{"version":"1.0.0","segments":[{"startTime":0.0,"endTime":2.168,"body":"[AI-generated transcript.]"},{"speaker":"Jeff Cranmer","startTime":2.168,"endTime":2.736,"body":"Welcome"},{"speaker":"Jeff Cranmer","startTime":2.736,"endTime":7.24,"body":"to Biotech 2026, as the"},{"speaker":"Jeff Cranmer","startTime":7.24,"endTime":9.175,"body":"BioCentury This Week podcast"},{"speaker":"Jeff Cranmer","startTime":9.175,"endTime":11.044,"body":"kicks off its seventh season."},{"speaker":"Jeff Cranmer","startTime":12.045,"endTime":13.913,"body":"We have some opening"},{"speaker":"Jeff Cranmer","startTime":13.913,"endTime":15.815,"body":"thoughts for the year in"},{"speaker":"Jeff Cranmer","startTime":15.815,"endTime":17.65,"body":"biotech from Editor in"},{"speaker":"Jeff Cranmer","startTime":17.65,"endTime":19.953,"body":"Chief Simone Fishburn and"},{"speaker":"Jeff Cranmer","startTime":19.953,"endTime":23.723,"body":"Washington Editor Steve Usdin."},{"speaker":"Jeff Cranmer","startTime":24.024,"endTime":25.291,"body":"Along the way, we will"},{"speaker":"Jeff Cranmer","startTime":25.291,"endTime":27.36,"body":"talk about how advocates"},{"speaker":"Jeff Cranmer","startTime":27.36,"endTime":30.163,"body":"are regrouping after the"},{"speaker":"Jeff Cranmer","startTime":30.163,"endTime":31.965,"body":"Senator from Vermont,"},{"speaker":"Jeff Cranmer","startTime":32.198,"endTime":34.768,"body":"Bernie Sanders has blocked"},{"speaker":"Jeff Cranmer","startTime":35.235,"endTime":38.405,"body":"Pediatric PRV reauthorization"},{"speaker":"Jeff Cranmer","startTime":38.738,"endTime":39.873,"body":"and we'll take a look."},{"speaker":"Jeff Cranmer","startTime":40.44,"endTime":41.674,"body":"At the Land of the Rising"},{"speaker":"Jeff Cranmer","startTime":41.674,"endTime":43.51,"body":"Sun Japan biotech is"},{"speaker":"Jeff Cranmer","startTime":43.51,"endTime":45.245,"body":"looking to level up."},{"speaker":"Jeff Cranmer","startTime":45.678,"endTime":46.813,"body":"Before we get to all of"},{"speaker":"Jeff Cranmer","startTime":46.813,"endTime":49.215,"body":"that, hey, BioCentury's is"},{"speaker":"Jeff Cranmer","startTime":49.215,"endTime":51.818,"body":"hosting its 5th East-West"},{"speaker":"Jeff Cranmer","startTime":51.818,"endTime":55.255,"body":"Summit in Seoul this March."},{"speaker":"Jeff Cranmer","startTime":55.588,"endTime":56.956,"body":"Early bird rates"},{"speaker":"Jeff Cranmer","startTime":56.99,"endTime":59.059,"body":"expire on Friday."},{"speaker":"Jeff Cranmer","startTime":59.259,"endTime":62.295,"body":"Come join us in biotech's"},{"speaker":"Jeff Cranmer","startTime":62.829,"endTime":64.664,"body":"next up and coming region,"},{"speaker":"Jeff Cranmer","startTime":64.931,"endTime":66.933,"body":"source innovation from Asia or"},{"speaker":"Jeff Cranmer","startTime":66.933,"endTime":68.601,"body":"accelerate your own pipeline by"},{"speaker":"Jeff Cranmer","startTime":68.601,"endTime":71.805,"body":"finding the right Asia partner."},{"speaker":"Jeff Cranmer","startTime":72.105,"endTime":73.773,"body":"And if you wanna learn more,"},{"speaker":"Jeff Cranmer","startTime":73.773,"endTime":75.775,"body":"look for me, look for Josh"},{"speaker":"Jeff Cranmer","startTime":75.775,"endTime":77.444,"body":"at JP Morgan next week."},{"speaker":"Jeff Cranmer","startTime":77.444,"endTime":78.378,"body":"We'd be happy to tell"},{"speaker":"Jeff Cranmer","startTime":78.378,"endTime":79.412,"body":"you all about it."},{"speaker":"Jeff Cranmer","startTime":79.813,"endTime":81.047,"body":"And if you're planning to"},{"speaker":"Jeff Cranmer","startTime":81.047,"endTime":83.783,"body":"wander around the soggy"},{"speaker":"Jeff Cranmer","startTime":83.783,"endTime":85.685,"body":"streets of San Francisco"},{"speaker":"Jeff Cranmer","startTime":85.718,"endTime":87.921,"body":"next week, look no further"},{"speaker":"Jeff Cranmer","startTime":87.921,"endTime":91.057,"body":"than BioCentury's JPM Guide."},{"speaker":"Jeff Cranmer","startTime":91.458,"endTime":95.361,"body":"That's Jpmguide.com, to help you"},{"speaker":"Jeff Cranmer","startTime":95.361,"endTime":98.098,"body":"navigate all of the conferences"},{"speaker":"Jeff Cranmer","startTime":98.398,"endTime":101.568,"body":"and receptions and satellite"},{"speaker":"Jeff Cranmer","startTime":101.568,"endTime":104.003,"body":"meetings that will be kicking"},{"speaker":"Jeff Cranmer","startTime":104.003,"endTime":106.339,"body":"off, as early as Saturday."},{"speaker":"Jeff Cranmer","startTime":106.706,"endTime":108.875,"body":"Alright, let's cut to the chase."},{"speaker":"Jeff Cranmer","startTime":108.908,"endTime":111.444,"body":"Simone, Steve, Happy New year."},{"speaker":"Jeff Cranmer","startTime":111.978,"endTime":113.913,"body":"Simone, how are you looking at"},{"speaker":"Jeff Cranmer","startTime":114.147,"endTime":116.216,"body":"biotech as we kick off the year?"},{"speaker":"Jeff Cranmer","startTime":116.216,"endTime":116.85,"body":"We've done a lot"},{"speaker":"Jeff Cranmer","startTime":116.85,"endTime":118.318,"body":"of year end stuff."},{"speaker":"Jeff Cranmer","startTime":118.918,"endTime":120.386,"body":"you can check out The"},{"speaker":"Jeff Cranmer","startTime":120.386,"endTime":121.754,"body":"Best of BioCentury."},{"speaker":"Jeff Cranmer","startTime":122.055,"endTime":123.456,"body":"You can check out our analyst"},{"speaker":"Jeff Cranmer","startTime":123.456,"endTime":125.458,"body":"picks on BioCentury.com,"},{"speaker":"Jeff Cranmer","startTime":125.859,"endTime":127.327,"body":"but now we're moving on."},{"speaker":"Jeff Cranmer","startTime":127.327,"endTime":128.194,"body":"We're looking ahead."},{"speaker":"Jeff Cranmer","startTime":128.194,"endTime":129.696,"body":"Simone, where's your head at?"},{"speaker":"Simone Fishburn","startTime":130.296,"endTime":130.93,"body":"Well, first"},{"speaker":"Simone Fishburn","startTime":130.93,"endTime":131.898,"body":"of all, I want to tell you,"},{"speaker":"Simone Fishburn","startTime":131.898,"endTime":134.434,"body":"Jeff, that my phone reliably"},{"speaker":"Simone Fishburn","startTime":134.434,"endTime":136.102,"body":"informs me that we will not be"},{"speaker":"Simone Fishburn","startTime":136.102,"endTime":138.138,"body":"walking around the rain or soggy"},{"speaker":"Simone Fishburn","startTime":138.138,"endTime":140.173,"body":"streets next week San Francisco."},{"speaker":"Simone Fishburn","startTime":140.54,"endTime":141.274,"body":"I've got lots of"},{"speaker":"Simone Fishburn","startTime":141.274,"endTime":142.709,"body":"little sun pictures."},{"speaker":"Simone Fishburn","startTime":143.543,"endTime":146.412,"body":"Therein lies the story of 2026."