Crowd Funded Cures
Crowd Funded Cures (CFC) is an initiative of the Medical Prize Charitable Trust, a registered NZ charity incorporated under the Charitable Trusts Act 1957 (NZ) and having Charity No. CC49977. It was founded by Savva Kerdemelidis in 2013, who is an IP/Commercial/Crypto Legal Consultant and NZ/AU Patent and Trade Mark Attorney. Savva’s partner and family members at the time were being affected by chronic and deadly illnesses, and he was concerned by how otherwise viable medical therapies were not getting funding for clinical trials due to pharma industry’s reliance on the patent system for recovering their R&D expenditure.