May 4th, 2012
07:08 AM ET
Countless Americans are suffering from thousands of diseases for which there are no treatments.
In an effort to develop new therapies for them, the National Institutes of Health launched a new program Thursday. The program is designed to match their researchers with experimental compounds currently not in further development from drug companies.
"Americans are eagerly awaiting the next generation of cure and treatments to help them live longer and healthier lives. To accelerate our nation's therapeutic development process, it is essential that we forge strong, innovative and strategic partnerships across government, academia and industry," said Health and Human Services Secretary Kathleen Sebelius.
The compounds have already cleared a number of hurdles in the development process including safety testing in humans.
NIH Director Francis Collins says he is happy to serve as a matchmaker. While researchers have identified the cause of more than 4,500 diseases, Collins says effective treatments are only available for about 250 of them.
He hopes that compounds that were not effective against the disease they were originally developed for prove to be useful for other conditions. The HIV prevention drug AZT is an example of a drug that was a failure against it's first opponent - cancer.
According to Collins, it currently takes on average $2 billion over a 14-year period to move a drug discovery from the lab to treatment. This new program would save researchers time and money because they wouldn't be starting from scratch.
"Clearly, we need to speed the pace at which we are turning discoveries into better health outcomes," Collins said. "NIH looks forward to working with our partners in industry and academia to tackle an urgent need that is beyond the scope of any one organization or sector."
According to the NIH, under the new agreement, drug companies will retain ownership of their compounds, and their research partners retain intellectual property rights and the rights to publish the research. At the time the contract is negotiated, the drug company and the investigator determine how the profits will be divided.
Pfizer was the first drug company to sign on.
"We have these wonderful molecules that have all the properties to be clinical research tools," Rod MacKenzie, group senior vice president, head of Pfizer PharmaTherapeutics Research and Development said. "The great hope that we have is having invested in these molecules already we may be able to connect with the great ideas and take these drugs all the way to market."
Collins calls the program a "win, win, win" - for investors, pharmaceutical companies and for patients. "I'm hoping out of this comes real advances for people who are waiting for us to come up with answers."
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