},{"speaker":"Simone Fishburn","startTime":146.412,"endTime":148.748,"body":"So as we got onto this call,"},{"speaker":"Simone Fishburn","startTime":149.048,"endTime":151.684,"body":"I was telling Steve how I was"},{"speaker":"Simone Fishburn","startTime":151.684,"endTime":152.952,"body":"kicking off my letter from"},{"speaker":"Simone Fishburn","startTime":152.952,"endTime":154.387,"body":"the editor with a lot of good"},{"speaker":"Simone Fishburn","startTime":154.387,"endTime":156.256,"body":"news, and he said that is the"},{"speaker":"Simone Fishburn","startTime":156.256,"endTime":159.559,"body":"split screen of 2026, which"},{"speaker":"Simone Fishburn","startTime":159.559,"endTime":161.06,"body":"is the theme we are going with"},{"speaker":"Simone Fishburn","startTime":161.561,"endTime":163.463,"body":"because there's really reason."},{"speaker":"Simone Fishburn","startTime":164.164,"endTime":165.565,"body":"On the financial front"},{"speaker":"Simone Fishburn","startTime":165.632,"endTime":167.4,"body":"and the biotech funding"},{"speaker":"Simone Fishburn","startTime":167.4,"endTime":169.135,"body":"front for optimism."},{"speaker":"Simone Fishburn","startTime":169.135,"endTime":170.87,"body":"We've had a good run"},{"speaker":"Simone Fishburn","startTime":170.87,"endTime":172.739,"body":"at the end of 2025."},{"speaker":"Simone Fishburn","startTime":172.772,"endTime":173.439,"body":"Obviously we don't know"},{"speaker":"Simone Fishburn","startTime":173.439,"endTime":175.542,"body":"how sustainable it is, but"},{"speaker":"Simone Fishburn","startTime":175.642,"endTime":177.81,"body":"follow-ons are up the XBI"},{"speaker":"Simone Fishburn","startTime":177.81,"endTime":180.246,"body":"ended up even so, you know,"},{"speaker":"Simone Fishburn","startTime":180.246,"endTime":182.615,"body":"used that word IPO few times."},{"speaker":"Simone Fishburn","startTime":182.949,"endTime":184.25,"body":"There's generally a feeling"},{"speaker":"Simone Fishburn","startTime":184.25,"endTime":186.019,"body":"that biotech is sort of"},{"speaker":"Simone Fishburn","startTime":186.019,"endTime":187.086,"body":"coming outta the woods."},{"speaker":"Simone Fishburn","startTime":187.453,"endTime":188.655,"body":"Stephen Hansen is gonna"},{"speaker":"Simone Fishburn","startTime":188.655,"endTime":190.49,"body":"be writing a story saying"},{"speaker":"Simone Fishburn","startTime":190.49,"endTime":191.824,"body":"the bear market is over."},{"speaker":"Simone Fishburn","startTime":192.559,"endTime":194.027,"body":"We can look at approvals,"},{"speaker":"Simone Fishburn","startTime":194.027,"endTime":195.595,"body":"which were a little down"},{"speaker":"Simone Fishburn","startTime":195.595,"endTime":197.363,"body":"from the year before FDA,"},{"speaker":"Simone Fishburn","startTime":197.397,"endTime":199.666,"body":"drug approvals, but really"},{"speaker":"Simone Fishburn","startTime":199.699,"endTime":201.401,"body":"pretty, pretty robust there."},{"speaker":"Simone Fishburn","startTime":201.668,"endTime":202.936,"body":"if you think that generally"},{"speaker":"Simone Fishburn","startTime":202.936,"endTime":204.07,"body":"the number of approvals per"},{"speaker":"Simone Fishburn","startTime":204.07,"endTime":205.171,"body":"year is a, is a good number."},{"speaker":"Simone Fishburn","startTime":205.905,"endTime":207.14,"body":"so yeah, there's a,"},{"speaker":"Simone Fishburn","startTime":207.14,"endTime":208.007,"body":"a lot of positive"},{"speaker":"Simone Fishburn","startTime":208.007,"endTime":209.542,"body":"momentum within biotech."},{"speaker":"Simone Fishburn","startTime":209.742,"endTime":211.044,"body":"People seem to have shrugged"},{"speaker":"Simone Fishburn","startTime":211.044,"endTime":213.546,"body":"off, absorbed the  tariff"},{"speaker":"Simone Fishburn","startTime":213.546,"endTime":215.248,"body":"uncertainty and all the rest of"},{"speaker":"Simone Fishburn","startTime":215.248,"endTime":216.482,"body":"that and, and shrugged it off."},{"speaker":"Simone Fishburn","startTime":216.482,"endTime":217.417,"body":"And so the gears, the"},{"speaker":"Simone Fishburn","startTime":217.417,"endTime":219.018,"body":"financial gears of biotech"},{"speaker":"Simone Fishburn","startTime":219.419,"endTime":220.286,"body":"are, still churning."},{"speaker":"Simone Fishburn","startTime":220.52,"endTime":221.487,"body":"And now I'm gonna throw"},{"speaker":"Simone Fishburn","startTime":221.487,"endTime":222.522,"body":"it to Steve who's gonna"},{"speaker":"Simone Fishburn","startTime":222.522,"endTime":224.157,"body":"give us the other split"},{"speaker":"Simone Fishburn","startTime":224.157,"endTime":225.959,"body":"screen kind of reality"},{"speaker":"Jeff Cranmer","startTime":225.959,"endTime":226.359,"body":"Well first,"},{"speaker":"Jeff Cranmer","startTime":226.693,"endTime":228.328,"body":"don't sleep on innovation."},{"speaker":"Jeff Cranmer","startTime":228.328,"endTime":229.696,"body":"I mean, everybody we talked"},{"speaker":"Jeff Cranmer","startTime":229.696,"endTime":231.231,"body":"to we had Stelios on."},{"speaker":"Jeff Cranmer","startTime":231.764,"endTime":233.099,"body":"Uh, they talk about how"},{"speaker":"Jeff Cranmer","startTime":233.533,"endTime":234.634,"body":"the science has never been"},{"speaker":"Jeff Cranmer","startTime":234.634,"endTime":235.668,"body":"better, the innovation's"},{"speaker":"Jeff Cranmer","startTime":235.668,"endTime":236.502,"body":"never been better."},{"speaker":"Jeff Cranmer","startTime":236.836,"endTime":238.304,"body":"So I did wanna make a pitch"},{"speaker":"Jeff Cranmer","startTime":238.304,"endTime":239.472,"body":"for what's happening in,"},{"speaker":"Jeff Cranmer","startTime":239.706,"endTime":242.508,"body":"in the labs before, uh, Dr."},{"speaker":"Jeff Cranmer","startTime":242.508,"endTime":246.112,"body":"Gloom and Doom, uh, joins us."},{"speaker":"Jeff Cranmer","startTime":246.512,"endTime":249.415,"body":"See, Steve's not all that bad."},{"speaker":"Jeff Cranmer","startTime":249.415,"endTime":251.117,"body":"He is, uh, he, he is, he, he"},{"speaker":"Jeff Cranmer","startTime":251.117,"endTime":252.252,"body":"might be a little more chipper."},{"speaker":"Jeff Cranmer","startTime":252.252,"endTime":254.02,"body":"He is just back from Argentina."},{"speaker":"Jeff Cranmer","startTime":254.22,"endTime":255.855,"body":"he's seen, maybe he's"},{"speaker":"Jeff Cranmer","startTime":255.855,"endTime":257.09,"body":"seen the light, Steve."},{"speaker":"Steve Usdin","startTime":257.69,"endTime":258.157,"body":"I don't"},{"speaker":"Steve Usdin","startTime":258.157,"endTime":258.691,"body":"know about the light."