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Cash Injection for Neglected Disease
Research Proposed
A fund to help speed drug development
for neglected diseases and ensure that resulting drugs are
affordable to the poor was proposed alongside the WHO annual
assembly in Geneva last week (17-21 May).
The fund proposed by a consortium of industry and
non-governmental organisations would support product
development partnerships (PDPs) between donors, researchers
and pharmaceutical companies, to prevent promising research
from "languishing on the shelf".
In 2008, one-fifth of the money spent on neglected disease
research went through these business-like, donor-financed
PDPs. But a "fresh cash injection" is needed to
ensure research can progress through to product development.
"Without substantial new funding, projects will stall,"
said Paul Herrling, head of the Novartis Institutes for Developing
World Medical Research.
The proposed 'PDP+ Fund' would be a "one-stop-shop for
donors". It would coordinate project funding of different
PDPs and seek innovative financing schemes to fund research
and clinical trials.
But there are still uncertainties as to how the fund would
be governed and how funding decisions would be made.
Source: SciDev net
Date: May 24, 2010

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