A Model For Life Sciences Research Funding
January 11, 2012 -- Ever wonder where the money goes when you donate to a large “Fight This Cancer” campaign? How does such a donation translate into productive research? What are the chances it will help yield a breakthrough treatment or “cure,” which many campaigns proclaim as their goal?
Similarly, if you run a life sciences company or plan to start one, do you know for certain that the vast sums raised by megacampaigns are distributed to researchers in a rational way? Do the funding organizations systematically ensure meaningful results? And do they present a clear route by which companies can obtain access to the funded research for commercialization into products that benefit patients?