Millions of lives could be saved if drug companies weren’t limited by a patent model that dates back to the 15th century [1]. The problem is that when the patent on a drug runs out, drug prices plummet, creating a ...
Social Impact Bonds are novel new financial models that connect private investors with larger funding sources like governments. This model allows risk-tolerant investors to provide money up-front to fund programs targeting social issues in a way that only requires risk-averse ...