2c) Innovating Global Health: Collaborative Action Where Markets Fail
Dec 7, 2021 | 11:00 AM - 12:15 PM
Dec 7, 2021 | 11:00 AM - 12:15 PM
Description
This panel discussed how new kinds of collaboration could bridge research, economic, and societal priorities to achieve a key societal mission: to strengthen health resilience. The Covid-19 pandemic has highlighted the importance of interdisciplinary and multisector collaboration to address unmet medical needs and emerging societal priorities. When markets and return of investment are limited, for example in novel antibiotics, pandemic vaccines, and some diagnostics, innovators find it difficult to secure funding, develop a sustainable pipeline, and to ensure financial returns. New business models are needed to strengthen health resilience.
● How can collaborative partnerships and novel business models between governments, public research institutes, industry, funders and philanthropy help overcome economic barriers to sustainable health innovation where traditional markets do not deliver?
● How can these mechanisms become more anticipatory of resilience challenges?
