Misalignments in 340B and Their Unintended Consequences with Bill Smith, PhD | VibeCast Episode 44

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.

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The key moments in this episode are:
00:00:06 - Introduction to Vibecast and Guest Background
00:06:16 - Impact of the Inflation Reduction Act
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 340 B 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.

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