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Kristin Schneeman Program Director September 12, 2008 “ What You Seed Is What You Get”  Making Faster Cures  the Central Organizing Principle  of the Research Enterprise
Saving lives by saving time ,[object Object]
FasterCures’  Blueprint for Change ,[object Object],[object Object],[object Object],[object Object]
FasterCures’  Blueprint for Change ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
“Entrepreneurs for Cures” What would your business model be if your bottom line were curing a disease?
The High Costs of Business as Usual We’re spending a lot on treating disease: $2.1 trillion on healthcare in 2006 – more than $7000 per person We’re not spending much on curing disease: And productivity is falling: Sources: CMS, Research!America
A New Central Organizing Principle ,[object Object],studying biology curing diseases
The Translation Gap ,[object Object],Translational research  is the process of applying ideas, insights, and discoveries generated through basic scientific inquiry to the treatment and prevention of human disease – the critical bridge between basic research and clinical research. Clinical research  is research in human subjects aiming toward approved treatments for patients.
Separating what we  need to do in science and what we need to do in the culture of science to accelerate curing diseases
TRAIN: You Are Not Alone The Redstone Acceleration and Innovation Network Collaborative, mission-driven, results-oriented, and strategic in their use of capital, these groups are motivated solely by moving promising therapies from the laboratory bench to the patient’s bedside as rapidly as possible – even those that do not directly fund therapy development.
“ Venture Philanthropy”  -> “Passion Capital” ,[object Object],[object Object],[object Object],[object Object],“… patient groups with an entrepreneurial bent have become the drug industry’s new power brokers.”   -  Forbes , 9/15/08
Nonprofits as “De-Riskers” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
New Business Models to Accelerate Research ,[object Object],[object Object],[object Object],Research  Preclinical  Phase 1  Phase 2  Phase 3  To Patients
New Business Models to Accelerate Research ,[object Object],[object Object],[object Object]
New Business Models to Accelerate Research ,[object Object],[object Object],[object Object],[object Object]
Instead of  following the money,  lead the money.

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FasterCures Presentation at LifeFest 2008

  • 1. Kristin Schneeman Program Director September 12, 2008 “ What You Seed Is What You Get” Making Faster Cures the Central Organizing Principle of the Research Enterprise
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  • 5. “Entrepreneurs for Cures” What would your business model be if your bottom line were curing a disease?
  • 6. The High Costs of Business as Usual We’re spending a lot on treating disease: $2.1 trillion on healthcare in 2006 – more than $7000 per person We’re not spending much on curing disease: And productivity is falling: Sources: CMS, Research!America
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  • 9. Separating what we need to do in science and what we need to do in the culture of science to accelerate curing diseases
  • 10. TRAIN: You Are Not Alone The Redstone Acceleration and Innovation Network Collaborative, mission-driven, results-oriented, and strategic in their use of capital, these groups are motivated solely by moving promising therapies from the laboratory bench to the patient’s bedside as rapidly as possible – even those that do not directly fund therapy development.
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  • 16. Instead of following the money, lead the money.