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Potential business model for a European vaccine R&D infrastructure and its estimated socio-economic impact [version 1; peer review: 1 approved, 2 approved with reservations]

Authors :
Nicolas Collin
Donata Medaglini
Arjen Sloots
Maria Lawrenz
Jan A.M. Langermans
Roger Le Grand
Norbert Stockhofe-Zurwieden
Francesca Morelli
Fabrice Laurent
Frédéric Lantier
Alexandre Dobly
Dennis Christensen
Joaquim Segalés
H. M. Dockrell
Mei Mei Ho
Ole Olesen
Tom H.M. Ottenhoff
Frank A.W. Verreck
Stefan Jungbluth
Sven Arnouts
Manuel J. T. Carrondo
David Morrow
Fran Van Heuverswyn
Carlos A. Guzman
Anton Ussi
Monika Slezak
Hilde Depraetere
William Martin
Source :
F1000Research, Vol 12 (2023)
Publication Year :
2023
Publisher :
F1000 Research Ltd, 2023.

Abstract

Background Research infrastructures are facilities or resources that have proven fundamental for supporting scientific research and innovation. However, they are also known to be very expensive in their establishment, operation and maintenance. As by far the biggest share of these costs is always borne by public funders, there is a strong interest and indeed a necessity to develop alternative business models for such infrastructures that allow them to function in a more sustainable manner that is less dependent on public financing. Methods In this article, we describe a feasibility study we have undertaken to develop a potentially sustainable business model for a vaccine research and development (R&D) infrastructure. The model we have developed integrates two different types of business models that would provide the infrastructure with two different types of revenue streams which would facilitate its establishment and would be a measure of risk reduction. For the business model we are proposing, we have undertaken an ex ante impact assessment that estimates the expected impact for a vaccine R&D infrastructure based on the proposed models along three different dimensions: health, society and economy. Results Our impact assessment demonstrates that such a vaccine R&D infrastructure could achieve a very significant socio-economic impact, and so its establishment is therefore considered worthwhile pursuing. Conclusions The business model we have developed, the impact assessment and the overall process we have followed might also be of interest to other research infrastructure initiatives in the biomedical field.

Details

Language :
English
ISSN :
20461402
Volume :
12
Database :
Directory of Open Access Journals
Journal :
F1000Research
Publication Type :
Academic Journal
Accession number :
edsdoj.9b023d85cc924663a81aea22af5b7578
Document Type :
article
Full Text :
https://doi.org/10.12688/f1000research.141399.1