Examples of Business Models for Funding the Development of Drugs to Treat Rare and Neglected Diseases
INSTITUTE FOR ONEWORLD HEALTH (IOWH)
Not-for-profit pharmaceutical company
A small team of pharmaceutical company experts, founded in 2000 with seed funding from the Bill and Melinda Gates Foundation.
Identify promising drug candidates, complete clinical trials, secure local manufacturing and regulatory approval in countries in which target diseases are endemic, and form partnerships to ensure drug distribution. IOWH strives to be opportunistic and flexible, engage industry partners, bridge industry and the public sector, focus on development, not duplicate available global resources, and ensure local government support.
CYSTIC FIBROSIS FOUNDATION THERAPEUTICS, INC. (CFFT)
Wholly owned, nonprofit drug discovery and development subsidiary of the Cystic Fibrosis Foundation with eight staff members.