JOURNAL ARTICLE

Orphan drug legislation: lessons for neglected tropical diseases

Stefano VillaAmelia CompagniMichael R. Reich

Year: 2008 Journal:   The International Journal of Health Planning and Management Vol: 24 (1)Pages: 27-42   Publisher: Wiley

Abstract

Abstract In the last 20 years, orphan drug legislation (ODL) has been adopted in several countries around the world (USA, Japan, Australia, and the European Union) and has successfully promoted R&D investments to develop new pharmaceutical products for the treatment of rare diseases. Without these incentives, many life‐saving new drugs would have not been developed and produced. For economic reasons, the development of medicines for the treatment of diseases prevalent in the developing world (or tropical diseases) is lagging behind. Among several factors, the low average per‐capita income makes pharmaceutical markets in developing countries appear relatively unprofitable and therefore unattractive for R&D‐oriented companies. The case of ODL may offer some useful insights and perspectives for the fight against neglected tropical diseases. First, the measures used in ODL may also be effective in boosting R&D for neglected tropical diseases, if appropriately adapted to this market. Second, small‐sized companies, which have played a successful role in the development of orphan drugs for rare diseases, may also represent a good business strategy for the case of tropical diseases. Copyright © 2008 John Wiley & Sons, Ltd.

Keywords:
Orphan drug Legislation Developing country Business Incentive Lagging European union Neglected tropical diseases Development economics Economic growth Medicine International trade Economics Political science Disease Biology Market economy

Metrics

59
Cited By
9.25
FWCI (Field Weighted Citation Impact)
31
Refs
0.98
Citation Normalized Percentile
Is in top 1%
Is in top 10%

Citation History

Topics

Pharmaceutical Economics and Policy
Social Sciences →  Economics, Econometrics and Finance →  Economics and Econometrics
Biotechnology and Related Fields
Health Sciences →  Medicine →  Public Health, Environmental and Occupational Health
Intellectual Property and Patents
Social Sciences →  Business, Management and Accounting →  Management of Technology and Innovation

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