A serious lack of funding exists for the research and development (R&D) of therapeutics, diagnostics, and preventive measures for neglected tropical diseases (NTDs). Hence, crowdfunding to finance R&D for NTDs has high importance, because it is a new and alternate source of capital. This study explores current trends of crowdfunding for R&D for NTDs. Our study showed that, although the number of crowdfunding campaigns for NTDs has been increasing since 2010, crowdfunding overall has not reached its full potential. Several factors contributing positively to the success of crowdfunding campaigns were identified. These and the promotion of the crowdfunding ecosystem could aid the unlocking of its potential as a complementary financing source to conventional funding practices of R&D for NTDs.
BT - Drug discovery today C1 - https://www.ncbi.nlm.nih.gov/pubmed/33640317 DA - 02/2021 DO - 10.1016/j.drudis.2021.02.021 J2 - Drug Discov Today LA - eng N2 -A serious lack of funding exists for the research and development (R&D) of therapeutics, diagnostics, and preventive measures for neglected tropical diseases (NTDs). Hence, crowdfunding to finance R&D for NTDs has high importance, because it is a new and alternate source of capital. This study explores current trends of crowdfunding for R&D for NTDs. Our study showed that, although the number of crowdfunding campaigns for NTDs has been increasing since 2010, crowdfunding overall has not reached its full potential. Several factors contributing positively to the success of crowdfunding campaigns were identified. These and the promotion of the crowdfunding ecosystem could aid the unlocking of its potential as a complementary financing source to conventional funding practices of R&D for NTDs.
PY - 2021 T2 - Drug discovery today TI - Current trends in and future potential of crowdfunding to finance R&D of treatments for neglected tropical diseases. SN - 1878-5832 ER -