},{"speaker":"Steve Usdin","startTime":258.691,"endTime":261.327,"body":"Look, the, the thing is, we're"},{"speaker":"Steve Usdin","startTime":261.327,"endTime":262.161,"body":"actually, we're, we're kind of"},{"speaker":"Steve Usdin","startTime":262.161,"endTime":264.197,"body":"going into an experiment, right?"},{"speaker":"Steve Usdin","startTime":264.197,"endTime":266.666,"body":"So the thesis for biotech and"},{"speaker":"Steve Usdin","startTime":266.666,"endTime":268.401,"body":"for the life sciences for the"},{"speaker":"Steve Usdin","startTime":268.401,"endTime":269.769,"body":"last couple of decades has"},{"speaker":"Steve Usdin","startTime":269.769,"endTime":271.037,"body":"been that the United States"},{"speaker":"Steve Usdin","startTime":271.237,"endTime":272.572,"body":"had a competitive advantage"},{"speaker":"Steve Usdin","startTime":272.572,"endTime":274.907,"body":"because it had the most stable,"},{"speaker":"Steve Usdin","startTime":274.907,"endTime":276.976,"body":"progressive, science-based"},{"speaker":"Steve Usdin","startTime":276.976,"endTime":278.811,"body":"regulatory system in the world."},{"speaker":"Steve Usdin","startTime":279.178,"endTime":280.98,"body":"Because, it invested"},{"speaker":"Steve Usdin","startTime":280.98,"endTime":282.515,"body":"generously in."},{"speaker":"Steve Usdin","startTime":282.882,"endTime":284.183,"body":"basic research that"},{"speaker":"Steve Usdin","startTime":284.317,"endTime":285.985,"body":"really created the engine."},{"speaker":"Steve Usdin","startTime":286.019,"endTime":286.953,"body":"And that, that, that basic"},{"speaker":"Steve Usdin","startTime":286.953,"endTime":288.321,"body":"research then was translated"},{"speaker":"Steve Usdin","startTime":288.321,"endTime":290.089,"body":"into biotech companies, that"},{"speaker":"Steve Usdin","startTime":290.089,"endTime":292.458,"body":"generated innovations, that"},{"speaker":"Steve Usdin","startTime":292.458,"endTime":293.526,"body":"then were commercialized"},{"speaker":"Steve Usdin","startTime":293.526,"endTime":294.56,"body":"by either bigger biotech"},{"speaker":"Steve Usdin","startTime":294.56,"endTime":296.929,"body":"companies or, pharma companies."},{"speaker":"Steve Usdin","startTime":297.497,"endTime":298.765,"body":"We're gonna be seeing a lot"},{"speaker":"Steve Usdin","startTime":298.765,"endTime":301.0,"body":"of enthusiasm, around the,"},{"speaker":"Steve Usdin","startTime":301.0,"endTime":303.303,"body":"the finances in, in 2026."},{"speaker":"Steve Usdin","startTime":303.703,"endTime":305.038,"body":"And as Simone said, a split"},{"speaker":"Steve Usdin","startTime":305.038,"endTime":305.805,"body":"screen because there's"},{"speaker":"Steve Usdin","startTime":305.805,"endTime":307.573,"body":"also a lot of concern about"},{"speaker":"Steve Usdin","startTime":307.774,"endTime":308.875,"body":"some of these fundamental"},{"speaker":"Steve Usdin","startTime":308.875,"endTime":311.01,"body":"pillars of, of the industry."},{"speaker":"Steve Usdin","startTime":311.744,"endTime":313.046,"body":"Let's start with FDA."},{"speaker":"Steve Usdin","startTime":313.313,"endTime":314.781,"body":"there's tremendous uncertainty"},{"speaker":"Steve Usdin","startTime":314.781,"endTime":316.015,"body":"about what FDA is going to"},{"speaker":"Steve Usdin","startTime":316.015,"endTime":317.75,"body":"be doing, going forward."},{"speaker":"Steve Usdin","startTime":318.017,"endTime":319.819,"body":"The Center for Drug Evaluation"},{"speaker":"Steve Usdin","startTime":319.819,"endTime":321.654,"body":"and Research now is being"},{"speaker":"Steve Usdin","startTime":321.654,"endTime":324.057,"body":"directed by Tracy Beth H who"},{"speaker":"Steve Usdin","startTime":324.057,"endTime":327.026,"body":"has regulatory experience, no"},{"speaker":"Steve Usdin","startTime":327.26,"endTime":329.429,"body":"qualifications for the job other"},{"speaker":"Steve Usdin","startTime":329.429,"endTime":332.832,"body":"than political fealty to Marty"},{"speaker":"Steve Usdin","startTime":332.832,"endTime":334.5,"body":"Makary, the FDA Commissioner,"},{"speaker":"Steve Usdin","startTime":334.534,"endTime":336.202,"body":"and the vision of Robert F."},{"speaker":"Steve Usdin","startTime":336.202,"endTime":338.338,"body":"Kennedy Jr. The HHS Secretary."},{"speaker":"Steve Usdin","startTime":339.339,"endTime":340.139,"body":"There's likely to be a"},{"speaker":"Steve Usdin","startTime":340.139,"endTime":341.541,"body":"great deal of uncertainty."},{"speaker":"Steve Usdin","startTime":341.574,"endTime":342.775,"body":"As I said at at FDA."},{"speaker":"Steve Usdin","startTime":342.775,"endTime":344.043,"body":"There's also a sense that"},{"speaker":"Steve Usdin","startTime":344.277,"endTime":345.244,"body":"the Commissioner's National"},{"speaker":"Steve Usdin","startTime":345.244,"endTime":347.347,"body":"Priority Voucher Program is"},{"speaker":"Steve Usdin","startTime":347.347,"endTime":349.749,"body":"going to create different kinds"},{"speaker":"Steve Usdin","startTime":349.749,"endTime":351.651,"body":"of flows at FDA, it's gonna"},{"speaker":"Steve Usdin","startTime":351.651,"endTime":353.419,"body":"make it more unpredictable"},{"speaker":"Steve Usdin","startTime":353.686,"endTime":354.987,"body":"of what's gonna get approved"},{"speaker":"Steve Usdin","startTime":355.054,"endTime":356.522,"body":"and in, and what speed."},{"speaker":"Steve Usdin","startTime":356.823,"endTime":358.458,"body":"It's coming on top of a, a, a"},{"speaker":"Steve Usdin","startTime":358.458,"endTime":360.126,"body":"situation where there's, there's"},{"speaker":"Steve Usdin","startTime":360.326,"endTime":362.061,"body":"large numbers of FDA staff"},{"speaker":"Steve Usdin","startTime":362.095,"endTime":364.697,"body":"who have left the agency over"},{"speaker":"Steve Usdin","startTime":364.697,"endTime":366.499,"body":"the last few months, making"},{"speaker":"Steve Usdin","startTime":366.499,"endTime":368.334,"body":"it much more difficult for the"},{"speaker":"Steve Usdin","startTime":368.334,"endTime":370.703,"body":"agency to do its routine work."},{"speaker":"Steve Usdin","startTime":370.937,"endTime":371.637,"body":"Um, it's going to"},{"speaker":"Steve Usdin","startTime":371.637,"endTime":373.206,"body":"be prioritizing work"},{"speaker":"Steve Usdin","startTime":373.206,"endTime":374.54,"body":"around the, uh, these,"},{"speaker":"Steve Usdin","startTime":374.54,"endTime":375.808,"body":"um, priority vouchers."},{"speaker":"Steve Usdin","startTime":376.142,"endTime":377.243,"body":"and it's, it's unclear what"},{"speaker":"Steve Usdin","startTime":377.243,"endTime":378.878,"body":"that's gonna mean for other"},{"speaker":"Steve Usdin","startTime":378.878,"endTime":380.279,"body":"kinds of, of activities."