Antecedents and implications of the Expanded Access Programme in the pharmaceutical industry
The lack of access to drugs that treat deadly diseases is a massive global health challenge, especially in developing countries. In 2016, of nearly 37 million people living with HIV, one million died due to a lack of effective drugs and therapies. This study examines the relatively understudied strategy of ‘early access’ in the pharmaceutical industry context, where firms pursue two distinctly different goals: saving lives and making money, with the result that the industry does not focus solely on saving lives.
An Expanded Access Programme (EAP), in which a pharmaceutical company provides ‘investigational’ drugs to patients with a life-threatening condition or severe disease, is a pathway to solving such problems. However, providing such a drug has ethical and financial concerns; hence adopting an EAP is complex for pharmaceutical companies and currently only a fraction have done so. This research examines the concerns and barriers pharmaceutical firms face in releasing products through an EAP to better understand the associated social and economic challenges.
An EAP is a philanthropic undertaking. By providing insights into how pharmaceutical companies allocate resources in making investigational drugs available to the patient segment that needs them the most, this research will identify ways for business to embrace innovation and corporate social responsibility. In doing so, it will help solve one of the most urgent and socially and economically debilitating global health challenges of our time.
- Sukhun Kang, PhD Student, Strategy and Entrepreneurship, London Business School
Sungyong Chang is Assistant Professor of Strategy and Entrepreneurship at London Business School. Sungyong’s research explores innovation, creativity and firm growth strategies using computational modelling and big-data analysis. His particular focus is on high-tech and cultural industries where innovation and creativity matter most.