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scienceDec 4, 201418:12pending

How New Funding Models Are Accelerating Drug Development

The Bio Report

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News last month of the Cystic Fibrosis Foundation’s $3.3 billion sale of royalty rights to Kalydeco and other Vertex Pharmaceuticals drugs it helped fund served as a bold statement to the growing prominence and power of venture philanthropy. We spoke to Margaret Anderson, executive director of FasterCures, about the transaction, the role new funding and collaboration models are playing in accelerating drug development, and what traditional investors and disease groups are learning from each other.

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How New Funding Models Are Accelerating Drug Development

The Bio Report

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