Word: licensees
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When the Gates Foundation agreed to fund Edwards’ project, it stipulated that Harvard would have to license the technology to MEND and that Harvard could not take royalties from MEND’s sales to the developing world, Kohlberg says.
A 1980 law enabled institutions such as Harvard to license their federally funded discoveries to private companies. Before then, federally funded researchers could not file patents on their work.
But the license agreement does not contain a provision ensuring that developing-world HIV patients will have access to the drug, according to Universities Allied for Essential Medicines, an activist group with chapters at 32 campuses, including Harvard.
License agreements are just one of the obstacles preventing drugs from reaching the most desperate places. Humanitarian-aid workers still face the challenge of transporting the drugs—and in many cases, such as the BCG vaccine, that task that involves bringing refrigerated fluids to areas without electricity.
For most people in the corporate world, the Caribbean is the perfect spot for that next much needed vacation. Irish entrepreneur Denis O'Brien, however, eyed the island nations and saw just one thing: customers. In 2001, O'Brien had a bit of cash burning a hole in his pocket...