Crowdfunding might catapult promising cancer drugs into clinical trials, but can it reduce the cost of getting them to market?
The days of the middle-man are numbered. You can borrow money from peer-to-peer lenders such as Zopa without the bloated intervention of banks; read the news without the patronising control of newspaper editors; and now, through crowdfunding, you can bypass the opaque institutions that control the financing of cancer research and direct world-class medical work.
I first came across the anti-cancer work of Professor Magnus Essand and Dr Justyna Leja by stalking them, on the internet. Five years ago, my co-writer and best friend, the biographer Dido Davies, developed pancreatic neuroendocrine cancer or ‘Steve Jobs Disease’. She had to endure eight hours of gruelling chemotherapy every 21 days, and after sitting with her in the hospital I would come home and scour the web for new treatments.
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