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In this episode, VibeCast host Ray Dogum speaks with William Smith, PhD, Senior Fellow of Pioneer Institute, about the 340B Drug Program and its challenges. --------------------------------------------------
Key moments: 00:00:06 - Intro 00:06:16 - Impact of the Inflation Reduction Act (IRA) 00:10:19 - Orphan Cures Act and its Implications 00:13:19 - 340B Drug Program and its Challenges 00:13:32 - Tie-in to "Rationing Medicine" Book 00:14:53 - Issues with the 340B program 00:15:33 - Transparency and Reform 00:17:57 - The Quality Metric 00:20:53 - Single Payer System and Innovation 00:23:50 - Future of Biopharma Guest Bio: Dr. William S. Smith is Senior Fellow & Director of Pioneer Life Sciences Initiative. Bill has 25 years of experience in government and in corporate roles. His career includes senior staff positions for the Republican House leadership on Capitol Hill, the White House Office of National Drug Control Policy, and the Massachusetts Governor’s office where he served under Governors Weld and Cellucci. He spent ten years at Pfizer Inc as Vice President of Public Affairs and Policy where he was responsible for Pfizer’s corporate strategies for the U.S. policy environment. He later served as a consultant to major pharmaceutical, biotechnology and medical device companies. Dr. Smith earned his PhD in political science with distinction at The Catholic University of America Guest Links: Linkedin: https://www.linkedin.com/in/william-smith-phd-54628b18/ Pioneer Institute Website: ttps://pioneerinstitute.org Rationing Medicine Book: https://pioneerinstitute.org/pioneer-research/life-sciences-pioneer-research/new-book-highlights-the-negative-impacts-of-controversial-qaly-value-assessment-framework-on-patient-access-affordability/. About VibeCast VibeCast is our weekly informational podcast and content series exploring the hottest topics in drug development and Web3 with some of the dynamic people that make up the Vibe community. VibeCast is a collection of long-form and short-form video content intended to help our community learn about the current opportunities and challenges in biotech fundraising and community engagement innovation. Guests include biotech founders, regulatory experts, drug development executives, blockchain technologists, web3 community builders, patient community advocates, and many other Vibe Bio community members seeking to accelerate the development of breakthrough treatments. Follow Vibe Bio's Socials: https://twitter.com/VibeBio https://www.linkedin.com/company/vibe-bio/ https://www.instagram.com/vibebiotechnology/ https://www.tiktok.com/@vibebio https://www.facebook.com/VibeBiotechnology/ Disclaimer: VibeCast is intended to be used for educational and entertainment purposes, and no information or opinions shared constitute advice or services. While guests are invited to listen, listeners acknowledge they are not being provided professional advice from the podcast or the guests. The podcast is for private non-commercial use and the statements of our guests reflect their personal views only and do not necessarily reflect the views or positions of any agency, organization, or company that they work for or are affiliated with.
