A Global Biomedical R&D Fund and Mechanism for Innovations of Public Health Importance

PLoS Medicine
(Accessed 16 May 2015)
http://www.plosmedicine.org/

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A Global Biomedical R&D Fund and Mechanism for Innovations of Public Health Importance
Manica Balasegaram, Christian Bréchot, Jeremy Farrar, David Heymann, Nirmal Ganguly, Martin Khor, Yves Lévy, Precious Matsoso, Ren Minghui, Bernard Pécoul, Liu Peilong, Marcel Tanner, John-Arne Røttingen
Essay | published 11 May 2015 | PLOS Medicine 10.1371/journal.pmed.1001831
Summary Points
:: Anti-microbial resistance, emerging infectious diseases, and neglected diseases are all important public health concerns and priorities with serious market failures, deficits, and identified needs in biomedical innovation.
:: It is important to reconcile, rather than fragment, the needs of these three priority areas by considering an umbrella framework for specifically financing and coordinating research and development (R&D) that delivers innovation while securing patient access.
:: A sizeable, sustainably financed global R&D fund and mechanism that promotes coordination, collaboration, and utilization of new and innovative incentives should be set up to cover all three priority areas.