Seeker Spotlight: Prize4Life
Earlier this week we announced that Prize4Life had awarded 2 InnoCentive Solvers for their efforts toward finding a biomarker for ALS. Prize4Life also announced that they would be reposting the Challenge in May, in honor of the organization’s third anniversary. I asked Melanie Leitner, Ph.D., Chief Scientific Officer from Prize4Life to talk to us about this Challenge, the submissions they received and their hopes for relaunching the Challenge.
Thanks for talking with us today, Melanie. Can you tell us why you decided to post this Challenge on InnoCentive’s Marketplace? How optimistic were you that you would find a solution?
When we first developed the Biomarker Prize in 2006, we wanted a way to draw in a broad, diverse, and international pool of competing teams. As a brand new, very small organization just establishing itself, we did not have the capacity to conduct the kind of marketing and outreach campaign necessary to reach the audience we were looking to attract. We were looking for a partner with established expertise and existing international networks in the open innovation domain. InnoCentive was an attractive partner for us, particularly given their large pool of international solvers. We also saw that InnoCentive shared many of Prize4Life goals and values, including wanting to change the world (but being agnostic as to where these new world-changing solutions might come from) and especially being international in focus. We knew that posting a $1 million prize, the largest prize ever posted on InnoCentive, would benefit the great work that both organizations were doing.
When our Scientific Advisory Board first set a 2-year deadline for this prize, we knew it was very ambitious. After all, it often takes 2 years just to get an NIH grant, and in the same period of time, we were asking researchers to come up with a novel idea, find funding, conduct a patient-based study (with all the regulatory hurdles that entails), and provide us with validated results. Still, we needed to balance these realities with the realities of ALS: most patients die within 2-5 years of diagnosis, and there is currently only one FDA-approved ALS drug on the market, so the need for an ALS biomarker of disease progression was urgent. We knew we were setting a very high bar, but we also knew that if we handled this prize well, we could accelerate research on a very targeted issue. Our Scientific Advisory Board (SAB) believed that even though we were setting a very high bar, there was a reasonable likelihood that it could be met in 2 years and given the urgency of the need it was worth taking the risk.
Your Challenge was to find a biomarker for ALS – why did you decide to pay an award if the Challenge hasn’t been solved?




