The best books to understand the challenges of discovering breakthrough medicines

Why am I passionate about this?

I am the former president of Pfizer Global Research, where I led research groups around the globe in finding new medicines to treat cancer, addiction, AIDS, immunological diseases, and pain. After retiring from Pfizer, I have been closely involved with biotech companies that also are seeking breakthrough drugs. This industry is a crucial part of the healthcare ecosystem, as evidenced by the remarkable response and, ultimately, the crushing of the COVID-19 pandemic. Yet, it is not just underappreciated but is treated with scorn by many. This booklist provides sources from which the reader can gain a full understanding of the value of the biopharmaceutical industry, the challenges it faces, and its importance to the world’s health.


I wrote...

Pharma and Profits: Balancing Innovation, Medicine, and Drug Prices

By John L. LaMattina,

Book cover of Pharma and Profits: Balancing Innovation, Medicine, and Drug Prices

What is my book about?

This book clearly explains the value that the pharmaceutical industry brings to society, which is often underreported against the more negative topic of high drug prices. It also offers an overview for drug discovery and development professionals, highlighting the challenges that such drug hunters should be aware of when developing new drugs.

Case studies to illustrate topics like hepatitis C, mRNA vaccines, insulin, and price controls are included to aid in seamless reader appreciation.

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The books I picked & why

Book cover of Moonshot: Inside Pfizer's Nine-Month Race to Make the Impossible Possible

John L. LaMattina Why did I love this book?

The COVID-19 pandemic has been burned into the memory of the world. While millions died as a result of this virus, many more would have died if not for the discovery, development, and deployment of the mRNA vaccines. Pfizer CEO Albert Bourla takes you behind the scenes of the race to find this breakthrough vaccine, detailing the risks undertaken, the challenges that were faced, and the crises that were ultimately overcome to save the world.

I found this riveting account inspiring from both a scientific and leadership perspective. 

By Albert Bourla,

Why should I read it?

1 author picked Moonshot as one of their favorite books, and they share why you should read it.

What is this book about?

The exclusive, first-hand, behind-the-scenes story of how Pfizer raced to create the first Covid-19 vaccine, told by Pfizer's CEO Dr. Albert Bourla

A riveting, fast-paced, inside look at one of the most incredible private sector achievements in history, Moonshot recounts the intensive nine months in 2020 when the scientists at Pfizer, under the visionary leadership of Dr. Albert Bourla, made "the impossible possible"-creating, testing, and manufacturing a safe and effective Covid-19 vaccine that previously would have taken years to develop.

Dr. Bourla chronicles how the brilliant, dedicated minds at Pfizer, under the enormous strains of the global pandemic, overcame a…


Book cover of The Great American Drug Deal: A New Prescription for Innovative and Affordable Medicines

John L. LaMattina Why did I love this book?

Legislators and healthcare insurers are seeking ways to slash healthcare costs, often focusing on cutting the costs of medicines through schemes like price controls. Yet, drugs make up only about 13 percent of the money paid on healthcare. This book does a great job of explaining what is behind the pricing of new drugs but, more importantly,  shows that all life-saving drugs eventually become low-cost generics – truly a Great American Drug Deal.

This book scrutinizes all players in the healthcare industry and offers new ideas for cost-saving measures, such as closing loopholes, dealing with bad actors, and educating consumers. If you want to understand how best to balance innovation and affordability, this book is a must-read. 

By Peter Kolchinsky,

Why should I read it?

2 authors picked The Great American Drug Deal as one of their favorite books, and they share why you should read it.

What is this book about?

Developing life-changing drugs is risky and expensive—but that’s not what makes them unaffordable.Drug pricing is a staple of every news cycle and political debate. And while we’ve struggled for decades to agree on solutions that serve all patients without jeopardizing the invention of new medicines, many Americans suffer because they can’t afford the drugs they need.Do we really have to choose between affordability and innovation?In The Great American Drug Deal, scientist and industry expert Peter Kolchinsky answers this question with a decisive No. The pharmaceutical industry’s commitment to creating new lifesaving drugs destined to become inexpensive generics can be balanced…


Book cover of Rationing Medicine: Threats from European Cost-Effectiveness Models to America's Seniors and other Vulnerable Populations

John L. LaMattina Why did I love this book?

How do you put a price on life? That is a question often asked as healthcare providers seek to determine what is a fair price for a new life-saving drug. European governments have come up with a methodology called QALY (“Quality Adjusted Life Year”), which assigns a monetary value to the quality of life and survival length for patients and then assesses the cost-effectiveness of a drug based upon the drug’s potential to both improve a patient’s quality of life and extend that life.

That sounds pretty reasonable. Actually, it isn’t. This book shows that adopting the QALY methodology in the US would be harmful by limiting patient access to breakthrough medicines as well as discouraging investment into the biotech sector by not rewarding innovation.

By William Smith,

Why should I read it?

1 author picked Rationing Medicine as one of their favorite books, and they share why you should read it.

What is this book about?

While policymakers have often expressed sticker shock at the prices of certain therapies to treat life-threatening illnesses and are right to explore options to lower costs of treatment, one methodology they should reject is the Quality Adjusted Life Year (QALY) standard used in the U.K. and elsewhere. QALY assigns a monetary value to the quality of life and survival-length for patients. QALY has generated controversy, including in the U.K., where its use led to delays in the approval of new cancer treatments already widely available in other countries—and meant the deaths of patients waiting for those potentially lifesaving treatments. In…


Book cover of Pharmaphobia: How the Conflict of Interest Myth Undermines American Medical Innovation

John L. LaMattina Why did I love this book?

There are a lot of critics of the biopharmaceutical industry who belittle the contributions of this industry by accusing it of overselling the value of new medicines, underselling safety, and having numerous conflicts of interest with academic researchers.

This book details the importance of collaborations between doctors and industry for the development of new drugs. For anyone involved in pharmaceutical R&D, it is refreshing to read accounts about successful interactions that lead to breakthroughs.

Rather than look at healthcare as “good guys vs. bad guys,” this book gives great examples of partnerships that result in saving lives.

Book cover of Creating Cures: A Young Scientist's First Job in American Biopharma

John L. LaMattina Why did I love this book?

The biopharmaceutical industry needs great young scientists. I often get asked by science majors as to whether they should consider a job in this industry and how to be successful in it. For these folks, I recommend Creating Cures, which is a thoughtful and thorough description of a career that combines doing great science with an eye on the business of developing great new medicines.

Reading this book could help you land the job of a lifetime.

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Book cover of Act Like an Author, Think Like a Business: Ways to Achieve Financial Literary Success

Joylynn M Ross

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