Nice study from and team finding publicly supported research had major role in late stage development of 1 in 4 new drugs, either via direct funding of late stage research or via spin-off companies created from public research institutions
Public sector research institutions or their spin-off companies were central to the development of at least a quarter of all new drugs approved by the FDA in 2008-17s, find et al
BMJ: Public sector financial support for late stage discovery of new drugs in the United States: cohort study
Public sector financial support for late stage discovery of new drugs in the United States: cohort study
Public contributions to 💊 development in US, study by et al: -25% of drugs approved by FDA in ‘08-17 had 🔑 contributions frm public institutions&spin-off companies -w/public $, meds more likely to get expedited approval ➡️more likely novel
US: over last 10 year, of the FDA approved medicines, 1/4 (25%) had origins in public research or in publicly supported private research program. Drugs in these groups were more likely to receive expedited FDA approval, indicating therapeutic importance.
"...publicly supported research had a major role in the late stage development of at least one in four new drugs..." When will pharma return the favour by providing affordable medicines for public benefit? Also, "The Entrepreneurial State" by