Applying the concepts of financial options to stimulate vaccine development

Applying the concepts of financial options to stimulate vaccine development
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DOI:
10.1038/nrd2035
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发表时间:
2006-08-01
影响因子:
120.1
通讯作者:
Mossialos, Elias
Mossialos, Elias
中科院分区:
医学1区
文献类型:
--
作者:
Brogan, David;Mossialos, Elias

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事实证明,激励被忽视的疾病(如结核病、疟疾和艾滋病)的研究和发展是困难的。我们提供了一种替代方法,以刺激研究被忽视的疾病的基础上的概念,金融看涨期权。我们的疫苗看涨期权(COV)模式允许购买者在开发的早期阶段付款,以换取未来更低的价格。最后,我们讨论了可能的风险和收益。
Stimulating research and development for neglected diseases ( such as tuberculosis, malaria and AIDS) has proven difficult. We offer an alternative approach to stimulating research into neglected diseases based on the concept of a financial call option. Our Call Options for Vaccines (COV) model allows the purchaser to make payments during the early stages of development in exchange for reduced future prices. We conclude with a discussion of possible risks and benefits.