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Crowdfunding Patent-Free Cancer Drugs

posted by azrael on Tuesday October 28 2014, @07:56PM   Printer-friendly
from the drug-patents-shouldn't-exist dept.

AnonTechie writes:

Chemist and “semi-recreational” codemonkey Isaac Yonemoto is running a crowdfunding campaign called Project Marilyn to create open sourced, patent-free cancer drugs.

Yonemoto proposes a $75,000 stretch goal to fund an experiment he hopes will prove we can use a compound sequenced from microscopic bug cultures to treat cancer.

It’s a plan that could liberate pharmaceuticals and dramatically lower the cost of anticancer medicine. The global market for these drugs surpassed $1 trillion this year. The average monthly cost of a brand-name cancer drug in the U.S. is about $10,000, according to the IMS Institute for Healthcare Informatics.

 
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  • (Score: 2) by fadrian on Wednesday October 29 2014, @03:51AM

    by fadrian (3194) on Wednesday October 29 2014, @03:51AM (#111049) Homepage

    Let me know when he hosts the Kickstarter campaign for the Phase 3 trial - that will run you between $50M and $250M (~$100M being the average here in the US - expect more, if you want to go overseas). Phase 3 trials take ~90% of all drug development costs.

    So yeah, doing an animal study for $75K, that's feasible. Talk about taking this to market via Kickstarter? Just fucking stupid. And, if you give your money to this, well, I guess you'll get some animal studies. Big whoop.

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