Smash Notes

Back to COVID-19 Political, Economic & Social Ramifications.

What's Wrong With American Drug Development

We have a policy to "do no harm," but instead we should be aiming to "do more good." For example, we could use a drug that might kill 2% of the people that take it, but 80% of the people who were otherwise going to die, would not live. That's a much better outcome, but we can't do it right now due to regulations.

We have the science and the manufacturing capacity to do it, but regulatory hurdles in America are preventing scientists from actually doing it. As a result, people do not have a choice to decide whether they want to use a certain drug or not.

Even Remdesivir, the drug that seems to be helping with Covid-19 and does not have any mortality associated with it, people cannot simply get it at the hospital.

Transcript

COVID-19 Political, Economic & Social Ramifications ·

All-In

More from this episode

  1. How Did Restaurant Bookings Measure Social Isolation?OpenTable data shows that cities that took social isolation seriously are showing a large drop in restaurant reservations, which could be an indicator that…
  2. What Is Wrong With Our Covid-19 Response StrategyIt seems that a response to a massive pandemic should come from the federal level.
  3. Is the Anti-science Reaction New, According to David Friedberg?On All-In, David Friedberg said anti-science talk is old.
  4. What Are We Missing With Testing for the Coronavirus DiseaseTesting that is currently done on the patients is only focused on verifying if an active patient is infected with the SARS-CoV-2 virus.
  5. Will Coronavirus Be the End of Trump's PresidencyAccording to Chamath, now that Trump tapped into the private sector to help combat this virus, their success and failure is intertwined.
  6. Why Is Media So Completely Inaccurate TodayConsumers consume what they want, and the media that provides the best fitting product is the media that wins.
  7. Do We Have Any Miracle Drugs to Treat CoronavirusThere is a trial on the way to verify whether Remdesivir drug might an early intervention solution. Patient given this drug in Seattle recovered within a day.
  8. Why Is Italy Having Such a Hard Time With CoronavirusStatistically, age of the population, smoking, and access to care seems to be the three key risk factors for this virus.
  9. What Is Herd Immunity and Why Is It ImportantOnce enough people have gotten exposed to the virus and survived, they now have antibodies and are no long able to transmit the virus to other people.
  10. How Is Facebook Similar to the CoronavirusGiven Facebook's viral coefficient of 7, where for every one user joining Facebook there will be 7 more who join as well, Facebook is a great example of a…
  11. Why Are We All Hiding From the CoronavirusIf the objective is to minimize the number of people that die from this particular virus, the correct decision is to remain isolated.
  12. What Can We Do to Improve Our Response to Viral Diseases of the Future(1) Implement emergency protocols that removes bureaucratic guidelines and enable widespread testing.
  13. What Are the Unintended Consequences of Coronavirus Lockdown"More people will die because of the second and third order effects of coronavirus." ~ Chamath.
  14. Why Is the Stock Market Crashing Due to the VirusAs Chamath explains, most of the stock market participates today are playing with borrowed money, and everyone is happy to do it, as long as there is little…
  15. What Is Next for Startups and Venture CapitalThe most important thing in business is to not go out of business. The next couple of months are going to be unpredictable.

People

More answers like this

More with Chamath Palihapitiya

More with Jason Calacanis

Related episodes

Plays from this note through the rest of the episode.

Weekly highlights

One letter a week.

The notes worth hearing, with the minute they were said.