Title Can the response to Covid-19 help address other global challenges? Degree of recognition International Media name/outlet In-Part Media type Web Country/Territory United Kingdom Date 5/11/21 Description From the academic perspective, Dr Hamid Merchant, a pharmaceutical scientist and subject lead in pharmacy at the University of Huddersfield, agreed, adding that the pandemic has highlighted the importance of funding being provided at the earliest stage possible for new intervention development:
If the venture capital funds are not coming in, if early support is not available in time, then lots of ideas and technologies emerging from universities go into open access immediately, which is good for sharing knowledge but this makes it so difficult later for the industry to exploit on the IP and commercialise it.”
Support for academics with early investment and protections will be key for addressing major health challenges in the future, and hopefully we will see more venture capital playing a key role in philanthropic investments that can support the transition of technologies from an early idea to a commercial product.
Producer/Author Ruth Kirk URL https://in-part.com/blog/response-to-covid-19-address-other-global-challenges/ Persons Hamid Merchant