• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Commentary

The coronavirus pandemic has shattered the status quo on drug development. We should build on that

By
E. Richard Gold
E. Richard Gold
Down Arrow Button Icon
By
E. Richard Gold
E. Richard Gold
Down Arrow Button Icon
March 26, 2020, 7:30 AM ET

If, like me, you need a mental break from the COVID-19 pandemic, let’s take an excursion to the future, when we emerge from it. Specifically, let’s think about how the world can build on this moment to develop a more open and effective drug discovery system: a system that will allow us to develop vaccines and treatments not only for future pandemics, but also for the pandemics of heart disease, cancer, and brain and nervous system diseases that already exist. 

What has been percolating for a while is that the global drug discovery system is increasingly unsustainable. U.S. consumers see this in significantly escalating prices for common drugs—such as insulin, EpiPens, and Humira—but the problem is much deeper. According to the U.S. Census Bureau, the government has been pouring money into all research, including medical research, at an exponential rate since the 1960s. This might have been acceptable if, in return, the outcome had been better drugs. But the trend is going in the opposite direction: New drugs produce on average either flat or declining additional benefit over their predecessors, according to a 2018 study on cancer drugs. In fact, a recent working paper by Stanford and MIT researchers found that the U.S. must double its investments every 13 years just to stay at the same level or, in some cases, fall behind.

Thankfully, there is reason to be optimistic that the world can improve the drug discovery system. Those studying the problem know the barriers to change: collective comfort with the status quo and the associated lack of flexibility. The COVID-19 pandemic shattered this status quo. In the face of this, scientists and governments turned to a new model of drug discovery: open science partnerships.

Open science—the free sharing of scientific research—has been a critical pillar of modern science since mid-16th-century Europe. It has lived symbiotically with more proprietary science, in which research over practical products remains controlled by a single inventor or firm. The key to this symbiosis is that the two systems—open and proprietary—remain in balance, according to Paul David, a Stanford economist. So while open science leads scientists to develop a fundamental understanding of biology and common tools and evidence, proprietary science permits individuals and firms to develop specific products based on that fundamental understanding.

There are many reasons for the current crisis in drug development, but one key reason is that proprietary science is increasingly encroaching into the domain of open science. Courts, universities, and firms extended patent law to cover the foundations of biology and the tools and methods that scientists use to understand our bodies. Universities, the former bastions of open science, adopted more proprietary approaches. Rather than sharing information, more and more knowledge is stuck in silos. Publications that used to be easily available are hidden behind paywalls, data balkanized, and the materials underlying research held tightly. Rather than complementing open science, proprietary science is consuming it.

The result of the imbalance between proprietary and open science is that ideas that generate new products and services are harder to develop. Getting into partnerships takes significantly longer, and the results flow more slowly to patients. 

All this is happening at exactly the wrong moment. Scientific questions are increasingly complex, requiring larger and more diverse partnerships, while training takes longer—the age of those winning their first grants from the National Institutes of Health increased from about 36 to 44 years between 1980 to 2011—as each new scientist is expected to absorb ever more knowledge. Scientists and pharmaceutical and biopharmaceutical firms need more sharing and more partnerships to fast-track discovery—but the roadblocks of proprietary science get in the way.

It is thus not surprising that scientists and governments quickly abandoned proprietary science when faced with the COVID-19 pandemic. They shared data, molecules, and genetic sequences as they were identified and worked together to develop diagnostic kits and repurpose existing drugs. Scientists did the same thing 30 years ago when the world came together in the Human Genome Project to sequence the entire human genome. Other open projects seek to cure malaria or protect the Linux core. More recently, the Structural Genomics Consortium—a partnership funded by governments, philanthropies, and international Big Pharma—has developed drug targets and drugs, and conducts clinical trials through its nonprofit spinout, M4K Pharma, without patents and with open sharing. It has created a drug discovery model that transfers drugs to the private sector with price caps to ensure access and availability. The Montreal Neurological Institute and Hospital followed suit, announcing in 2016 that it would be going open science. So far, however, these efforts are the exception, not the rule. 

