[A2k] Edwards 2008 platform: "Pursue Prizes as Innovation Incentives"

[Thiru Balasubramaniam]

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Begin forwarded message:

> From: Mike Palmedo <mpalmedo@wcl.american.edu>
> Date: June 14, 2007 9:17:48 PM CEST
> To: ip-health@lists.essential.org
> Subject: [Ip-health] Edwards 2008 platform: "Pursue Prizes as
> Innovation Incentives"
>
> http://johnedwards.com/news/headlines/20070614-health-care-costs-
> quality.pdf
>
> REFORMING HEALTH CARE TO MAKE IT AFFORDABLE, ACCOUNTABLE, AND UNIVERSAL
>
> (Fact sheet on John Edwards' healthcare plan, released by his campaign)
> June 14, 2007
>
> [snip]
>
> =95 Pursue Prizes as Innovation Incentives: Edwards will convene an
> expert
> panel to identify disorders where prizes =96 not patent monopolies=97woul=
d
> offer new incentives to researchers, guaranteed gains to companies, and
> lower costs to patients. Drug companies would know that if they
> generated a life-saving breakthrough, they would be guaranteed a
> significant payment in exchange for allowing competition in
> manufacturing and distribution. With prizes, the government will pay
> more up front, but it will save taxpayers in the end because companies
> will generate breakthrough drugs more quickly and at a lower cost. Key
> questions about the pricing of prizes, the appropriateness of prizes
> for
> different diseases, and the relationship to patent protections remain
> to
> be resolved, but prizes are a promising innovation that Edwards will
> pursue.[88]
>
> [snip]
>
> FOOTNOTE:
>
> 88 S. Woolley. "Prizes Not Patents." Forbes, (April 18, 2006); J.
> Stiglitz. "Prizes, Not Patents." Project Syndicate (2007),
> http://www.project-syndicate.org/commentary/stiglitz81; Consumer
> Project
> on Technology. "Medical Prize Innovation Fund." (2007),
> http://www.cptech.org/ip/health/prizefund/cptech-articles.html.
>
> --
> Mike Palmedo
> Research Coordinator
> Program on Information Justice and Intellectual Property
> American University, Washington College of Law
> 4910 Massachutsetts Ave., NW Washington, DC 20016
> T - 202-274-4442 | F 202-274-0659
> mpalmedo@wcl.american.edu
>
>

---------------------------------
Thiru Balasubramaniam
Geneva Representative
Knowledge Ecology International (KEI)
voice +41.22.791.6727
fax +41.22.723.2988
mobile +41 76 508 0997
thiru@keionline.org
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