“A golden opportunity is frequently being missed due to lack of financial incentives to study old inexpensive generic drugs for new indications.” Although there is a renewed interest in repurposing generic drugs to treat rare and neglected diseases, researchers struggle to find benefactors to fund their endeavors. To combat this, Crowd Funded Cures suggests a solution novel to the field: pay for success contracts. This funding system is designed to entice investors to fund expensive and expansive randomised controlled trials in exchange for outcome payments following success. Read full article here
Technology
The First Solar-Powered Car Comes at a Hot Price
The Lightyear O is a revolutionary electric car powered by the sun. Developed by a Dutch startup, the four-door sedan has over 50 square feet of solar panels on its roof and hood, generating up to 43 miles of energy a day. With production now underway in Finland, the car does come with a hefty price tag at $262,000, but the company hopes to introduce a more affordable version, the Lightyear 2, by 2025. Read full article here