},{"speaker":"Steve Usdin","startTime":380.98,"endTime":382.448,"body":"Then shifting over to, um,"},{"speaker":"Steve Usdin","startTime":382.448,"endTime":384.417,"body":"to NIH, which has really been"},{"speaker":"Steve Usdin","startTime":384.417,"endTime":385.985,"body":"the you know, kind of the the"},{"speaker":"Steve Usdin","startTime":385.985,"endTime":387.72,"body":"nursery for, um, innovation"},{"speaker":"Steve Usdin","startTime":387.72,"endTime":388.721,"body":"in, in the United States."},{"speaker":"Steve Usdin","startTime":388.955,"endTime":389.856,"body":"There's tremendous amount"},{"speaker":"Steve Usdin","startTime":389.856,"endTime":391.524,"body":"of uncertainty at, at NIH."},{"speaker":"Simone Fishburn","startTime":391.891,"endTime":392.458,"body":"Steve,"},{"speaker":"Simone Fishburn","startTime":392.458,"endTime":393.826,"body":"um, just, I know there"},{"speaker":"Simone Fishburn","startTime":393.826,"endTime":395.495,"body":"was recent news from NIH."},{"speaker":"Simone Fishburn","startTime":395.495,"endTime":396.796,"body":"Tell us about the latest"},{"speaker":"Simone Fishburn","startTime":396.796,"endTime":398.064,"body":"thing in terms of one of"},{"speaker":"Simone Fishburn","startTime":398.064,"endTime":398.965,"body":"the directors at one of the"},{"speaker":"Simone Fishburn","startTime":398.965,"endTime":401.267,"body":"institutes at NINDS, right?"},{"speaker":"Steve Usdin","startTime":401.834,"endTime":402.702,"body":"Yeah, that's right."},{"speaker":"Steve Usdin","startTime":402.802,"endTime":403.703,"body":"so it's, it's actually"},{"speaker":"Steve Usdin","startTime":403.703,"endTime":404.871,"body":"quite extraordinary."},{"speaker":"Steve Usdin","startTime":405.037,"endTime":407.407,"body":"On December 30th, Jay"},{"speaker":"Steve Usdin","startTime":407.407,"endTime":408.775,"body":"Bhattacharya, the Director of"},{"speaker":"Steve Usdin","startTime":408.775,"endTime":411.811,"body":"NIH, sent out a memo announcing"},{"speaker":"Steve Usdin","startTime":411.978,"endTime":413.813,"body":"that Dr. Walter Koroshetz,"},{"speaker":"Steve Usdin","startTime":414.046,"endTime":415.548,"body":"will be concluding his service"},{"speaker":"Steve Usdin","startTime":415.581,"endTime":416.682,"body":"as Director of the National"},{"speaker":"Steve Usdin","startTime":416.682,"endTime":418.05,"body":"Institute of Neurological"},{"speaker":"Steve Usdin","startTime":418.05,"endTime":419.419,"body":"Disorders and Stroke."},{"speaker":"Steve Usdin","startTime":419.619,"endTime":420.486,"body":"His last day is gonna"},{"speaker":"Steve Usdin","startTime":420.486,"endTime":422.021,"body":"be January 24th."},{"speaker":"Steve Usdin","startTime":422.021,"endTime":423.356,"body":"The extraordinary thing"},{"speaker":"Steve Usdin","startTime":423.356,"endTime":425.091,"body":"about it is that Bhattacharya"},{"speaker":"Steve Usdin","startTime":425.124,"endTime":427.226,"body":"wrote in the memo that he"},{"speaker":"Steve Usdin","startTime":427.26,"endTime":428.628,"body":"supported Dr. Koroshetz."},{"speaker":"Steve Usdin","startTime":428.661,"endTime":430.93,"body":"He wanted Koroshetz to stay."},{"speaker":"Steve Usdin","startTime":431.297,"endTime":432.498,"body":"And he said that Koroshetz's"},{"speaker":"Steve Usdin","startTime":432.498,"endTime":433.633,"body":"performance as Director"},{"speaker":"Steve Usdin","startTime":433.666,"endTime":434.801,"body":"has been exceptional."},{"speaker":"Steve Usdin","startTime":435.067,"endTime":435.902,"body":"However, the Department of"},{"speaker":"Steve Usdin","startTime":435.902,"endTime":437.17,"body":"Health and Human Services"},{"speaker":"Steve Usdin","startTime":437.37,"endTime":439.105,"body":"has elected to pursue a"},{"speaker":"Steve Usdin","startTime":439.105,"endTime":440.84,"body":"leadership transition."},{"speaker":"Steve Usdin","startTime":441.274,"endTime":442.341,"body":"That's actually, if you,"},{"speaker":"Steve Usdin","startTime":442.341,"endTime":443.276,"body":"if you think about it,"},{"speaker":"Steve Usdin","startTime":443.709,"endTime":444.944,"body":"basically what Bhattacharya"},{"speaker":"Steve Usdin","startTime":444.977,"endTime":446.279,"body":"is saying is that he's not"},{"speaker":"Steve Usdin","startTime":446.279,"endTime":448.614,"body":"running NIH, Kennedy is."},{"speaker":"Simone Fishburn","startTime":448.948,"endTime":449.248,"body":"Yeah,"},{"speaker":"Simone Fishburn","startTime":449.248,"endTime":449.615,"body":"I have a couple of"},{"speaker":"Simone Fishburn","startTime":449.615,"endTime":450.883,"body":"questions about this one."},{"speaker":"Simone Fishburn","startTime":450.883,"endTime":452.452,"body":"I mean, yeah, it's"},{"speaker":"Simone Fishburn","startTime":452.452,"endTime":453.82,"body":"extraordinary on two fronts."},{"speaker":"Simone Fishburn","startTime":453.82,"endTime":455.655,"body":"One is that's really like"},{"speaker":"Simone Fishburn","startTime":455.655,"endTime":456.556,"body":"saying I'm not making"},{"speaker":"Simone Fishburn","startTime":456.556,"endTime":457.123,"body":"the decisions here."},{"speaker":"Simone Fishburn","startTime":458.224,"endTime":460.593,"body":"I think we heard that very early"},{"speaker":"Simone Fishburn","startTime":460.593,"endTime":463.329,"body":"on in his tenure when he joined,"},{"speaker":"Simone Fishburn","startTime":463.329,"endTime":464.297,"body":"and they, you know, there'd been"},{"speaker":"Simone Fishburn","startTime":464.297,"endTime":465.264,"body":"a lot of people laid off and"},{"speaker":"Simone Fishburn","startTime":465.264,"endTime":466.299,"body":"he said, well, I wasn't behind"},{"speaker":"Simone Fishburn","startTime":466.299,"endTime":467.867,"body":"all of that, but, but he wasn't"},{"speaker":"Simone Fishburn","startTime":467.867,"endTime":469.669,"body":"really, you know, um, he, he"},{"speaker":"Simone Fishburn","startTime":469.669,"endTime":470.703,"body":"hadn't been there very long."},{"speaker":"Simone Fishburn","startTime":470.703,"endTime":472.371,"body":"Now he's been, uh, I can't"},{"speaker":"Simone Fishburn","startTime":472.371,"endTime":473.406,"body":"remember Steve at least"},{"speaker":"Simone Fishburn","startTime":473.406,"endTime":474.474,"body":"six months, maybe nine."},{"speaker":"Simone Fishburn","startTime":474.474,"endTime":475.341,"body":"I, I forget exactly"},{"speaker":"Simone Fishburn","startTime":475.341,"endTime":476.976,"body":"when he took the role."