+ Bookmark This Page    
Preferences  |  12:57 PM
  1. Home
  2. Latest News
  3. Submit Press Releases
  4. Search Jobs
  5. Search Businesses
  1. News Home
  2. News Archive
  3. By Category
  4. By Location
  5. By Date
  6. By Tag
  7. Newsletter
  8. 40,000 RSS Feeds
  9. Submit Free Press Release
   
Filter News
Category

Country

State / Province
Select Country First

City / Town
Select State First

Open Source Pharmaceuticals - New Business Model

"Open source" as applied to culture defines a culture in which intellectual property is made generally available. Participants in such a culture are able to improve and modify those products and redistribute them back into the community.
 

FOR IMMEDIATE RELEASE

PRLog (Press Release)Feb 13, 2007 – The open source model can allow for the concurrent use of different agendas and approaches in project development, in contrast with more centralized models of development such as those typically used in pharmaceutical companies.
Software is not the only field affected by open source; many fields of study and social and political views have been affected by the growth of the concept of open source. Advocates in one field will often support the expansion of open source in other fields, including Linus Torvalds who is quoted as saying, "the future is open source everything."

The idea of open source is then to eliminate the access costs of the user and the creator by reducing the restrictions of copyright and patent protection. This will lead to creation of additional works, which build upon previous work and add to greater social benefit. Additionally, some proponents argue that open source also relieves society of the administration and enforcement costs of copyright and patent protection. Others argue that society loses through open sourced goods. Because there is a loss in monetary incentive to the creation of new goods, some argue that new products will not be created. This argument seems to apply particularly to the business model where extensive research and development is done, e.g. pharmaceuticals. It is reasonable that huge pharmaceutical investment into R&D should be protected in case of new medicine development. However, it is easy to figure out that there is substantial quantity of intellectual property which is useless to the owners and is still kept protected or confidential. This case is mutual loss, for owner and for community.

There have been several proposals for open-source pharmaceutical development, which led to the establishment of the Tropical Disease Initiative. There are also a number of not-for-profit "virtual pharmas" such as the Institute for One World Health and the Drugs for Neglected Diseases Initiative.

Farmavita.Net has recently started the project named “Farmavita.Net – Open Source Pharmaceuticals”. The project is targeted to development of sharing of know-how for manufacture of essential and life saving medicines. It is mainly dedicated to the countries with less developed economies where local pharmaceutical production is insufficient for national needs. It will be limited to generic medicines with established use. By the definition, medicinal product have a “well-established use” if is used for at least 15 years, with recognized efficacy and an acceptable level of safety. In that event, the expensive clinical test and trial results could be replaced by appropriate scientific literature. Beside safety of medicine, it is also important that risk of third party patent infringement is minimized with such older products.

Established manufacturers are invited to share their:
• Drug Master Files (DMF) for active pharmaceutical ingredients (API)
• Formulation and directions for manufacture of finished dosage product.
• Specifications and quality control methods for finished dosage product, excipients and packaging materials.
• Appropriate scientific literature showing “well-established use”.

It is expected that user will adjust available know-how to the local manufacturing facilities, make stability studies of the product and obtain national manufacturing and sales licenses. They should start local manufacture and distribution.

Also, it is expected that know-how will be gathered from several different manufacturers. Some of them may be manufacturers of API and some may be manufacturers of dosage forms. Question could be made about motivation of established manufacturers for sharing of their know-how. We can point out several motivation factors:

• It will bring “way to health” to big number of people in countries will less developed economies.
• Participation in the open source pharmaceutical project may add to promotion and public image of the every participant.
• It will develop new business contact which may result in commercial business development.
• DMF`s are already exchanged between companies without royalty payments.
• Specifications and quality control methods for finished dosage product, excipients and packaging materials are already publicly available at several national pharmacopeias.
• scientific literature showing “well-established use” is publicly available at internet databases (for instance PubMed - http://www.ncbi.nlm.nih.gov/entrez/query.fcgi)
• The most of documentation is publicly available, but is not professionally gathered and compiled.

For sure there will be number of benefits for every participant. All this benefits are not visible from this starting point. You should contact Farmavita.Net if you would like to participate in this new attractive project.
# # # + Share This Article Click to see PDF Version of this Press Release

Email to a Friend       Previous News   Next News


Issued By:Farmavita.Net
Website:http://www.farmavita.net
Contact Email:Click to email
Categories:Medical, Technology, Business, Health
Tags:Farmavitanet, Open Source, Pharmaceutical, Drug, Medicine, Development
Shortcut:www.prlog.org/10007794

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog.Org can't be held liable for the contents of the press releases.   Report Abuse


More Press Releases...

New kids on the Online Bingo block!

Free Auto Insurance Quotes Phoenix, Arizona

Keylounges Expands Rapidly With Collaboration Agreements In Place With Numerous Rental Companies.

Payday Loans No Faxing: Instant Cash with No hassle of Paper Work

Parker Acquisition of Vansco Electronics


Related

Aghreni Technologies To Focus On Providing Open Source Software Services Expertise To Clients

Illumination Hosting To Support Web Sites Built With Ruby On Rails

Kiax Softphone ver 2.1 Will Feature .TEL Support

High Growth Is Expected In The Generic Market Globally In The Next Five Years

Open Source Authentication Provider Offers Free Advanced Management Feature with Service Plan


Most Viewed (Last 7 days)

Is Gold a Good Investment? Learn about Gold Bullion - 735 views

Score! What Business Owners Need To Know About Obtaining Financing In Tough Times. - 630 views

The Rush is On for Power Flush 500 - 628 views

Nothing second-hand about giving…DirectBuy of Tinley Park donates computers to Goodwill; - 516 views

"Asia Pacific Group" – Insurer AIG May Yet Fall. - 498 views



Previous News

Next News

Are you a Journalist?


For Businesses ...


Tutorial on Free Marketing


January 2009
We Tu Mo Su Sa Fr Th
7 6 5 4 3 2 1
December 2008
31 30 29 28 27 26 25
24 23 22 21 20 19 18
17 16 15 14 13 12 11



  1. SiteMap
  2. Contact PRLog
  3. Privacy Policy
  4. Terms of Use
  5. Copyright Notice