Law Commons^™

Pharmaceutical Public-Private Partnerships In The United States And Europe: Moving From The Bench To The Bedside, Constance E. Bagley, Christina D. Tvarno

Constance E. Bagley

Both to address unmet medical needs and to improve industry competitiveness, regulators in both the United States and the European Union have taken bold steps to translate academic research from the university lab to the patient. A pharmaceutical public-private partnership (PPPP), which is a legally binding contract between a private pharmaceutical enterprise and a public research university (or a private university doing research funded with public funds), can be a significant tool to ensure a more efficient payoff in the highly regulated world of pharmaceuticals. In particular, a properly framed binding contract, coupled with respect for positive social norms, can …