmaceutical Industry and Gender Inclusion Challenges
India’s pharmaceutical industry has emerged as a significant player in the global market, valued at USD 50 billion in FY 2023-2024, according to Frost & Sullivan’s analysis. This sector encompasses a diverse portfolio, including drugs, vacc... -
News Biogen acquires Apellis Pharmaceuticals to boost immunology and rare disease profile
Biogen Inc. has announced its acquisition of Apellis Pharmaceuticals, Inc., a move that is set to significantly enhance its growth portfolio in immunology and rare diseases. The agreement, valued at approximately US$5.6 billion, will see Biogen purchas... -
News Gilead Sciences acquires Ouro Medicines for over US$2 billion
Gilead Sciences confirms a deal to take over Ouro Medicines, adding to a portfolio of therapies for autoimmune diseases.
-
News Women in Pharma: Advancing Women's Health
Discover the latest innovations in technologies and therapeutics that are revolutionising women's health in our latest CPHI Online Women in Pharma infographic.
-
News CPHI Pharma Awards 2026: Recognising Excellence in an Evolving Industry
Submissions now open — deadline May 16
-
News Dr Reddy's to launch generic semaglutide in India
Dr Reddy’s Laboratories, one of India’s leading pharmaceutical companies, is preparing to launch a generic version of semaglutide, branded as Obeda, in March. Obeda is expected to provide a more affordable alternative to Ozempic a... -
News Frontier Biotech and GSK Forge RNA Therapy Partnership
Frontier Biotechnologies and GSK have entered a global licensing agreement to advance small interfering RNA (siRNA) therapeutics. This collaboration grants GSK exclusive rights to develop and commercialise two promising siRNA candidates, marking a mile...