Why public support is key
Several people have asked why we are seeking public support for Vasalgel. Won't a pharmaceutical company or venture capitalist fund the whole thing? Well, big pharma hasn't invested much in male contraception for many reasons (for one, why cannibalize their profitable female contraceptives business?).
Plus, Parsemus Foundation is dedicated to making Vasalgel available at a low cost to as many people as possible. The Vasalgel project is set up as a social venture - where public access is the main motive, not making a killing. So this isn't the next Microsoft stock! While we're looking for philanthropic investments from foundations and high-net-worth individuals who share those goals, funds are tough in the early stages of development. Your help in keeping the project going the next 6-12 months is critical.
If you haven't donated yet, please consider a donation today - even standing up to be counted with a donation of $5 or $10 shows potential funders that the public is demanding better options for male contraception. So far, 413 people have contributed towards making the baboon study happen. We have $14,990 toward the $60,000 goal!
More questions? Check out our recently updated FAQ!