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Dr. David Fajgenbaum

๐Ÿ‘ค Speaker
1737 total appearances

Appearances Over Time

Podcast Appearances

Radiolab
The Medical Matchmaking Machine

The rarer the disease, the more expensive the drug.

Radiolab
The Medical Matchmaking Machine

There's all these factors that affect how expensive the drug is going to be.

Radiolab
The Medical Matchmaking Machine

And if you're a drug company, you have to maximize your profit.

Radiolab
The Medical Matchmaking Machine

So you need to come up with the โ€“

Radiolab
The Medical Matchmaking Machine

highest price for the highest number of people.

Radiolab
The Medical Matchmaking Machine

But it might be that a low number of people at a higher price is better than a high number of people at a lower price.

Radiolab
The Medical Matchmaking Machine

And so you can imagine it gets really complicated really quickly.

Radiolab
The Medical Matchmaking Machine

And it's all about the first disease you get your approval in.

Radiolab
The Medical Matchmaking Machine

So companies have to be really thoughtful and strategic to maximize their profits about what their first approval is.

Radiolab
The Medical Matchmaking Machine

Once they get that first approval, now they have to remember that they can't change the price for the next disease.

Radiolab
The Medical Matchmaking Machine

And so this is this horrible economic issue, which is just so depressing because like on the other side of these economic issues are people suffering.

Radiolab
The Medical Matchmaking Machine

Yeah.

Radiolab
The Medical Matchmaking Machine

The next big milestone was early in the pandemic.

Radiolab
The Medical Matchmaking Machine

I was actually driving down to Raleigh, North Carolina, had my wife in the car and I'm listening to the radio about this pandemic.

Radiolab
The Medical Matchmaking Machine

And I'm sitting there thinking, you know.

Radiolab
The Medical Matchmaking Machine

gosh, this involves the immune becoming activated and causing all these problems.

Radiolab
The Medical Matchmaking Machine

And gosh, it's going to take us months or years to come up with new drugs.

Radiolab
The Medical Matchmaking Machine

I really wish there was a lab somewhere out there that was really good with inflammatory stuff and could repurpose drugs and could direct drugs at this thing.

Radiolab
The Medical Matchmaking Machine

And then I was like, oh, maybe we should do that.

Radiolab
The Medical Matchmaking Machine

And so we decided to create a program called the Corona Project, where basically we redirected my 15-member lab to focus specifically on COVID