Accessibility Statement Skip Navigation
  • Resources
  • Investor Relations
  • Journalists
  • Agencies
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Hamburger menu
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS

100+ Experts Identified Top Threats and Opportunities for Global Health Just Before COVID-19 Emerged as the First Test of the Medicines Supply Chain

New U.S. Pharmacopeia and MIT Center for Collective Intelligence report examines outlook for the future of medical breakthroughs

(PRNewsfoto/U.S. Pharmacopeial Convention)

News provided by

U.S. Pharmacopeia

May 21, 2020, 06:00 ET

Share this article

Share toX

Share this article

Share toX

ROCKVILLE, Md., May 21, 2020 /PRNewswire/ -- Just a few weeks before the first cases of COVID-19 were made public, a group of more than 100 leaders in health and medicine was imagining the future of health innovation and factors that could determine its success or failure. A recurring theme was the increasing frequency of global crises that could lead to widescale disturbances and force healthcare leaders to collaborate and deliver truly global health solutions. This hypothetical series of events, now beginning to play out in real time, is described—alongside other future-oriented scenarios—in a new report released today by the U.S. Pharmacopeia (USP) and the MIT Center for Collective Intelligence (MIT CCI). 

Continue Reading
B-roll
B-roll
Dangerous uncertainty
Dangerous uncertainty
Scaling the tried and true
Scaling the tried and true
Solving tomorrow's problems
Solving tomorrow's problems
A world of difference
A world of difference

Experience the interactive Multichannel News Release here:

https://www.multivu.com/players/English/8705051-us-pharmacopeia-trust-or-consequences-2040-report/

The report—Trust or Consequences 2040: Will Innovations in Health and Medicine Deliver?—describes the changing environment for medical breakthroughs leading up to 2040 and the importance of trust in encouraging adoption. It addresses major questions such as "What developments will shape people's health between now and 2040?" and "How will trust be critical in ensuring these developments help people everywhere live longer and healthier?" The report also identifies risks to health systems and medicine supply chains worldwide, opportunities to improve global health and consequences that threaten to undermine public trust in medicine.

"New health threats will emerge with significant impact on the delivery of healthcare throughout the world," forecasted Roy Guharoy, system vice president of pharmacy, Baptist Health System and professor of medicine, University of Massachusetts Medical School. "The current global supply chain is fragile and infested with many problems, as evidenced by frequent drug shortages. A solid infrastructure for the global supply chain is critical to ensure availability of medications to meet the needs of patients around the world."

In April, as the pandemic was spreading, USP and MIT CCI asked the experts a follow-up question: "The COVID-19 pandemic has surfaced vulnerabilities in the global healthcare supply chain. Given this, what is the single biggest issue that should be addressed to ensure the availability of safe, quality medical products?"

Participants identified drug supply chain resiliency and shortages across the medical device and supplies sectors as crucial issues to tackle. They also offered a variety of solutions, which will be released in a future report.

"Many of the challenging issues we face in healthcare are recurring and persistent. Trust or Consequences 2040 points out that we must plan for the healthcare future we want, or we risk an erosion of trust and failure to fully benefit from promising innovations in health and medicine," said Ronald T. Piervincenzi, chief executive officer of USP. "During the COVID-19 pandemic and beyond, trust is needed to ensure the integrity of our medicines and the global medicines supply chain. The decisions we make now, and in the months following this crisis, will have a lasting impact on the future of healthcare, trust in medicine and in building resilient supply chains."

The consequences of erosion or collapse of trust are dire. Patients may not seek out medicines already proved to be safe and effective, leaving them vulnerable to bad actors. They may avoid needed healthcare or neglect to adhere to prescribed medical treatments. They may turn to unproven or risky alternatives rather than qualified health professionals and quality-assured medical products—all to devastating effect.

The report presents four potential future worlds that could emerge by the year 2040, and which are greatly influenced by new advances in technology—notably big data and artificial intelligence (AI)—as well as access to healthcare.

