Four years ago, Todd Rider was on top of the world. The MIT-trained bioengineer had developed a radical idea for killing viruses. Initial test results showed that his therapy, called DRACO, could kill every virus he threw it at: 15 viruses were killed in human cells, and two in mice.
It seemed like there was a chance it could be the biggest discovery in medicine since the invention of antibiotics. Glowing headlines praised the potentially world-changing panacea. "Todd Rider Has a Kill Switch for Viruses," wrote Bloomberg BusinessWeek. The Verge: "Killing sickness: is DRACO a doomsday device for viruses?" Time magazine declared it one of the top 50 inventions of the year.
Yet over the next few years, things started going wrong. Rider moved from lab to lab and says he couldn't raise the money to continue testing DRACO, despite, he claims, the continued promise of the concept.
After working on his invention for 16 years, he's found himself in what he calls "the funding valley of death," too far along to get money from those who supported his preliminary studies and too far from market to get Big Pharma's backing.
With DRACO on the brink of becoming one of many potentially — potentially! — transformative breakthroughs that never pass the "good idea" phase, Rider has turned to the internet for help.
He launched an Indiegogo campaign on October 13 to raise $100,000, enough to restart his work, though just a fraction of what he truly needs. But after two months, he was only halfway there, so the campaign was recently extended.
It's impossible to know at this early stage if DRACO can do everything that Rider hopes it will — whether it will really be able to seek and destroy a wide variety of viruses inside a sick person.
And now we may never find out.
Here's the story of Todd Rider's journey to try to create a true cure-all for the often deadly viruses that pose an enormous, ongoing threat to millions of lives.
http://www.techinsider.io/todd-rider-draco-crowdfunding-broad-spectrum-antiviral-2015-12
It seemed like there was a chance it could be the biggest discovery in medicine since the invention of antibiotics. Glowing headlines praised the potentially world-changing panacea. "Todd Rider Has a Kill Switch for Viruses," wrote Bloomberg BusinessWeek. The Verge: "Killing sickness: is DRACO a doomsday device for viruses?" Time magazine declared it one of the top 50 inventions of the year.
Yet over the next few years, things started going wrong. Rider moved from lab to lab and says he couldn't raise the money to continue testing DRACO, despite, he claims, the continued promise of the concept.
After working on his invention for 16 years, he's found himself in what he calls "the funding valley of death," too far along to get money from those who supported his preliminary studies and too far from market to get Big Pharma's backing.
With DRACO on the brink of becoming one of many potentially — potentially! — transformative breakthroughs that never pass the "good idea" phase, Rider has turned to the internet for help.
He launched an Indiegogo campaign on October 13 to raise $100,000, enough to restart his work, though just a fraction of what he truly needs. But after two months, he was only halfway there, so the campaign was recently extended.
It's impossible to know at this early stage if DRACO can do everything that Rider hopes it will — whether it will really be able to seek and destroy a wide variety of viruses inside a sick person.
And now we may never find out.
Here's the story of Todd Rider's journey to try to create a true cure-all for the often deadly viruses that pose an enormous, ongoing threat to millions of lives.
http://www.techinsider.io/todd-rider-draco-crowdfunding-broad-spectrum-antiviral-2015-12