The complexity of funding rare disease research: an IRDiRC assessment of the landscape

Lucia Monaco , Mary Catherine V. Letinturier , Naohiko Aketa , Dimitrios Athanassiou , Jida el Hajjar , Simon Frost , Alicia Granados , Anthony R. Haight , Anneliene H. Jonker , Susan R. Kahn , Sukhun Kang , Persefoni Kritikou , Christina Kyriakopoulou , Christopher McMaster , Samantha Parker , Daniel Scherman , Nivedita Valentine , Samuel Wiafe , Adam L. Hartman

Rare Disease and Orphan Drugs Journal ›› 2024, Vol. 3 ›› Issue (4) : 27

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Rare Disease and Orphan Drugs Journal ›› 2024, Vol. 3 ›› Issue (4) :27 DOI: 10.20517/rdodj.2024.18
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The complexity of funding rare disease research: an IRDiRC assessment of the landscape

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Abstract

The complexity of the funding landscape for rare diseases (RD) research is due to many factors. Each type of funder has strategic goals guiding its investments. The International Rare Diseases Research Consortium (IRDiRC) convened RD experts to explore contributing factors and investment principles in RD funding. This report includes the Task Force’s findings. Similar to IRDiRC’s previous work on motivating factors for company investments in RD research, the current Task Force found that return on investment (ROI) was a guiding principle. However, within the broader RD funding landscape, the definition of ROI varied between types of funders. While they shared funding requirements (e.g., scientific quality, health economics), funders employed both major investment and venture-type instruments, demonstrating the ongoing need for flexibility in supporting RD funding. These observations warrant further analysis of the interactions and partnerships among all actors of RD research and the sustainability of RD research funding.

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Rare disease research funding / rare disease advocacy groups / rare disease regulatory issues / venture philanthropy / venture capital / public-private partnerships

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Lucia Monaco, Mary Catherine V. Letinturier, Naohiko Aketa, Dimitrios Athanassiou, Jida el Hajjar, Simon Frost, Alicia Granados, Anthony R. Haight, Anneliene H. Jonker, Susan R. Kahn, Sukhun Kang, Persefoni Kritikou, Christina Kyriakopoulou, Christopher McMaster, Samantha Parker, Daniel Scherman, Nivedita Valentine, Samuel Wiafe, Adam L. Hartman. The complexity of funding rare disease research: an IRDiRC assessment of the landscape. Rare Disease and Orphan Drugs Journal, 2024, 3(4): 27 DOI:10.20517/rdodj.2024.18

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