Research output

Can medical products be developed on a non-profit basis? Exploring product development partnerships for neglected diseases

Research output: Contribution to journalArticleAcademicpeer-review

Associated researcher

Abstract

Reliance on market forces can lead to underinvestment in social welfare enhancing innovation. The lack of new medical products in the area of neglected diseases is a case in point. R&D for neglected diseases has increased with new funding and collaborations taking place mainly through product development partnerships (PDPs). PDPs are self-governing, private non-profit R&D organizations. In contrast to push and pull instruments designed to address private-sector R&D underinvestment, PDPs have emerged voluntarily to address this public health challenge. In this study we examine how non-profit R&D collaboration for neglected diseases takes place through PDPs. We find that PDPs act as 'system integrators' that leverage the resources and capabilities of a network of public, philanthropic and private-sector partners.

    Research areas

  • R&D collaboration, non-profit, innovation, neglected diseases, RESEARCH-AND-DEVELOPMENT, DRUG DEVELOPMENT, PHARMACEUTICAL INNOVATION, DISCOVERY, MARKET, ECONOMICS, ADVANCE, POLICY, SCALE, SCOPE
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Details

Original languageEnglish
Pages (from-to)315-338
Number of pages24
JournalScience and Public Policy
Volume42
Issue number3
DOIs
Publication statusPublished - Jun 2015
Externally publishedYes