Philanthropy can help create a healthier biotech ecosystem

Philanthropy can help create a healthier biotech ecosystem

There is potential for foundations to more strongly bolster competition in the market for biotech — in both venture and social justice philanthropy.

An Opportunity: Philanthropy Can Reshape Drug Innovation

Patent gaming and anti-competitive practices have been impacting drug innovation. Often, the federal government works to keep checks and balances on innovation practices – like the Biden era FTC crackdown on inhaler patent abuses. But, recent instability in the federal policy arena indicates that the government may not be a reliable regulatory partner. With this loss, however, philanthropy has the opportunity to step up and actively reshape the …