Upload
alina-grenier-arellano
View
91
Download
4
Embed Size (px)
Citation preview
The world’s first online collaboration platform repurposing research
25 project repurposing
research portfolioSocial Finance
InitiativeCreating “pay for
success” repurposing
economics in the UK
5 Programs to Leverage Successes and Overcome Challenges
The Low Profit Pharma Co.Bringing low profit
commercializable generic drug repurposing to market with the
support of Impact Investors
The Generic Drug Companies Initiative
Partner with generic drug companies to fund generic drug repurposing
research based on potential overall increases in the sales of generic drugs.
Ongoing
Feasibility
Possibility
Feasibility-Low Profit Pharma Company
Huge Global Problem – Too many unsolved diseases, too few therapeutic breakthroughs, the ones that come are too slow to get to patients and too expensive. Solution –Many therapeutic opportunities through generic drug repurposing have huge financing challenges. Innovation – create an investment vehicle for Impact Investors – a low profit drug repurposing company to identify repurposing opportunities across all disease classes that have potential commercial return and patient impact, but are below industry market returns.
Cures Within Reach is in an ideal position to do this work – we have the platform, networks, experience and success stories. CWR has already identified a set of repurposing projects that are LoPro candidates.
Feasibility-Social Impact Bond Initiative
Problem-Industry does not fund generic drug repurposing for current dosage and formulation because there is little profit potential.
Solution-Create incentive for investors to finance life-saving Repurposing Research through a Social Impact Bond (SIB) in which the government pays for improved healthcare outcomes and reduced healthcare costs through drug repurposing.
CWR is currently developing this SIB concept with the British Government and beginning to talk with the UN and others about a global SIB initiative
Feasibility-Social Impact Bond Initiative
Feasibility-Social Impact Bond ROI
# of clinical
trials
Average cost per clinical
trial
Total Rediscovery
Research Costs
Potential success
rate
# of "new" treatments
created
# of patients who have one disease with a
"new treatment
Projected annual
healthcare $ saved/average
patient
Total potential 5 year savings for all
patients with these diseases
% patients actually
using the "new"
treatments
healthcare $ saved on this sub-
population of patients AFTER
repaying investors
200 250,000 $50,000,000 10% 20 3000 $10,000 $600,000,000 10% $10,000,000
200 250,000 $50,000,000 15% 30 4000 $20,000 $2,400,000,000 10% $190,000,000
200 250,000 $50,000,000 20% 40 8000 $30,000 $9,600,000,000 10% $910,000,000
200 250,000 $50,000,000 25% 50 15000 $40,000 $30,000,000,000 10% $2,950,000,000
200 250,000 $50,000,000 30% 60 32000 $50,000 $96,000,000,000 10% $9,550,000,000
Possibility-The Generic Drug CompaniesRepurposing Partnership
Economic Innovation – Partner with generic drug companies to fund generic drug repurposing based increases in the sales of generic drugs. It makes sense –Every new repurposed generic drug use would improve healthcare outcomes and increase revenue to generic drug companies. The short-term investment is small and the long-term return is large. CWR can promote off-label uses even if a drug company cannot. Generic drug companies information about off-label use of drugs can inform researchers to propose additional repurposed uses. This is a strong marketing/PR opportunity for generic drug companies, showing their commitment to creating effective low cost treatments for patients.
For more information, see
www.cureswithinreach.orgwww.cureaccelerator.orgTwitter.com/CuresWReach
Facebook.com/P4Cures
Or contact:
Dr. Bruce BloomPresident and CSO