Healthy Skepticism Library item: 6123

Warning: This library includes all items relevant to health product marketing that we are aware of regardless of quality. Often we do not agree with all or part of the contents.

Publication type: Journal Article

Brogan D, Mossialos E.
Applying the concepts of financial options to stimulate vaccine development.
Nat Rev Drug Discov 2006 Aug 01; 5:(8):641-7
http://www.nature.com/nrd/journal/v5/n8/abs/nrd2035.html;jsessionid=76ADD4A1D11E33767FCC04F5CDFF6F5A

Abstract:

Stimulating research and development for neglected diseases (such as tuberculosis, malaria and AIDS) has proven difficult. We offer an alternative approach to stimulating research into neglected diseases based on the concept of a financial call option. Our Call Options for Vaccines (COV) model allows the purchaser to make payments during the early stages of development in exchange for reduced future prices. We conclude with a discussion of possible risks and benefits

Keywords:
Drug Design Drug Industry/economics* Humans Investments Research/economics* Vaccines/economics*