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Milestones awards
JessicaYoon
Posts: 54 XPRIZE
We are considering milestone awards at the ends of Round A (for teams that qualify to register their clinical trails) and Round B (for teams that qualify to conduct their clinical trials; learn more about the phases of the competition here).
Round A milestone awards might go to cover the expenses of submitting a proposal to the FDA or equivalent regulatory body.
Round B milestone awards might go to cover the expenses of the clinical trial.
Do you think such milestone awards are needed? Are there other milestone awards we should consider? How big should these awards be?
Round A milestone awards might go to cover the expenses of submitting a proposal to the FDA or equivalent regulatory body.
Round B milestone awards might go to cover the expenses of the clinical trial.
Do you think such milestone awards are needed? Are there other milestone awards we should consider? How big should these awards be?
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We're considering milestone awards for teams that a) qualify to register their clinical trials, and b) quality to have their trials carried out.
Does that seem appropriate to you? How big should such awards be? Are there other milestone awards we should consider?
Also check out the proposed rounds of the competition here.
Once teams competing in an age reversal XPRIZE have qualified to register their clinical trial, and then to carry out their trial, how much money should we give them in the form of milestone awards to ensure everyone can participate in the competition?
Since we want the prize to be more open-ended, with teams possibly registering one or several years into the competition, teams won't be progressing at a similar pace.
Instead, we're thinking of milestone awards for teams that are the first to get their clinical trials approved in a certain category.
For example: gene therapy, or epigenetic reprogramming, or stem cells, or repurposed drugs.
An additional benefit would be that each milestone award could be funded by a different sponsor. A company that has an interest in gene therapy could sponsor a, say, $1 million gene-therapy milestone award. An individual with a particular interest in epigenetic reprogramming could sponsor a $500,000 milestone award in that category.
Our questions for you:
Other thoughts are welcome too! @goya, @markjayct, @pscheck, @danbelsky, @mario_perez, @Umbertog, @amoskalev, @Wally, please let us know what you think!
Those treatments that target the primary hallmarks of aging (genomic instability, telomere shortening, epigenetic alterations & loss of proteostasis) need to have a higher priority than drugs that target some downstream effects (e.g. metformin). That's my feeling.
p.s. I'm biased with reversing telomere shortening as the best candidate which influences the other primary hallmarks.
@Muslim_Chechenov, @Longevity_Analytics, @GuyBahat, @mharte, @CraigM, @dave, and @sruiz, I'd love to get your perspective on this from an investor/fundraising perspective. We're thinking different milestone awards could be funded by different sponsors. For example, an investment fund with a particular interest in gene therapy could fund a $1 million gene therapy milestone award. A pharma company with an interest in repurposed drugs could fund a $500,000 milestone award. Etc.
Do you like that idea?
Which companies, organizations, and individuals do you think may be interested in funding such milestone awards?
Categories could include:
Sorry, maybe I'm saying something wrong since I had no time to understand all aspects of the competition. But I think one important milestone would be to demonstrate lifespan of mice considerably exceeding the normal lifespan.
Didier
https://www.cnio.es/en/news/publications/paved-the-way-for-future-gene-therapy-pulmonary-fibrosis-associated-with-ageing/
One injection was enough for the proof of concept. I guess if they had more injections the lifespan would have increased more.
They're focusing on age-related diseases because you can't just do clinical trials for reversing aging. Once you understand aging though, it's possible to intervene in those diseases.