Print this page    •   Back to Web version of article

Commentary & Opinion
Can Crowdfunding Be Used Effectively to Advance HIV Vaccine Research?

December 21, 2012

"What will the next great leap forward be, and how can we make sure it gets tested ASAP?" Zachary Barnett, founder and executive director of Abzyme Research Foundation/ENDHIV.com, asks about HIV research in the Huffington Post's "Gay Voices" blog. "International sales of antiretrovirals in 2011 were over $15 billion, while commercial reinvestment into the testing of therapeutic vaccine and cure approaches was just $30 million, or just 0.2 percent," he notes, adding, "So it appears we need more ways to get money flowing into new cure and therapeutic vaccine research."

"The last five years have shown the incredible power of crowdfunding to mobilize projects from underground parks in NYC to documentaries on war crimes in Central Africa," Barnett continues. "Under the guidance of my board at the Abzyme Research Foundation, I launched a crowdfund to start a new therapeutic vaccine on the FDA approval process on Dec. 1. In two weeks we have raised 50 percent of our initial goal, and I believe the project is attractive to donors," he writes. "Regardless of whether you think this effort has the potential to change the course of HIV/AIDS, it is essential to keep considering what has that potential, and then identify how you can offer your support," he concludes (12/20).

Back to other news for December 2012


This information was reprinted from kff.org with permission from the Henry J. Kaiser Family Foundation. You can view the entire Kaiser Daily Global Health Policy Report, search the archives, and sign up for email delivery. © Henry J. Kaiser Family Foundation. All rights reserved.




This article was provided by Henry J. Kaiser Family Foundation. It is a part of the publication Kaiser Daily Global Health Policy Report. You can find this article online by typing this address into your Web browser:
http://www.thebody.com/content/70133/can-crowdfunding-be-used-effectively-to-advance-hi.html

General Disclaimer: TheBody.com is designed for educational purposes only and is not engaged in rendering medical advice or professional services. The information provided through TheBody.com should not be used for diagnosing or treating a health problem or a disease. It is not a substitute for professional care. If you have or suspect you may have a health problem, consult your health care provider.