The healthcare of tomorrow: assessing the innovation landscape in Europe

Past event LIVESTREAMED

Sustainable Livelihoods

22May2024

starts 09:30

ends 10:00

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🔴WATCH: The healthcare of tomorrow: assessing the innovation landscape in Europe

This edition of #CriticalThinkingLive with Monica Shaw, Senior Vice President, European Markets at Bristol Myers Squibb, underscored the imperative of establishing an enabling ecosystem for innovation in Europe, ensuring that both patients and industries reap the benefits of increased rewards to healthcare innovation and medications.

The concept of sustainable innovation thus entails the development of a balanced approach that rewards groundbreaking advancements while managing healthcare budgets effectively. Focusing less on cost-containment, Shaw stresses that the entire healthcare environment should be focused on rewarding research and development, and making sure that patients can access innovation.

Equitable access to treatments and medications across all European regions remains a priority, as currently, the existing disparities hinder patients’ ability to receive consistent care. Collaboration among governments, healthcare bodies, patient groups and the pharmaceutical industry is essential to creating a unified healthcare framework that connects sustainable innovation and equitable access.

With BMS having a strategic footprint in Europe, Shaw stresses the need for Europe to maintain its competitive edge on a global scale, advocating for robust policies that encourage research and development, streamlined clinical trials, and efficient market access. By fostering a comprehensive and collaborative ecosystem, Europe can remain at the forefront of healthcare innovation, ensuring sustainable growth and improved patient outcomes.

#CriticalThinkingLive is the latest expansion in our #CriticalThinking family, bringing influential voices from across a range of sectors to challenge, inspire and influence current thinking on the biggest issues facing Europe and the world.

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PHOTO CREDIT: Bristol Myers Squibb

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In her role of Senior Vice-President, Head of European Markets, Monica Shaw leads BMS’s business across Europe, with a portfolio of innovative medicines spanning oncology, hematology, cardiovascular, immunology, cell therapy and neurology. Shaw joined BMS from Oncopeptides, a global biotechnology company, where she served as Chief Executive Officer. She has held several international leadership positions at Leo Pharma, GSK/ViiV Healthcare, Merck Serono and Novartis, with experience across immunology, dermatology, oncology, virology, neurology and rare diseases. Previously, Shaw also worked as a doctor at the UK’s National Health Service.

Tamsin Rose is a facilitator who was until recently a senior fellow for health at Friends of Europe. Having studied international relations, she has 25 years of experience working across the European continent from Ireland to Mongolia. A natural communicator, Tamsin has been a radio reporter, worked on press for the EU Delegation in Moscow and is currently a member of the external speaker team for the European Commission Directorate-General for Communication, describing how the EU works and key policies to visitor groups from around the world. Since 2002, she has specialised in public health and public participation issues, serving as the Secretary General of the European Public Health Alliance (EPHA), and providing strategic advice for health groups on how to engage successfully with the EU.

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