S5, Ep 4- Balancing Act: March-In Rights and Medical Innovation

EPISODE · Apr 26, 2024 · 23 MIN

S5, Ep 4- Balancing Act: March-In Rights and Medical Innovation

from Healthcare Matters · host Global Healthy Living Foundation

In this episode, Dr. Robert Popovian and Ben Blanc are joined by Kate Hudson, Associate Vice President and Counsel for Government Relations and Public Policy at the Association of American Universities, to dissect the complex issue of march-in rights. They delve into how this regulation negatively influences the partnership between public research and private sector investment, which is crucial for supporting biopharmaceutical innovation from university labs to a patient’s bedside. The episode reveals march-in rights' potential risks and benefits, especially how the policy might impact innovation and patient access to future therapies. Among the highlights in this episode: 02:25: Researchers found that 75% of all Food and Drug Administration-approved drugs between January 2008 and December 2017 were funded and researched by private companies, with only 19% of the approved drugs having origins in publicly supported research and development, and 6% originating in companies that were spun from publicly supported research programs 03:48: Kate shares her professional journey and current role at the Association of American Universities 06:06: Kate explains the concept of march-in rights under the Bayh-Dole Act, detailing its purpose, application, and implications for intellectual property generated from federally funded research 09:52: Dr. Popovian describes his involvement with University Pharmco and its mission to promote research commercialization, emphasizing the potential impact of march-in rights on such initiatives 12:19: Kate addresses why the debate around march-in rights is crucial from a patient's perspective, particularly concerning the potential chilling effect on innovation and drug development 17:18: Kate provides her perspective on how march-in rights could influence private sector investment, potentially driving it outside the United States, and discusses the international adoption of similar legislative frameworks 19:54: Dr. Popovian shares some final thoughts Contact Our Hosts Dr. Robert Popovian, Chief Science Policy Officer at GHLF: [email protected] Ben Blanc, Associate Director, Digital Production and Engagement at GHLF: [email protected] A podcast series produced by Ben Blanc. We want to hear what you think. Send your comments, or a video or audio clip of yourself, to [email protected] Listen to all episodes of Healthcare Matters on our website or on your favorite podcast channel.See omnystudio.com/listener for privacy information.

NOW PLAYING

S5, Ep 4- Balancing Act: March-In Rights and Medical Innovation

0:00 23:18

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Managing Next Generation Energy Systems Cambridge University Background Stakeholders working with energy systems have to make complex decisions formulated from risk-based assessments about the future. The move towards more renewables in our energy systems complicates matters even further, requiring the development of an integrated power grid and continuous and steady transformation of the UK power system. Network flows must be managed reliably under uncertain demands, uncertain supply, emerging network technologies and possible failures and, further, prices in related markets can be highly volatile. Mathematicians working with engineers and economists, can make significant contributions to address such issues, by helping to develop fit-for-purpose models for next generation energy systems. These interdisciplinary approaches are looking to address a range of associated problems, including modelling, prediction, simulation, control, market and mechanism design and optimisation. This knowledge exchange workshop was part of the four months Res AI Daily News Podcast Really Easy AI AI Daily News: Your premier source for cutting-edge artificial intelligence updates! Dive into the world of machine learning, deep learning, and data science with our daily tech briefings. From neural networks to natural language processing, we cover groundbreaking AI research, innovative applications, and industry trends. Explore the latest in computer vision, robotics, autonomous systems, and the Internet of Things. Stay informed on AI ethics, machine learning algorithms, and the transformative impact of AI on business, healthcare, and society. https://www.youtube.com/@AINewsFresh The Invisible Wave Podcast Invisible Wave An estimated 1 in 4 young adults in the U.S. are living with a chronic medical condition, many invisible to the naked eye, and posing unique challenges in education, healthcare, the workplace, mental health, and the family.The Invisible Wave Podcast illuminates these shared challenges through highly relatable personal stories from individuals, caregivers, and innovators, and highlights effective grassroots solutions to improve quality of life for this vast, underserved community.*About the Host:*On the first day of her medical fellowship, Dr. Santi Bhagat’s 8-year-old daughter was rushed to the emergency room where they induced a medical coma to stop her first seizure. In that moment Dr. Bhagat crossed the threshold from being a physician to a frightened mother desperate to protect and save her child, and was moved to create Physician-Parent Caregivers (PPC), a non-profit to protect young people with chronic health conditions and their families. Santi has since founded the Anthem Aw Deep True Crimes (S.H) S. Harlowe True Crime, Mystery, and a little bit of history thrown in. This is a community for people who are drawn to the darker side of things, who aren't afraid to hear honest opinions about difficult matters.
URL copied to clipboard!