E-DRUG: Webinar: Public funding of biomedical R&D: what role for public investment funds and financial markets?
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Dear e-druggers,
We would like to invite you to the next webinar of the series organized by
the Knowledge Network for Innovation and Access to Medicines, a project of
the Global Health Centre at the Graduate Institute of Geneva.
We hope you will be able to join us for this discussion. The webinar will
be recorded and made available a few days after it takes place. A list of
the previous webinars of the series and their recordings and related
materials is available at: *
https://www.knowledgeportalia.org/webinars
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*Public funding of biomedical R&D: what role for public investment funds
and financial markets?*
Thursday 28 November | 4 pm - 5 pm CET
To join the webinar, please register here:
https://zoom.us/webinar/register/2715741144836/WN_7dwSrDmnRki6tKmRRRLiXA
Speaker:
Slavek Roller, Goethe University Frankfurt
Discussant:
Nadya Wells, Global Health Centre, Graduate Institute of Geneva
Research paper to be presented at the webinar:
Pension and state funds dominating biomedical R&D investment: fiduciary
duty and public health (2019)
https://globalizationandhealth.biomedcentral.com/articles/10.1186/s12992-019-0490-x
Background
The role of public funding in biomedical research and development (R&D) is
a longstanding topic of interest both in the academic literature and in
policy debates. The public contribution to basic science and early stages
of research is well established, and more recent studies have also focused
on public funding of later stages of the development process. The
literature focuses on public funding of R&D through direct grants, tax
incentives and the purchase of the end product by public health systems.
This webinar aims to bring a new element to the debate: the role of public
investment funds.
Slavek Roller will present his recently published article (above)
investigating the role of pension and state funds in financing biomedical
R&D in the complex financial architecture of modern drug development. He
found that public investment funds in, for example, Canada, the European
Union, the Netherlands, New Zealand, Switzerland and the United Kingdom,
hold significant shares in pharmaceutical companies. He will describe how
the source of investment does or does not influence decision-making
regarding pricing and R&D priorities and implications for current debates
on access to medicines and innovation. He will also offer proposals for a
strengthened role for public investment fund boards in where and how they
invest their money, to ensure public benefit from the results of the R&D
that they fund.
The webinar is free and open to the public and will be held in English.
Participants will be able to pose questions orally or in writing, and the
speakers will respond to a selection of these during the second half of the
event. Recordings of all webinars will be made available at the Knowledge
Portal on Innovation and Access to Medicines. After registering, you will
receive a confirmation email with additional information on how to join
the webinar using the Zoom platform.
This is part of the webinar series of the Knowledge Network for Innovation
and Access to Medicines, a project of the Global Health Centre at the
Graduate Institute, Geneva.
Related materials by the Knowledge Network on Innovation and Access to
Medicines:
- Research synthesis on public funding of pharmaceutical R&D
<https://www.knowledgeportalia.org/public-funding-of-r-d>
- Webinar “Public funding of drug development: contributions of the US NIH”
<https://graduateinstitute.ch/communications/events/webinar-public-funding-drug-development>,
presented by Ekaterina Cleary, Bentley University
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Marcela Vieira
Researcher and Project Coordinator of the
Knowledge Network for Innovation and Access to Medicines
https://www.knowledgeportalia.org/
Global Health Centre, Research
Graduate Institute of International and Development Studies
marcela.vieira@graduateinstitute.ch