124: Can We Eliminate Cancer? The Medical Revolution - With Mike Milken, Chairman of the Milken Institute

Money Maze Podcast

Business, Investing, Management, News, Business News

4.8 • 216 Ratings

🗓️ 18 January 2024

⏱️ 80 minutes

🔗️ Recording | iTunes | RSS

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Summary

What if clearing out early stage cancers from your body could become as routine as going to your dentist, or what if a single vaccine could protect you against multiple viruses?

In this episode, we trace Mike Milken’s journey from developing and popularising high yield corporate bonds, to catalysing changes in the world of cancer, and addressing key unmet medical challenges.

Mike describes the centrality of medicine in powering economic growth. He describes the current priorities, progress, and the impact of tech and AI on medical advancements.

He sizes the costs of obesity, the role of prevention, the microbiome, and your gut. Furthermore he explains why data sits at the centre of achieving faster cures and shares the reasons that underpin this optimism.

The Money Maze Podcast is kindly sponsored by Schroders, Bremont Watches, LiveTrade and IFM Investors.

Transcript

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0:00.0	Five or six of the world's largest foundations today are all now medical foundations.
0:08.7	And the largest funder of medical research in the world are pharmaceutical and biotech companies.
0:14.9	The second is government, but the third now is foundations.
0:19.3	Welcome to the Money Maze Podcast.
0:21.5	I'm Simon Brewer, and Will Campion and I have created this show to explore and unravel
0:26.5	some of the mysteries surrounding the investment business.
0:29.6	You can keep up to date by visiting MoneyMayspodcast.com, and please sign up to our newsletter
0:34.6	to ensure you won't miss a release.
0:37.0	If you enjoy this show, please
0:38.5	subscribe and we'd love you to tell a friend or colleague about it. Thank you for listening.
0:44.0	What if clearing out early stage cancers from your body could become as routine as going to your
0:49.8	dentist, or a single vaccine could protect you against multiple viruses. Our guest today believes these
0:56.6	and other advances are within reach. The former FDA Commissioner and Director of the US National
1:02.9	Cancer Institute, Andrew Vos Eschenbach, has said about our guest today no one has done more
1:08.5	than him to advance the fight against serious diseases.
1:12.2	Fortune magazine described him as the man who has changed medicine.
1:16.6	Financier, innovator, investor, agent for change, immense philanthropist and the bearer of hope,
1:24.7	and now author of Faster Cures in the Future of Health and Chairman of the
1:29.4	Milken Institute, Michael Milken, welcome to the Money Mays podcast.
1:33.6	Simon, it's great to be with you today.
1:36.3	I am going to extract three facts from your book, which is jammed full of insights and anecdotes.
1:43.5	Number one, one third of all US presidents have lost
	...

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