Tag Archives: R&D

Patents Improve Public Health: Progressive Economy Reviews TRIPS at 20 Years

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Progressive Economy released a research paper examining the effect of TRIPS (Trade-Related Aspects of Intellectual Property) on global health. Here are their findings quoted from their press release: “1. Since the TRIPS agreement went into effect on New Year’s Day 1995, research and development spending has risen significantly worldwide (relative to the size of GDP). For OECD members, the rise is from 2.1 percent to 2.4 percent of GDP, or in practice an additional $220 Read More >

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Propel Small Business Innovation through Tax Reform

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As CEO of an emerging clinical-stage biotech company, I lose over $10 million each year. Over the lifetime of my company, I have lost over $100 million. But constantly losing money in an effort to advance discoveries should not overshadow the real lifeblood of biotechnology, which is the reward of seeing patients treated, lives saved, and families healed. Some of the biggest challenges companies like mine face include high research and production costs, coupled with Read More >

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The Pivotal Role the Public Market Plays in Financing R&D

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Growing innovators are the heart of our industry. Biotech small businesses face a dual struggle – the daily challenge of running a growing company combined with the roadblocks intrinsic to groundbreaking scientific advancement. Innovative companies must overcome capital formation barriers in order to fund their next generation R&D.  The financing challenges that emerging biotechs face are unique, but we have the potential to save lives and treat patients in desperate need of hope. Today, I Read More >

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Make Medical Research a National Priority

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Biomedical and health research fuels private sector innovation and the development of new therapies and devices to prevent and fight disease. Funding cuts threaten scientific discoveries that could lead to new therapies and potential cures for deadly disease. In recent months, thought leaders in medical research have taken their message public to demonstrate the medical, economic and competitive advantages of government investment in research. We must reinforce the message to members of Congress during the Read More >

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Who Cares About ALS?

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1,100 days. That’s the average amount of time a person survives following a diagnosis of ALS. That is because ALS is a progressive neurodegenerative disorder defined by the loss of both upper and motor neurons which in the clinic is characterized by the atrophy of nearly all a person’s muscles.  These 1,100 days aren’t pretty. Each person will progressively lose their ability to speak, move or eat on their own. Most people will die from Read More >

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