ICYMI: Merck and Ridgeback Biotherapeutics developed an oral COVID-19 antiviral that reduces the risk of hospitalization or death by 50%—and it’s thanks to Bayh-Dole and America’s drug development ecosystem, writes Joe Allen in IPWatchdog.
The Merck/Ridgeback pill owes a lot to the Bayh-Dole Act, which encourages the private-sector investment needed to turn basic government-funded research into tested and approved products—here’s more background.
The story in a nutshell: The antiviral was initially discovered by a biotechnology company owned by Emory University. Ridgeback licensed the discovery, then partnered with Merck in May 2020 to quickly develop it and begin clinical trials.
“The partnership between Emory University, Ridgeback Biotherapeutics and Merck could turn out to be one of the most significant Bayh-Dole alliances ever,”says Joe Allen in IPWatchdog—but all three players are getting unwarranted criticism.
“What Ridgeback did is what drives our drug development system,” he says. “About half of our new drugs come from entrepreneurial companies like Ridgeback. They are laser focused on development, taking early-stage inventions through the initial trials to see if they are effective.”
If initial trials are effective, these smaller biotechs “partner with larger pharmaceutical companies like Merck, with the resources and expertise for conducting the expensive, high-risk, later stage human trials,” he continues. “These established companies also have expertise on developing large scale manufacturing to meet global needs.”
The bottom line: Drug development is extraordinarily difficult and expensive—and most new discoveries never make it out of the lab. We need the Bayh-Dole Act, and innovative companies like Merck and Ridgeback, to bring us the cures we need.
Read the whole thing.
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