Analyzing Structural Inefficiencies in Public-Private Partnerships as Collaborative Drug Development Models
Program: Applied Biotechnology Master's Degree — Business Management
Host Company: Gilgmesh
Location: New York, New York (remote)
Student: Joseph Klecker
The objective of this project was to first examine why public private partnerships (PPPs) often fail to meet expected timelines and outcomes. The project then analyzed the Texas Ibogaine Initiative in detail to identify areas where it could fall short of its intended goals and timelines. Guided by this research, as well as interviews with industry professionals from diverse areas of expertise, amendments were proposed to increase the likelihood that this PPP would achieve its intended goals. Although the proposed amendments are specific to the Texas Ibogaine Initiative, the rationale behind them can be applied broadly to public-private partnerships.