| I think one of the major turning points in the future will be to trigger a "space race" which makes a grand project of developing substantive improvements to medical care and quality of life. There have been significant improvements here motivated by e.g. battlefield medicine, and great results out of academic or humanitarian labs, but much of our current work is stuck in a loop between patents and the FDA approval process. Good intentions aside, the system acts to motivate certain patterns of action in order to stay profitable and continue growing year-to-year which aren't optimal for our long-range interests. How one would go about motivating such a grand project - I have no idea. Perhaps it's a matter of continuing to make such small improvements as we can until the system is primed for one giant leap. The road of progress was never a well-paved or straight one except in hindsight. I think that small teams and open sharing of knowledge are both key ingredients. The amount of resources currently in play in medicine is staggering, but social systems tend to lose efficiency very quickly as they scale. Perhaps startup culture will be a key piece in making this happen, but the timescales involved in speculative medical research tend to be beyond the scope of the typical VC-backed endeavor. |
But the commercialization process sure sucks. Testing and verifying a drug is expensive, long and complex. But there seem to be some work going to improve that:
1. The FDA is becoming a bit more friendly[1]. 2. There are some new innovations in how to run clinical trials. One example is [2].They claim they might bring drugs 1-3 years faster to market. 3. Organs on a chip are starting to become available and this might be more accurate than the mouse models used today.
Since some of the new innovations in clinical trials do use web/mobile technology, i wonder what role startups can take in this area.
[1]http://www.xconomy.com/national/2012/09/10/the-fda-turns-fri... [2]http://disruptiveinnovationsinclinicaltrials.blogspot.co.il/...