},{"speaker":"Simone Fishburn","startTime":476.976,"endTime":478.444,"body":"So that's extraordinary."},{"speaker":"Simone Fishburn","startTime":478.778,"endTime":479.579,"body":"And the other thing is"},{"speaker":"Simone Fishburn","startTime":479.579,"endTime":481.781,"body":"that it is really saying in"},{"speaker":"Simone Fishburn","startTime":481.781,"endTime":482.849,"body":"black and white that this"},{"speaker":"Simone Fishburn","startTime":482.849,"endTime":484.016,"body":"is a political decision."},{"speaker":"Simone Fishburn","startTime":484.984,"endTime":486.552,"body":"I have now one follow up"},{"speaker":"Simone Fishburn","startTime":486.552,"endTime":487.92,"body":"question for you, because I"},{"speaker":"Simone Fishburn","startTime":487.92,"endTime":490.289,"body":"know, in our, one of the pieces"},{"speaker":"Simone Fishburn","startTime":490.289,"endTime":492.124,"body":"end of year pieces you projected"},{"speaker":"Simone Fishburn","startTime":492.124,"endTime":495.394,"body":"about FDA and how long RFK Jr."},{"speaker":"Simone Fishburn","startTime":495.428,"endTime":497.83,"body":"might stay in his role at HHS."},{"speaker":"Simone Fishburn","startTime":497.83,"endTime":499.165,"body":"Do you think that this all"},{"speaker":"Simone Fishburn","startTime":499.165,"endTime":501.467,"body":"goes is badly for, for Dr."},{"speaker":"Simone Fishburn","startTime":501.467,"endTime":503.402,"body":"Bhattacharya or not necessarily?"},{"speaker":"Steve Usdin","startTime":504.337,"endTime":504.837,"body":"It's hard"},{"speaker":"Steve Usdin","startTime":504.837,"endTime":505.671,"body":"to predict what's gonna"},{"speaker":"Steve Usdin","startTime":505.671,"endTime":506.939,"body":"happen with Bhattacharya."},{"speaker":"Steve Usdin","startTime":506.939,"endTime":510.176,"body":"But I, my sense of it is that"},{"speaker":"Steve Usdin","startTime":510.61,"endTime":512.044,"body":"Kennedy is probably going to"},{"speaker":"Steve Usdin","startTime":512.044,"endTime":513.88,"body":"be out by this time next year."},{"speaker":"Steve Usdin","startTime":513.946,"endTime":515.147,"body":"I think he's not gonna last much"},{"speaker":"Steve Usdin","startTime":515.147,"endTime":518.584,"body":"longer than the midterms and all"},{"speaker":"Steve Usdin","startTime":518.584,"endTime":521.32,"body":"of the public health leadership"},{"speaker":"Steve Usdin","startTime":521.487,"endTime":522.588,"body":"thats closely associated"},{"speaker":"Steve Usdin","startTime":522.588,"endTime":524.557,"body":"with him is likely to follow."},{"speaker":"Steve Usdin","startTime":524.657,"endTime":525.825,"body":"And, and some of them may"},{"speaker":"Steve Usdin","startTime":525.825,"endTime":527.727,"body":"leave before he does, but"},{"speaker":"Steve Usdin","startTime":527.727,"endTime":529.161,"body":"there's a tremendous amount"},{"speaker":"Steve Usdin","startTime":529.161,"endTime":531.364,"body":"of damage that has been done"},{"speaker":"Steve Usdin","startTime":531.364,"endTime":533.199,"body":"and that will be done over"},{"speaker":"Steve Usdin","startTime":533.199,"endTime":534.634,"body":"the course of the next year."},{"speaker":"Steve Usdin","startTime":535.101,"endTime":536.302,"body":"So I, I'm not sure that"},{"speaker":"Steve Usdin","startTime":536.302,"endTime":537.27,"body":"that's really something to"},{"speaker":"Steve Usdin","startTime":537.27,"endTime":538.938,"body":"be sanguine about at all."},{"speaker":"Simone Fishburn","startTime":539.872,"endTime":540.64,"body":"I mean, it's"},{"speaker":"Simone Fishburn","startTime":540.64,"endTime":542.975,"body":"just that Jay Bhattacharya"},{"speaker":"Simone Fishburn","startTime":543.009,"endTime":545.311,"body":"is an acolyte, you know,"},{"speaker":"Simone Fishburn","startTime":545.311,"endTime":546.479,"body":"he was from Stanford."},{"speaker":"Simone Fishburn","startTime":546.812,"endTime":548.714,"body":"He is part of the group that had"},{"speaker":"Simone Fishburn","startTime":548.714,"endTime":551.517,"body":"a narrative around government's"},{"speaker":"Simone Fishburn","startTime":551.517,"endTime":553.953,"body":"actions with COVID, and"},{"speaker":"Simone Fishburn","startTime":554.02,"endTime":556.122,"body":"suppression of voices and so on."},{"speaker":"Simone Fishburn","startTime":556.122,"endTime":558.424,"body":"And I think he  entered NIH"},{"speaker":"Simone Fishburn","startTime":558.791,"endTime":560.927,"body":"claiming that he was going to"},{"speaker":"Simone Fishburn","startTime":561.26,"endTime":563.896,"body":"foster open communication and"},{"speaker":"Simone Fishburn","startTime":563.896,"endTime":565.031,"body":"people shouldn't be scared"},{"speaker":"Simone Fishburn","startTime":565.031,"endTime":566.899,"body":"of, what they wanted to say."},{"speaker":"Simone Fishburn","startTime":567.3,"endTime":568.367,"body":"we know that that's not"},{"speaker":"Simone Fishburn","startTime":568.367,"endTime":569.702,"body":"actually really born out,"},{"speaker":"Simone Fishburn","startTime":569.702,"endTime":570.636,"body":"but, but I'm talking about"},{"speaker":"Simone Fishburn","startTime":570.636,"endTime":571.571,"body":"something different here."},{"speaker":"Simone Fishburn","startTime":571.837,"endTime":572.939,"body":"It really seems that there's"},{"speaker":"Simone Fishburn","startTime":572.939,"endTime":576.042,"body":"now daylight between him and"},{"speaker":"Simone Fishburn","startTime":576.042,"endTime":577.543,"body":"the administration on this."},{"speaker":"Simone Fishburn","startTime":578.01,"endTime":579.111,"body":"So I don't really"},{"speaker":"Simone Fishburn","startTime":579.111,"endTime":580.146,"body":"know how to read that."},{"speaker":"Simone Fishburn","startTime":580.146,"endTime":581.247,"body":"Does that just mean that he's"},{"speaker":"Simone Fishburn","startTime":581.247,"endTime":583.215,"body":"gonna continue to roll over and"},{"speaker":"Simone Fishburn","startTime":583.215,"endTime":584.884,"body":"do what the administration or at"},{"speaker":"Simone Fishburn","startTime":584.884,"endTime":587.219,"body":"least, uh, the head of HHS wants"},{"speaker":"Simone Fishburn","startTime":587.42,"endTime":588.02,"body":"or will he at some"},{"speaker":"Steve Usdin","startTime":588.02,"endTime":588.287,"body":"Absolutely"},{"speaker":"Simone Fishburn","startTime":588.621,"endTime":588.721,"body":"or"},{"speaker":"Simone Fishburn","startTime":588.721,"endTime":589.589,"body":"will he at some point"},{"speaker":"Simone Fishburn","startTime":589.589,"endTime":590.489,"body":"say, this isn't for me."