Market Devices and the Assetization of Neglected Diseases
A Case Study of Leishmaniasis Drug Development
Bibliographic Data
| ID | 5363282 |
|---|---|
| Authors | Mady Malheiros Barbeitas (0000-0001-7015-4863, Centre de Recherche Médecine, Sciences, Santé, Santé Mentale, Société, corresponding author) |
| Year | 2025 |
| Volume | 50 |
| Issue | 6 |
| Pages | 1266-1290 |
| Publication date | 2025-06-12 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Science Technology & Human Values (JOURNAL) |
| Journal identifiers | ISSN: 0162-2439 • E-ISSN: 1552-8251 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/01622439251333913 |
| OpenAlex | W4411290679 |
| Language | EN |
| References cited | 24 |
This article examines the market devices designed to address the "market failure" surrounding neglected diseases, focusing on international drug-development activities for leishmaniasis. Using public-private partnerships and the US Food and Drug Administration's Priority Review Voucher as key examples, the article explores how these initiatives have transformed drug development for neglected diseases over time. By tracing the history of two drug candidates for leishmaniasis-miltefosine and Anfoleish-the analysis reveals how the market devices initially intended to de-risk drug development have been turned into financial assets, aligning with the profit-driven imperatives of large pharmaceutical companies. This process, known as assetization, is examined through a long-term perspective that highlights the interaction between global health actors, pharmaceutical firms, and regulatory frameworks. The case of leishmaniasis offers a nuanced understanding of how commercial interests have shaped the market for neglected diseases, despite efforts to make them less neglected
Drug · Drug development · Leishmaniasis · Political science · Innovation and Socioeconomic Development · Intellectual Property and Patents · Medicine · Pharmaceutical Economics and Policy · Immunology · Pharmacology
Policy Analysis
Introduction
Orphans in the Market
A survey on entrepreneurship and innovation
The failure of market failure
The theory of economic development – An inquiry into profits, capital, credit, interest, and the business cycle
Market Failures and Market Framings
The Pharmaceutical Commons
Rethinking Value in the Bio-economy
An Introduction to Market Devices
| Highly cited | No |
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