The public-private interface in the oncology market

How public science transforms drug-development efforts

Understanding how public science helps practitioners and policy-makers target scarce resources is key to improving the efficiency of drug discovery and development. This project studies how public science can promote innovation in the private-sector development of drugs and biologics, focusing on the oncology market. The aim is to identify the social challenges associated with diseases that are leading causes of deaths across the world; particularly in developing countries, where millions of people fail to fulfil their potential due to lack of access to effective drugs.

WORLDWIDE

The challenge

This project studies whether and how public science can promote innovation in the private-sector development of drugs and biologics, with particular attention to the oncology market. The work has policy implications for today’s health environment. For example, while the Covid-19 pandemic has affected every facet of our daily lives, it has also significantly influenced the scientific community. In the first five months of the breakout, a record of 23,000 scientific papers were published on the topic of Covid-19. Whether this trend of open science will continue and lead to more novel and faster drug and vaccine development is a worthy topic to explore.

The intervention

The author focuses on the public disclosure of scientific information in the form of scientific maps of firms’ innovations in the oncology industry. The firms and organisations in this market discover, develop and market drugs or biologics with the goal of preventing or curing cancers. The work seeks to advance two core research streams. The first stream reveals the firm-level antecedents of the public disclosure of scientific information among oncology drug companies. The second stream aims to better understand the consequences of public scientific information on drug innovations, such as the impact of cancer genomic mapping on oncology drug development.

The impact

This research aspires to provide insights on how private and public sectors can collaborate to solve significant social health challenges and more equitably improve human wellbeing in society. By examining how the availability of public science helps biopharmaceutical firms allocate their resources in making strategic decisions, the author aims to identify a grand social challenge associated with diseases that are often leading cause of deaths across the world; particularly in developing countries, where millions of people fail to fulfill their potential due to lack of access to effective drugs.