From Breakthrough to Blockbuster: The Business of Biotechnology (Guest: Donald L. Drakeman)
Download MP3In Episode 101 of Ill Literacy, Tim Benson talks with Donald L. Drakeman, co-author of “From Breakthrough to Blockbuster: The Business of Biotechnology.”
Heartland’s Tim Benson is joined by Donald L. Drakeman, Fellow in Operations and Technology Management at the Cambridge Judge Business School, Distinguished Research Professor in the Program on Constitutional Studies at the University of Notre Dame, and a Venture Partner at Advent Life Sciences, to discuss his new book (co-authored with Lisa Drakeman and Nektarios Oraiopoulos), From Breakthrough to Blockbuster: The Business of Biotechnology. They chat about how medical innovation happens, specifically how biotech companies have created 40 percent more of the most important treatments for previously unmet medical needs than the major pharmaceutical companies at a lower cost. Benson and Drakeman also discuss the crucial roles played by academic research, venture capital, contract research organizations, the capital markets, and the pharmaceutical companies in creating medical breakthroughs.
Creators and Guests
Host
Tim Benson
Ill Literacy, the newest podcast from The Heartland Institute, is helmed by Tim Benson, Senior Policy Analyst for Heartland’s Government Relations team. Benson brings on authors of new book releases on topics including politics, culture, and history on the Ill Literacy podcast. Every episode offers listeners the author’s unique analysis of their own book release. Discussions often shift into debate between authors and Benson when ideological differences arise, creating unique commentary that can’t be found anywhere else.