  • Scaling the tried and true. A series of rolling crises spur effective global collaboration to address health concerns broadly. Meanwhile, medical advances based on big data and AI occur gradually and are implemented incrementally. As a result, the focus is on baseline care provided to all.
  • Dangerous uncertainty. Problems with big data and AI lead to devastating healthcare failures. Unequal distribution of access means only the rich receive the most advanced treatments while people of modest means turn to therapies informed by traditional folkways. The efficacy and safety of science-based medicine are called into question.
  • A world of difference. The successful application of big data and AI leads to rapid advances in personalized medicine and prevention, diagnosis and treatment informed by genetic information. Not everyone has access to the fruits of these innovations. Disparities between and within nations perpetuate a "haves" versus "have nots" dynamic.
  • Solving tomorrow's problems. Smart and deliberate innovation is broadly distributed. Advances in big data and AI help create effective, inexpensive genetic diagnostic tools that are applied globally. Diseases become more predictable and, informed by new insights about why illness occurs, the focus of healthcare evolves to emphasize prevention. New treatments also emerge. Technological advances not only lead to remarkable new therapies but also contribute to curbing increases in healthcare costs.

Trust or Consequences 2040 also suggests how public quality standards for medical products could help promote trust in health and medicine in the future—as they have for 200 years. In the most positive future outcome, diverse entities—standards-setting organizations like USP, caregivers, government entities and commercial providers active in the healthcare sector—work together to develop the new standards and oversight practices required to guarantee the safety and effectiveness of future medicines and products. Standards could also help address inequities in patient care by enabling the faster dissemination of best medical practices.

"This report inspires recognition of the importance of the public's trust and guards against the dangers that rapid change sometimes presents," said Kathleen Kennedy, executive director of MIT CCI. "We are grateful to the many prominent expert participants from around the world who shared their insights, which will help global, national and local leaders as they make important choices now during the COVID-19 outbreak and well into the future."

For more information, visit www.usp.org/trustorconsequences.

About USP

USP is an independent, nonprofit, scientific organization that collaborates with the world's top experts in health and science to develop quality standards for medicines, dietary supplements, and food ingredients. Through our standards, advocacy and education, USP helps increase the availability of quality medicines, supplements and food for billions of people worldwide. For more information about USP, visit www.usp.org.

About the Trust CoLab

Insights for the report Trust or Consequences 2040: Will Innovations in Health and Medicine Deliver? were gathered from 105 global experts in healthcare and medicine by the MIT Center for Collective Intelligence and Scenario Insight with USP through an online platform and exercise called the Trust CoLab. The pilot took place September 18 through October 4, 2019 and the full exercise ran from October 28 through November 24, 2019. For more information, visit www.trustcolab.org.

Media Contact:
Anne Bell [email protected]
Office: +1-301-998-6785
Mobile: +1-240-701-3242

SOURCE U.S. Pharmacopeia

Related Links

http://www.usp.org

21%

more press release views with 
Request a Demo

Modal title

Also from this source

Fouad Atouf appointed Chief Science Officer of USP

Fouad Atouf appointed Chief Science Officer of USP

The United States Pharmacopeia (USP) today announced several key leadership appointments and promotions, effective July 1, 2025. Fouad Atouf, Ph.D....

More Releases From This Source

Explore

Health Care & Hospitals

Health Care & Hospitals

Medical Pharmaceuticals

Medical Pharmaceuticals

Infection Control

Infection Control

Surveys, Polls and Research

Surveys, Polls and Research

News Releases in Similar Topics

Contact PR Newswire

  • Call PR Newswire at 888-776-0942
    from 8 AM - 9 PM ET
  • Chat with an Expert
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • All Products

About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Italy
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • Vietnam

My Services

  • All New Releases
  • Platform Login
  • ProfNet
  • Data Privacy

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Platform Login
  • ProfNet
Call PR Newswire at
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookies
Copyright © 2025 Cision US Inc.