Cancer megafunds with $\textit{in silico}$ and $\textit{in vitro}$ validation: Accelerating cancer drug discovery $\textit{via}$ financial engineering without financial crisis

Xianjin Yang, Edouard Debonneuil, Alex Zhavoronkov, Bud Mishra

Research output: Contribution to journalArticlepeer-review

7 Scopus citations

Abstract

Advances in financial engineering are radically reshaping the biomedical marketplace. For instance, new methods of pooling diversified drug development programs by placing them in a special purpose vehicle (SPV) have been proposed to create a securitized cancer megafund allowing for debt and equity participation. In this study, we perform theoretical and numerical simulations that highlight the role of empirical validation of the projects comprising a cancer megafund. We quantify the degree to which the deliberately designed structure of derivatives and investments is key to its liquidity. Research megafunds with comprehensive in silico and laboratory validation protocols and ability to issue both debt, and equity as well as hybrid financial products may enable conservative investors including pension funds and sovereign government funds to profit from unique securitization opportunities. Thus, while hedging investor's longevity risk, such well-validated megafunds will contribute to health, well being and longevity of the global population.
Original languageEnglish (US)
Pages (from-to)57671-57678
Number of pages8
JournalOncotarget
Volume7
Issue number36
DOIs
StatePublished - Jun 3 2016

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