| Title | Crowdfunding Patent-Free Cancer Drugs | |
| Date | Tuesday October 28 2014, @07:56PM | |
| Author | azrael | |
| Topic | ||
| from the drug-patents-shouldn't-exist dept. | ||
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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