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The Need for Digital Marketplaces
The cost of drug development has grown steadily and significantly over the past 40 years. As such, the business model for drug discovery and development is increasingly predicated on recouping costs barely manageable even for affluent nations. In an effort to combat this trend, various stakeholders in the drug discovery ecosystem − academia, industry, foundations, governments, and regulators − have been identifying and exploring novel models based on the collaboration and distribution of risk that provide new schemes for incentivising and rewarding drug discovery.Liesl Eichholz at Molecule (July 2019)
Keywords: financial innovation
pharma IP
IP securitisation
Digital market
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