Program Related Investments: Final Regulations

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Program Related Investments: Final Regulations

The newly added examples involve domestic and international programs for combating environmental deterioration, promoting the arts, providing relief to the poor, educating poor farmers in a developing county, supporting commercial employers in disaster areas, providing microloans to poor individuals in developing countries, constructing a child care facility in a low-income neighborhood, and furthering “orphan drug” research and development (e.g., finding a vaccine to prevent a disease that predominantly affects the poor in developing countries).

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via lexology.com

Repurposing Social Impact Bonds for Medicine

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Repurposing Social Impact Bonds for Medicine

In the case of generic drug repurposing research, the return on investment could come from some of the healthcare savings that the repurposed drug’s use would generate. In fact, it is likely that such healthcare savings would be greater than the amount needed to repay SIB investors, meaning that the amount of money saved by citizens and governments also would be significant. These financial benefits and improved health outcomes, in turn, could encourage governments, which usually do not fund generic drug repurposing trials, to support more such research.

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via ssir.org