Developing drugs for developing countries.
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Infectious and parasitic diseases create enormous health burdens, but because most of the people suffering from these diseases are poor, little is invested in developing treatments. We propose that developers of treatments for neglected diseases receive a "priority review voucher." The voucher could save an average of one year of U.S. Food and Drug Administration (FDA) review and be sold by the developer to the manufacturer of a blockbuster drug. In a well-functioning market, the voucher would speed access to highly valued treatments. Thus, the voucher could benefit consumers in both developing and developed countries at relatively low cost to the taxpayer.
Health Services Accessibility
Orphan Drug Production
Patents as Topic
United States Food and Drug Administration
Published Version (Please cite this version)10.1377/hlthaff.25.2.313
Publication InfoGrabowski, Henry G; Moe, Jeffrey L; & Ridley, David Blaine (2006). Developing drugs for developing countries. Health Aff (Millwood), 25(2). pp. 313-324. 10.1377/hlthaff.25.2.313. Retrieved from http://hdl.handle.net/10161/7017.
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