},{"speaker":"Steve Usdin","startTime":591.39,"endTime":592.491,"body":"no ab absolutely,"},{"speaker":"Steve Usdin","startTime":592.491,"endTime":594.193,"body":"he's, he's given no evidence"},{"speaker":"Steve Usdin","startTime":594.193,"endTime":595.428,"body":"that he's going to, um,"},{"speaker":"Steve Usdin","startTime":595.461,"endTime":597.363,"body":"stick up for, um, science or"},{"speaker":"Steve Usdin","startTime":597.363,"endTime":599.632,"body":"for the scientists at NIH."},{"speaker":"Steve Usdin","startTime":599.966,"endTime":601.2,"body":"I don't think that this is the"},{"speaker":"Steve Usdin","startTime":601.2,"endTime":603.102,"body":"last director who's going to"},{"speaker":"Steve Usdin","startTime":603.102,"endTime":605.471,"body":"be terminated regardless of"},{"speaker":"Steve Usdin","startTime":605.471,"endTime":606.739,"body":"what, um, Bhattacharya says."},{"speaker":"Steve Usdin","startTime":607.607,"endTime":608.608,"body":"And I think that it's,"},{"speaker":"Steve Usdin","startTime":608.641,"endTime":609.508,"body":"it's deeply concerning."},{"speaker":"Steve Usdin","startTime":609.508,"endTime":610.476,"body":"Look, this is the sixth"},{"speaker":"Steve Usdin","startTime":610.476,"endTime":612.845,"body":"largest Institute at NIH."},{"speaker":"Steve Usdin","startTime":613.079,"endTime":614.28,"body":"It does extraordinarily"},{"speaker":"Steve Usdin","startTime":614.28,"endTime":616.649,"body":"important work, and it's going"},{"speaker":"Steve Usdin","startTime":616.649,"endTime":618.384,"body":"to be turned over we don't"},{"speaker":"Steve Usdin","startTime":618.384,"endTime":619.518,"body":"know who, but you can bet"},{"speaker":"Steve Usdin","startTime":619.518,"endTime":620.686,"body":"it's gonna be somebody who,"},{"speaker":"Steve Usdin","startTime":621.02,"endTime":624.624,"body":"believes in Kennedy's philosophy"},{"speaker":"Steve Usdin","startTime":624.624,"endTime":626.726,"body":"and, and is going to be, you"},{"speaker":"Steve Usdin","startTime":626.726,"endTime":628.794,"body":"know, subservient to Kennedy."},{"speaker":"Steve Usdin","startTime":629.295,"endTime":631.297,"body":"The Eye Institute, um, director"},{"speaker":"Steve Usdin","startTime":631.53,"endTime":633.299,"body":"may be the next one to go."},{"speaker":"Steve Usdin","startTime":633.699,"endTime":635.034,"body":"And so on down the line,"},{"speaker":"Steve Usdin","startTime":635.201,"endTime":636.802,"body":"this is part of a,  in an"},{"speaker":"Steve Usdin","startTime":636.802,"endTime":638.237,"body":"upheaval that's going to"},{"speaker":"Steve Usdin","startTime":638.237,"endTime":640.306,"body":"take a very, very long time"},{"speaker":"Steve Usdin","startTime":641.107,"endTime":642.675,"body":"to correct if it, if it's"},{"speaker":"Steve Usdin","startTime":642.675,"endTime":643.809,"body":"possible ever to correct it."},{"speaker":"Steve Usdin","startTime":643.809,"endTime":645.144,"body":"And it is not losing."},{"speaker":"Simone Fishburn","startTime":645.144,"endTime":646.145,"body":"Question though, Steve,"},{"speaker":"Simone Fishburn","startTime":646.145,"endTime":647.213,"body":"I just wanna jump in."},{"speaker":"Simone Fishburn","startTime":647.213,"endTime":648.214,"body":"You've mentioned a couple of"},{"speaker":"Simone Fishburn","startTime":648.214,"endTime":649.482,"body":"other folks, but going back"},{"speaker":"Simone Fishburn","startTime":649.482,"endTime":651.851,"body":"to the head of NINDS, can"},{"speaker":"Simone Fishburn","startTime":651.851,"endTime":653.586,"body":"you just outline if there"},{"speaker":"Simone Fishburn","startTime":653.586,"endTime":655.021,"body":"were specific things you can"},{"speaker":"Simone Fishburn","startTime":655.021,"endTime":657.323,"body":"point to that are counter to"},{"speaker":"Simone Fishburn","startTime":657.323,"endTime":659.358,"body":"the philosophy of this HHS."},{"speaker":"Steve Usdin","startTime":660.292,"endTime":660.893,"body":"I don't know."},{"speaker":"Steve Usdin","startTime":660.893,"endTime":661.694,"body":"And I, and the people"},{"speaker":"Steve Usdin","startTime":661.694,"endTime":662.461,"body":"I've spoken with at"},{"speaker":"Steve Usdin","startTime":662.461,"endTime":664.03,"body":"NIH don't know either."},{"speaker":"Steve Usdin","startTime":664.03,"endTime":665.197,"body":"It's really baffling."},{"speaker":"Steve Usdin","startTime":665.464,"endTime":666.565,"body":"He is a highly"},{"speaker":"Steve Usdin","startTime":666.565,"endTime":668.234,"body":"respected scientist."},{"speaker":"Steve Usdin","startTime":668.534,"endTime":670.569,"body":"He played as Bhattacharya noted"},{"speaker":"Steve Usdin","startTime":670.569,"endTime":672.872,"body":"in his memo announcing his"},{"speaker":"Steve Usdin","startTime":672.872,"endTime":674.674,"body":"departure Koroshetz's played a"},{"speaker":"Steve Usdin","startTime":674.674,"endTime":676.275,"body":"leading role in the NIH Brain"},{"speaker":"Steve Usdin","startTime":676.275,"endTime":678.277,"body":"Initiative, guiding high risk,"},{"speaker":"Steve Usdin","startTime":678.277,"endTime":679.512,"body":"high reward research that's"},{"speaker":"Steve Usdin","startTime":679.512,"endTime":680.846,"body":"expanded our ability to map"},{"speaker":"Steve Usdin","startTime":680.846,"endTime":682.348,"body":"brain cells and circuits, link"},{"speaker":"Steve Usdin","startTime":682.348,"endTime":684.05,"body":"neural activity to behavior"},{"speaker":"Steve Usdin","startTime":684.05,"endTime":684.917,"body":"and lay the groundwork for"},{"speaker":"Steve Usdin","startTime":684.917,"endTime":686.218,"body":"more precise interventions"},{"speaker":"Steve Usdin","startTime":686.519,"endTime":687.72,"body":"across neurological and"},{"speaker":"Steve Usdin","startTime":687.72,"endTime":689.121,"body":"psychiatric diseases."},{"speaker":"Steve Usdin","startTime":689.622,"endTime":691.657,"body":"He was involved in partnerships"},{"speaker":"Steve Usdin","startTime":691.657,"endTime":693.392,"body":"that cut across NIH."},{"speaker":"Steve Usdin","startTime":693.859,"endTime":695.061,"body":"I think this is just part"},{"speaker":"Steve Usdin","startTime":695.061,"endTime":697.029,"body":"of an anti-science agenda,"},{"speaker":"Steve Usdin","startTime":697.129,"endTime":699.098,"body":"emanating from Robert F."},{"speaker":"Steve Usdin","startTime":699.098,"endTime":700.566,"body":"Kennedy Jr. I don't know"},{"speaker":"Steve Usdin","startTime":700.566,"endTime":701.767,"body":"that there's any particular"},{"speaker":"Steve Usdin","startTime":701.767,"endTime":704.47,"body":"thing that, Dr. Koroshetz did"},{"speaker":"Steve Usdin","startTime":704.47,"endTime":706.839,"body":"or represented that led to"},{"speaker":"Steve Usdin","startTime":706.839,"endTime":708.107,"body":"his being forced to leave."