Friday, November 9, 2012

Crowdsourcing as a New Model for Research

Currently, ALS trials must include large numbers of patients to account for the enormous variance in the course of the disease progression within the ALS patient population, making these trials costly, slow and difficult to interpret. By making clinical trial data available to a global community of data scientists, researchers, and computer mavens, we are speeding up the process while driving down the costs of discovery, which is good news for both the scientific and patient communities we serve. Prize4Life’s mission is to accelerate the development of treatments for ALS using a prize-for-breakthrough model. The ALS Prediction Prize follows the success of the $1 million ALS Biomarker Prize4Life awarded earlier this year; both are examples of our organization successfully using crowdsourcing to encourage scientific and medical breakthroughs.

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