Early phase cancer drug research faces significant funding shortages because it is traditionally viewed as high-risk, leading researchers to explore alternative funding strategies such as crowd sourcing to develop immunomodulatory drugs.
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How Funding Shortages Are Killing New Cancer Treatments #ClinicalTrials #MedicalNewsAdded:
This is a very, very, very difficult time to be looking for funding. Early phase research funding is classically seen as risky and no one wants to take a risk in this market. So, there really isn't funding out there, which is leading us to start thinking about possibly doing crowd sourcing or something like that. If you happen to have any ideas for ways that we could be looking for funding to develop actual immunomodulatory drugs, please let us know because we could use some more creativity. My creativity is great about drugs, not so great about financing.
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