},{"speaker":"Jeff Cranmer","startTime":708.908,"endTime":709.608,"body":"Okay, Steve."},{"speaker":"Jeff Cranmer","startTime":709.875,"endTime":711.677,"body":"You had a story last week"},{"speaker":"Jeff Cranmer","startTime":711.744,"endTime":713.379,"body":"about, what's happening"},{"speaker":"Jeff Cranmer","startTime":713.379,"endTime":715.948,"body":"with the pediatric vouchers"},{"speaker":"Jeff Cranmer","startTime":716.115,"endTime":717.817,"body":"Priority Review Vouchers."},{"speaker":"Jeff Cranmer","startTime":718.317,"endTime":719.151,"body":"This has been going"},{"speaker":"Jeff Cranmer","startTime":719.151,"endTime":721.153,"body":"on for some time now."},{"speaker":"Jeff Cranmer","startTime":721.153,"endTime":722.588,"body":"Can you bring us up to"},{"speaker":"Jeff Cranmer","startTime":722.588,"endTime":724.757,"body":"speed, on what the latest is?"},{"speaker":"Steve Usdin","startTime":725.691,"endTime":726.258,"body":"So this is"},{"speaker":"Steve Usdin","startTime":726.258,"endTime":728.661,"body":"Priority Review Vouchers for,"},{"speaker":"Steve Usdin","startTime":728.728,"endTime":730.696,"body":"companies that develop drugs"},{"speaker":"Steve Usdin","startTime":730.696,"endTime":732.998,"body":"for rare pediatric conditions."},{"speaker":"Steve Usdin","startTime":733.132,"endTime":733.966,"body":"There's broad"},{"speaker":"Steve Usdin","startTime":733.966,"endTime":735.501,"body":"bipartisan support."},{"speaker":"Steve Usdin","startTime":735.701,"endTime":737.636,"body":"There's broad support among"},{"speaker":"Steve Usdin","startTime":737.67,"endTime":739.405,"body":"patient advocates among the"},{"speaker":"Steve Usdin","startTime":739.405,"endTime":741.34,"body":"tiny biotech companies that"},{"speaker":"Steve Usdin","startTime":741.34,"endTime":744.376,"body":"rely on PRVs to bring therapies"},{"speaker":"Steve Usdin","startTime":744.61,"endTime":746.545,"body":"for rare cancers, for rare"},{"speaker":"Steve Usdin","startTime":746.545,"endTime":748.08,"body":"neurological conditions and"},{"speaker":"Steve Usdin","startTime":748.147,"endTime":750.249,"body":"other conditions forward."},{"speaker":"Steve Usdin","startTime":750.583,"endTime":751.55,"body":"And there have been an"},{"speaker":"Steve Usdin","startTime":751.55,"endTime":754.12,"body":"extraordinary lobbying campaign"},{"speaker":"Steve Usdin","startTime":754.12,"endTime":756.122,"body":"or advocacy campaign that had"},{"speaker":"Steve Usdin","startTime":756.122,"endTime":758.991,"body":"brought republicans, democrats,"},{"speaker":"Steve Usdin","startTime":759.125,"endTime":760.826,"body":"conservatives, liberals,"},{"speaker":"Steve Usdin","startTime":760.826,"endTime":762.728,"body":"everyone across the board in"},{"speaker":"Steve Usdin","startTime":762.728,"endTime":764.897,"body":"Congress together to want to"},{"speaker":"Steve Usdin","startTime":764.897,"endTime":767.566,"body":"reauthorize the PRV program."},{"speaker":"Steve Usdin","startTime":767.9,"endTime":770.269,"body":"On the last day of the Senate"},{"speaker":"Steve Usdin","startTime":770.269,"endTime":772.571,"body":"session this year, there was"},{"speaker":"Steve Usdin","startTime":772.571,"endTime":774.14,"body":"an attempt to pass it, it"},{"speaker":"Steve Usdin","startTime":774.14,"endTime":776.709,"body":"needed, um, universal, consent."},{"speaker":"Steve Usdin","startTime":776.976,"endTime":778.911,"body":"And, um, Senator Sanders,"},{"speaker":"Steve Usdin","startTime":779.245,"endTime":780.579,"body":"Bernie Sanders, independent"},{"speaker":"Steve Usdin","startTime":780.579,"endTime":782.381,"body":"from Vermont, opposed it."},{"speaker":"Steve Usdin","startTime":782.414,"endTime":783.215,"body":"He blocked it."},{"speaker":"Steve Usdin","startTime":783.382,"endTime":784.984,"body":"He said that he was blocking"},{"speaker":"Steve Usdin","startTime":784.984,"endTime":787.119,"body":"it because he wanted the"},{"speaker":"Steve Usdin","startTime":787.119,"endTime":789.555,"body":"Senate to vote in favor of some"},{"speaker":"Steve Usdin","startTime":789.755,"endTime":792.124,"body":"unrelated healthcare provisions."},{"speaker":"Steve Usdin","startTime":792.525,"endTime":794.026,"body":"He knew, when he stood up"},{"speaker":"Steve Usdin","startTime":794.026,"endTime":794.86,"body":"and did that, that there"},{"speaker":"Steve Usdin","startTime":794.86,"endTime":796.395,"body":"was no chance, uh, that the"},{"speaker":"Steve Usdin","startTime":796.395,"endTime":797.663,"body":"Senate was going to do that."},{"speaker":"Steve Usdin","startTime":797.663,"endTime":799.098,"body":"The things that he's asked for"},{"speaker":"Steve Usdin","startTime":799.398,"endTime":800.866,"body":"would cost billions of dollars."},{"speaker":"Steve Usdin","startTime":800.866,"endTime":802.434,"body":"They haven't been, debated"},{"speaker":"Steve Usdin","startTime":802.434,"endTime":802.935,"body":"and they haven't gone"},{"speaker":"Steve Usdin","startTime":802.935,"endTime":804.203,"body":"through the normal order"},{"speaker":"Steve Usdin","startTime":804.436,"endTime":805.437,"body":"that would be needed to"},{"speaker":"Steve Usdin","startTime":805.437,"endTime":806.505,"body":"consider some of those things."},{"speaker":"Steve Usdin","startTime":807.106,"endTime":808.607,"body":"And even in the unlikely"},{"speaker":"Steve Usdin","startTime":808.607,"endTime":810.276,"body":"event that the Senate had"},{"speaker":"Steve Usdin","startTime":810.276,"endTime":811.977,"body":"agreed to his demands, it"},{"speaker":"Steve Usdin","startTime":811.977,"endTime":813.379,"body":"wouldn't get through the house."},{"speaker":"Steve Usdin","startTime":813.679,"endTime":815.014,"body":"You know, so, he, he"},{"speaker":"Steve Usdin","startTime":815.014,"endTime":816.282,"body":"wasn't negotiating."},{"speaker":"Steve Usdin","startTime":816.282,"endTime":818.617,"body":"He was basically vetoing"},{"speaker":"Steve Usdin","startTime":818.818,"endTime":820.352,"body":"the reauthorization of"},{"speaker":"Steve Usdin","startTime":820.352,"endTime":821.554,"body":"Priority Review Vouchers."},{"speaker":"Steve Usdin","startTime":822.021,"endTime":822.922,"body":"Individual patients who"},{"speaker":"Steve Usdin","startTime":822.922,"endTime":824.39,"body":"I've spoken with and patient"},{"speaker":"Steve Usdin","startTime":824.39,"endTime":826.258,"body":"families are devastated by it."},{"speaker":"Steve Usdin","startTime":826.458,"endTime":827.66,"body":"But they're, um, they're"},{"speaker":"Steve Usdin","startTime":827.66,"endTime":829.128,"body":"going to, to, to move forward."