It is time to change this. Open science partnerships play a critical role in drug development by de-risking innovation through cost sharing, leveraging financing, and bringing together actors with diverse skills, tools, materials, and knowledge. All stakeholders have a role in promoting these partnerships. This requires new forms of research grants targeting open science, increased corporate funding and participation, and changing university promotion and tenure rules to reward data and materials sharing. Researchers should also more actively share data, tools, and materials before publication, such as through e-lab books and regular data uploads. Establishing the adoption of open science standard form agreements would also reduce the time it takes to set up a partnership.

If all we do on exiting the pandemic is return to business as usual, we will have wasted this crisis. We need to make open science partnerships a central pillar in fighting not only the next global pandemic, but also the pandemics we already face.

E. Richard Gold is a professor in McGill University’s Faculty of Law and Faculty of Medicine. Follow him on Twitter.

More opinion in Fortune:

—Why the U.S. oil and natural gas industry doesn’t want tariffs right now
—Combating coronavirus starts with keeping health workers well
—6 steps to sustainably flatten the coronavirus curve
—States cannot fight coronavirus alone. The federal government must step up
—Listen to Leadership Next, a Fortune podcast examining the evolving role of CEO
—WATCH: CEO of Canada’s biggest bank on the keys to leading through the coronavirus

Listen to our audio briefing, Fortune 500 Daily

About the Author
By E. Richard Gold
See full bioRight Arrow Button Icon

Latest in Commentary

Julian Braithwaite is the Director General of the International Alliance for Responsible Drinking
CommentaryProductivity
Gen Z is drinking 20% less than Millennials. Productivity is rising. Coincidence? Not quite
By Julian BraithwaiteDecember 13, 2025
18 hours ago
carbon
Commentaryclimate change
Banking on carbon markets 2.0: why financial institutions should engage with carbon credits
By Usha Rao-MonariDecember 13, 2025
19 hours ago
Dr. Javier Cárdenas is the director of the Rockefeller Neuroscience Institute NeuroPerformance Innovation Center.
Commentaryconcussions
Fists, not football: There is no concussion protocol for domestic violence survivors
By Javier CárdenasDecember 12, 2025
2 days ago
Gary Locke is the former U.S. ambassador to China, U.S. secretary of commerce, and governor of Washington.
CommentaryChina
China is winning the biotech race. Patent reform is how we catch up
By Gary LockeDecember 12, 2025
2 days ago
millennial
CommentaryConsumer Spending
Meet the 2025 holiday white whale: the millennial dad spending $500+ per kid
By Phillip GoerickeDecember 12, 2025
2 days ago
Sarandos
CommentaryAntitrust
Netflix, Warner, Paramount and antitrust: Entertainment megadeal’s outcome must follow the evidence, not politics or fear of integration
By Satya MararDecember 12, 2025
2 days ago

Most Popular

placeholder alt text
Success
Apple cofounder Ronald Wayne sold his 10% stake for $800 in 1976—today it’d be worth up to $400 billion
By Preston ForeDecember 12, 2025
2 days ago
placeholder alt text
Economy
Tariffs are taxes and they were used to finance the federal government until the 1913 income tax. A top economist breaks it down
By Kent JonesDecember 12, 2025
2 days ago
placeholder alt text
Success
40% of Stanford undergrads receive disability accommodations—but it’s become a college-wide phenomenon as Gen Z try to succeed in the current climate
By Preston ForeDecember 12, 2025
2 days ago
placeholder alt text
Economy
The Fed just ‘Trump-proofed’ itself with a unanimous move to preempt a potential leadership shake-up
By Jason MaDecember 12, 2025
1 day ago
placeholder alt text
Success
Apple CEO Tim Cook out-earns the average American’s salary in just 7 hours—to put that into context, he could buy a new $439,000 home in just 2 days
By Emma BurleighDecember 12, 2025
2 days ago
placeholder alt text
Economy
For the first time since Trump’s tariff rollout, import tax revenue has fallen, threatening his lofty plans to slash the $38 trillion national debt
By Sasha RogelbergDecember 12, 2025
1 day ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.