Exploring New paradigms for Health R&D
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Transcript of Exploring New paradigms for Health R&D
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Exploring New paradigms for Health
R&D
Dr Shaidah AsmallOctober 2007
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Product Development
To global physical, mental and social well-being
Absence of Solutions
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Validity of Assumptions • Pharma innovate drugs for developed countries
– Rate of Innovation decreasing Correa• Appropriate profit motive will lead to innovation
– IAVI one of first vaccine development initiatives– At present more than 80 in development– Big pharma actively involved in vaccine development– However limited success
• Lack of ability to pay– 20 years Chinese economy larger than USA – although % of poor will be large – today 700m below $2 day– Indian economy also expanding– Cover about a third of world population
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Future Scenarios
• Biotech and Nanotech “revolution”– Rate of new developments in health are
increasing– However, majority at the conceptual stage– Known targets but looking for new
entities/delivery vehicles• Shorter Cycle “mind to market”
– IT cycle is about 15 months– Biotech cycle is about 30 months
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Possible interventionsin value chain
• Prizes for ideas• Funding for development
– Patent pool;• CAMC for commercialisation
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Acknowledgements