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What will the crowd fund? Preferences of prospective donors for drug development fundraising campaigns.

Authors :
Dragojlovic N
Lynd LD
Source :
Drug discovery today [Drug Discov Today] 2016 Dec; Vol. 21 (12), pp. 1863-1868. Date of Electronic Publication: 2016 Jul 12.
Publication Year :
2016

Abstract

Biomedical researchers are increasingly turning to project-based online fundraising (i.e., crowdfunding) as a complementary source of research funding. To help inform the fundraising strategies adopted by researchers who take this approach, we conducted an online survey of prospective donors in North America. Respondents indicated not only an overwhelming preference for donating to projects conducted by nonprofit research organizations, but also an openness to donating to companies that have a 'for-benefit' corporate structure. They also showed a strong preference for projects that have alternate sources of funding, that have the potential to yield a curative therapy, and that focus on common and pediatric diseases.<br /> (Copyright © 2016 Elsevier Ltd. All rights reserved.)

Details

Language :
English
ISSN :
1878-5832
Volume :
21
Issue :
12
Database :
MEDLINE
Journal :
Drug discovery today
Publication Type :
Academic Journal
Accession number :
27422268
Full Text :
https://doi.org/10.1016/j.drudis.2016.07.002