Health
Penn researchers receive $ 750 million in royalties for groundbreaking vaccine development
Empty COVID-19 vaccine vial at Penn Booster Clinic on January 18, 2022. credit: Jesse Chan
Penn researchers receive $ 750 million in royalties for their work at the forefront of mRNA vaccine development, and the proceeds are used to expand scientific and medical research at the university.
Revenues fund, in particular, gene therapy, the early stages of scientific research in the process of replacing damaged or lost genes with new ones. Of the royalties earned, $ 350 million will be used for additional laboratory space. The preliminary construction plan details the expansion of the 7-story building of the 3600 Civic Center Blvd.
Federal law of 1980 allows Penn to use royalties from government-funded basic research only if it is returned to early scientific research. Said Philadelphia Inquirer.
Drew WeissmanProfessor of Vaccine Research at Perelman School of Medicine, and Kariko CatalinAssociate Professor and Senior Vice President of Neurosurgery BioNTechWas a pioneer in the innovative mRNA technology used in the COVID-19 vaccine. These methods were used to develop the first vaccine against the virus in 2020.Since then, over 12 million doses Administered In 184 countries.
According to the Centers for Disease Control and Prevention, MRNA manipulates cells to produce proteins that release immune responses, and when the actual disease enters the body, it produces antibodies. The use of this molecule enables their original goal of faster, safer and more effective vaccines. In comparison, traditional vaccines take years to create and test, and because they use live pathogens, they carry a small risk and are less effective.
In 2005, Wiseman and Kariko’s research First edition, They explained how mRNA can be used for therapeutic purposes. Immediately after, According to PentodayPfizer-BioNTech and modern The pen technology will be licensed and later incorporated into approximately 360 million COVID-19 vaccines administered throughout the United States.
For their work, they were awarded the 2022 Benjamin Franklin Medal in Life Sciences. Princess Asturias Award for Technical and Scientific ResearchAnd that Albany Medical Center Medical and Biomedical Research Awards.. In addition, Columbia University awarded them the Louisa Gross Horwitz Award.
“There was a lot of downtime, a lot of soul quests, a lot of elucidation of why things went wrong, but we lost hope because we saw the incredible potential of mRNA. There wasn’t. “Wiseman Told Bostonia..
The amount of pen license revenue from 2021 exceeds about $ 310 million each year, and the second largest year in 2019 is only $ 113 million.
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