Danny Jones
๐ค SpeakerAppearances Over Time
Podcast Appearances
And that's the other- Where's all that money go?
So I had the privilege of testifying in front of the Senate and I broke down the broken healthcare system and I gave my lens as an entrepreneur in healthcare.
And one of the things I said to them is, there's this famous speech from Eisenhower where he talks about the military industrial complex that everyone knows about.
And he warned the American people of what would happen if we allow the military industrial complex to infiltrate and control our government and our three-letter alphabet organizations and our institutions.
There's a second half to that speech that nobody ever fucking talks about where he warned what would happen if we allow our healthcare institutions and our scientific communities to be infiltrated and controlled by private industry.
And this is what's happened.
Who funds all of the major universities?
Who funds most of the researches of PhDs?
Who funds most of these things?
It's the big pharmaceutical companies.
Who has the most to gain by making it difficult to bring a drug all the way to market?
It's the big pharmaceutical companies.
So let me give an example of, let's just say a peptide theoretically.
if I'm a big pharmaceutical company, you're gonna have a very difficult time as a biotech or healthcare startup bringing a drug all the way to market without running out of capital.
So inevitably most drugs get captured by one of the big five pharmaceutical companies before they ever come to market.
And then they monetize it, bundle it up, get it through the FDA and we're off to the races.
They already have all the infinite amounts of money.
And so your clinician is intimately familiar with what they can have covered.
And so I can break that like in orthopedic surgery to this day, most orthopedic surgeons go, you can't get stem cells in North America.
You can, it's just not FDA approved.