Imagine a future world where victims of spinal cord injuries can walk again, where there is no shortage of donor organs for those in need……..and where damaged and weak parts of the body are simply replaced with new ones. This is the exciting promise of regenerative medicine, an area of medicine that develops procedures to regrow, repair or replace damaged or diseased cells, organs or tissues. Regenerative medicine includes the generation and use of therapeutic stem cells, tissue engineering and the production of artificial organs. The phrase regenerative medicine has only been in our lexicon for two decades, but the concepts that drive it and the passion to harness the power of the body to heal itself have been dreamed of for millennia. Exponential growth in knowledge in the fields biology, chemistry, computer science, engineering, genetics, medicine, robotics, and beyond has collided to fuel an extraordinary opportunity…to deliver on the hype surrounding the vision. Success will be defined by bringing extraordinary solutions for some of the most complex and life-threatening problems faced by humankind to the clinic.
Clinicians, scientists, engineers, lawyers, business people are all playing key roles in moving regenerative medicine forward. On this episode, we are going to talk with one of the world’s most accomplished transplant surgeons who is also a renowned regenerative medicine scientist and accomplished entrepreneur about his life, clinical career, and his entrepreneurial activities.
Dr. Paulo Fontes is recently became a Professor of Surgery and Director, Research & Innovation at West Virginia University. He is a co-founder and shareholder of 2 startup companies and the Director of the VGS Foundation, Sao Paulo, Brazil, which is a non-profit life science foundation linked to a $65M fund.
As we have touched upon, in many of our conversations, the United States health care system desperately needs reform to harness costs, improve quality and increase access. All elements of health care, including policymakers, have a role to play in transforming our system. I think everyone can agree in theory that federal policy changes are necessary to help fix this problem…..although there is lots of disagreement about what those changes should ultimately be. Such top-down solutions alone, however, cannot fix the broken system that currently exists. The broken healthcare delivery system also needs transformation from the bottom up…..by entrepreneurs and intrapreneurs - - the type of innovators that we often talk to and introduce to our listeners. So what is one of the transformative things that healthcare innovators are focused on to transform the future? Data.
Specifically, individual data. So much data.
Individual biology, health history, well-being, location, spending habits, sleep habits, eating habits….. According to Fortune Magazine, the amount of data you give off every day from things like lab tests, medical imaging genetic profiles, biopsies, electrocardiograms, to name just a few—is completely overwhelming when you start to think about it. Add medical claims, prescriptions, research, clinical trials….and you end up with 750 quadrillion bytes of data every day—or some 30% of the world’s data production. These massive storehouses of information have always been around. However, until three-to-five years ago, all that data was just sitting there. Now it is being analyzed and interpreted. According to Eric Topol, director of the Scripps Translational Science Institute, “It’s the most radical change happening in health care.”
On this episode we are fortunate to be joined by Dr. Rasu Shrestha, one of the world’s foremost experts that understands this and the additional radical changes and trends that are driving the healthcare future forward.