The Audio Long Read

Many life-saving drugs fail for lack of funding. But there’s a solution: desperate rich people

Apr 28, 2025
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Funding Gap Kills Drugs

  • Many promising drugs fail not due to inefficacy but lack of funding for further trials.
  • The "valley of death" describes the funding gap between discovery and late-stage clinical trials.
INSIGHT

Desperation Powers Funding

  • Desperation is a powerful financial motivator, stronger than greed or altruism.
  • Charging desperate rich patients to join trials offers a new, overlooked funding source.
ANECDOTE

Trial Funded, Lives Lost

  • Alexander Masters raised over £2 million from a wealthy patient to fund a trial for his dying friend.
  • Sadly, both the patient donor and the friend passed before the trial began.
Get the Snipd Podcast app to discover more snips from this episode
Get the app