Podknife - MM 2: The Shocking Truth Behind Declining Drug R&D Productivity with Dr. Jack Scannell by Beginner's Mind

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MM 2: The Shocking Truth Behind Declining Drug R&D Productivity with Dr. Jack Scannell

Podcast |: Beginner's Mind
Publisher |: Christian Soschner
Media Type |: audio
Podknife tags |: Business,; Entrepreneurship,; Interview,; Investing,; Technology
Categories Via RSS |: Business,; Entrepreneurship,; Investing,; Technology
Publication Date |: Mar 27, 2023
Episode Duration |: 00:13:36

In today's episode, we uncover the hidden crisis in the pharmaceutical industry as we explore the alarming state of R&D productivity. Our guest, Dr. Jack Scannell, is a renowned scientist and entrepreneur with extensive experience in both the biotech and investment fields. He shares his valuable insights into the concept of Eroom's Law, which reveals the inverse relationship between input efficiency and output efficiency in drug research and development.

Listen in as we discuss the challenges of measuring R&D productivity and how financial return and number of drugs approved per unit input serve as key indicators of productivity. Dr. Scannell helps us understand the reasons behind the decline in R&D productivity since the 1950s and the factors that have contributed the most to this concerning trend.

Don't miss this enlightening conversation that exposes the harsh reality of pharmaceutical R&D productivity, and be sure to share your thoughts and opinions by leaving a review or engaging with us on social media. We'd love to hear from you!

Stay informed on the latest developments in pharmaceutical R&D productivity and other pressing global challenges by subscribing to our podcast. Your support helps us continue to bring you thought-provoking discussions and expert insights.Link to full episode⏰ Timestamps00:00 Intro01:00 Jack Scannell Explains Eroom's Law💡 LINKS TO MORE CONTENTIf you like the episode, become a subscriber and support the show: https://lsg2g.substack.com/subscribe Watch on Youtube Jack Scannell Christian Soschner

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