
G. Steven Burrill (Burrill & Company) - An Entrepreneurial Perspective on the Life Sciences Industry
Entrepreneurial Thought Leaders (ETL)
00:00
The Next Billion Come From?
In the life sciences world, no product in our world will ever see that customer till a regulator says yes. We choose to say we're finding a way to treat something today that historically hasn't been treated and therefore the system is going to have a net cost increase, not a net cost decrease. And so you'd love to come into markets where the cost and benefit of your product is all in the same direction. Now hopefully over time we can bring the cost of healthcare down. But if I use a simple story and take AIDS, for example, 25 years ago, if I had AIDS in San Francisco, I was dead in two or three years. Today we have nucleoside analog
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