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Managing Prize Systems

Managing Prize Systems. Maastricht January 2008 Ron Marchant CB FRSA. Managing Prize Systems: Outline. Objective Access to medical treatment for those suffering from diseases not currently targeted Distinctions Requirements Consequences A possibility?. Distinctions.

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Managing Prize Systems

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  1. Managing Prize Systems Maastricht January 2008 Ron Marchant CB FRSA

  2. Managing Prize Systems: Outline • Objective • Access to medical treatment for those suffering from diseases not currently targeted • Distinctions • Requirements • Consequences • A possibility?

  3. Distinctions • Specific diseases or developing countries • National or global approach • Private or government • Voluntary or compulsory • Ideological or practical • Patent or non-patent • Consumers or producers • Whim or stable

  4. Requirements • Attractive to participants • Research to commercialisation • Reflects priorities • Acceptable to government • Meet innovation paradigm

  5. Consequences • Size, timing, and predictability of reward • Minimal regulatory burden • Governance • Transparency • Accountability • Public money • Agree programmes • Room for one-offs • Management of IP • Recognise incremental innovation • Control substitute behaviours

  6. A possibility • Grant plus prize plus patent • Phased payment from project specification to delivery • Conditions • Pharma, large or small • Research developing plus developed • Patent licence of right • Managed by WHO? • Result • Tech transfer • Broad priority setting • Sidelines IP debate

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