
Lucas Böttcher
Assistant Professor
Frankfurt School of Finance and Management Continue Reading Lucas Böttcher
A Refunding Scheme to Incentivize Narrow-Spectrum Antibiotic Development.
The rapid rise of antibiotic resistance is a serious threat to global public health. The situation is exacerbated by the "antibiotics dilemma": Developing narrow-spectrum antibiotics against resistant bacteria is most beneficial for society, but least attractive for companies, since their usage and sales volumes are more limited than for broad-spectrum drugs. After developing a general mathematical framework for the study of antibiotic resistance dynamics with an arbitrary number of antibiotics, we identify efficient treatment protocols. Then, we introduce a market-based refunding scheme that incentivizes pharmaceutical companies to develop new antibiotics against resistant bacteria and, in particular, narrow-spectrum antibiotics that target specific bacterial strains. We illustrate how such a refunding scheme can solve the antibiotics dilemma and cope with various sources of uncertainty that impede antibiotic R &D. Finally, connecting our refunding approach to the recently established Antimicrobial Resistance (AMR) Action Fund, we discuss how our proposed incentivization scheme could be financed.
Bulletin of mathematical biology

Assistant Professor
Frankfurt School of Finance and Management Continue Reading Lucas Böttcher