},{"speaker":"Steve Usdin","startTime":829.128,"endTime":831.13,"body":"There's an attempt now to get"},{"speaker":"Steve Usdin","startTime":831.13,"endTime":833.432,"body":"the PRV legislation attached"},{"speaker":"Steve Usdin","startTime":833.432,"endTime":835.534,"body":"to a continuing resolution"},{"speaker":"Steve Usdin","startTime":835.534,"endTime":837.436,"body":"that Congress has to pass"},{"speaker":"Steve Usdin","startTime":837.703,"endTime":839.471,"body":"before the end of January in"},{"speaker":"Steve Usdin","startTime":839.471,"endTime":840.606,"body":"order to prevent a government"},{"speaker":"Steve Usdin","startTime":840.606,"endTime":841.807,"body":"shutdown, or if there is a"},{"speaker":"Steve Usdin","startTime":841.807,"endTime":843.275,"body":"government shutdown, there'll"},{"speaker":"Steve Usdin","startTime":843.275,"endTime":845.077,"body":"be an attempt to attach that"},{"speaker":"Steve Usdin","startTime":845.077,"endTime":847.012,"body":"to whatever legislation is"},{"speaker":"Steve Usdin","startTime":847.012,"endTime":848.581,"body":"passed to reopen the government."},{"speaker":"Jeff Cranmer","startTime":849.348,"endTime":849.815,"body":"All right."},{"speaker":"Jeff Cranmer","startTime":849.815,"endTime":851.183,"body":"Thanks for that, Steve."},{"speaker":"Jeff Cranmer","startTime":851.183,"endTime":852.218,"body":"We're gonna take a quick"},{"speaker":"Jeff Cranmer","startTime":852.351,"endTime":854.753,"body":"break and we'll be back."},{"speaker":"Alanna Farro","startTime":855.454,"endTime":856.322,"body":"BioCentury This"},{"speaker":"Alanna Farro","startTime":856.322,"endTime":857.623,"body":"Week is brought to you by"},{"speaker":"Alanna Farro","startTime":857.69,"endTime":859.258,"body":"The 5th East-West Biopharma"},{"speaker":"Alanna Farro","startTime":859.258,"endTime":860.092,"body":"Summit in South Korea."},{"speaker":"Alanna Farro","startTime":863.629,"endTime":865.097,"body":"An arc of innovation is"},{"speaker":"Alanna Farro","startTime":865.097,"endTime":866.699,"body":"emerging across Asia, and"},{"speaker":"Alanna Farro","startTime":866.699,"endTime":868.0,"body":"Western biopharma leaders"},{"speaker":"Alanna Farro","startTime":868.0,"endTime":869.134,"body":"are taking note-from"},{"speaker":"Alanna Farro","startTime":869.168,"endTime":871.07,"body":"cross-border deals to newcos."},{"speaker":"Alanna Farro","startTime":871.37,"endTime":874.006,"body":"In March, 2026, The 5th"},{"speaker":"Alanna Farro","startTime":874.006,"endTime":875.441,"body":"BioCentury-BayHelix East-West"},{"speaker":"Alanna Farro","startTime":875.474,"endTime":877.109,"body":"BioPharma Summit visits South"},{"speaker":"Alanna Farro","startTime":877.109,"endTime":877.977,"body":"Korea for the first time."},{"speaker":"Alanna Farro","startTime":878.477,"endTime":880.045,"body":"Meet the biopharma leaders"},{"speaker":"Alanna Farro","startTime":880.045,"endTime":881.38,"body":"putting Korea innovation"},{"speaker":"Alanna Farro","startTime":881.447,"endTime":882.248,"body":"on the global map."},{"speaker":"Alanna Farro","startTime":882.681,"endTime":883.749,"body":"Learn why Korea has"},{"speaker":"Alanna Farro","startTime":883.749,"endTime":884.95,"body":"become a clinical trial"},{"speaker":"Alanna Farro","startTime":885.017,"endTime":886.085,"body":"in manufacturing hub."},{"speaker":"Alanna Farro","startTime":886.418,"endTime":888.153,"body":"Discover if Korea is the next"},{"speaker":"Alanna Farro","startTime":888.153,"endTime":889.855,"body":"hotspot for NewCo formation."},{"speaker":"Alanna Farro","startTime":890.155,"endTime":891.19,"body":"Plus, meet biopharma"},{"speaker":"Alanna Farro","startTime":891.19,"endTime":892.658,"body":"innovators from India to"},{"speaker":"Alanna Farro","startTime":892.658,"endTime":894.493,"body":"Singapore, to China and Japan."},{"speaker":"Alanna Farro","startTime":894.994,"endTime":895.895,"body":"Register now at"},{"speaker":"Alanna Farro","startTime":895.895,"endTime":897.529,"body":"BioCenturyEastWest.com."},{"speaker":"Jeff Cranmer","startTime":903.402,"endTime":904.57,"body":"We are back on the"},{"speaker":"Jeff Cranmer","startTime":904.57,"endTime":907.873,"body":"BioCentury This Week podcast."},{"speaker":"Jeff Cranmer","startTime":907.873,"endTime":909.675,"body":"And just another reminder"},{"speaker":"Jeff Cranmer","startTime":909.675,"endTime":911.61,"body":"that the early bird deadline"},{"speaker":"Jeff Cranmer","startTime":911.61,"endTime":913.679,"body":"for East-West ends this"},{"speaker":"Jeff Cranmer","startTime":913.679,"endTime":915.18,"body":"Friday, January 9th."},{"speaker":"Jeff Cranmer","startTime":915.714,"endTime":917.616,"body":"So reach out to us."},{"speaker":"Jeff Cranmer","startTime":917.616,"endTime":918.384,"body":"We'd love to tell you"},{"speaker":"Jeff Cranmer","startTime":918.384,"endTime":919.685,"body":"more about the conference."},{"speaker":"Jeff Cranmer","startTime":920.519,"endTime":922.154,"body":"Simone, we talked a lot about"},{"speaker":"Jeff Cranmer","startTime":922.154,"endTime":924.356,"body":"what's going on in the U.S."},{"speaker":"Jeff Cranmer","startTime":924.556,"endTime":926.225,"body":"Take us a step beyond that."},{"speaker":"Simone Fishburn","startTime":927.226,"endTime":930.462,"body":"Well, thanks, Jeff."},{"speaker":"Simone Fishburn","startTime":930.462,"endTime":931.83,"body":"to be thinking more globally"},{"speaker":"Simone Fishburn","startTime":931.83,"endTime":933.299,"body":"than the US right now, and"},{"speaker":"Simone Fishburn","startTime":933.299,"endTime":935.968,"body":"there are many reasons for that."},{"speaker":"Simone Fishburn","startTime":936.035,"endTime":937.403,"body":"First of all, I think"},{"speaker":"Simone Fishburn","startTime":937.403,"endTime":939.004,"body":"that, no conversation in"},{"speaker":"Simone Fishburn","startTime":939.004,"endTime":940.439,"body":"biotech is complete without"},{"speaker":"Simone Fishburn","startTime":940.439,"endTime":941.707,"body":"talking about China."},{"speaker":"Simone Fishburn","startTime":942.107,"endTime":943.042,"body":"BioCentury has been"},{"speaker":"Simone Fishburn","startTime":943.042,"endTime":944.009,"body":"talking about China"},{"speaker":"Simone Fishburn","startTime":944.009,"endTime":945.11,"body":"for a long while now."},{"speaker":"Simone Fishburn","startTime":945.477,"endTime":947.079,"body":"Frankly, I would be delighted"},{"speaker":"Simone Fishburn","startTime":947.079,"endTime":949.348,"body":"if I could go the entire 2026"},{"speaker":"Simone Fishburn","startTime":949.581,"endTime":951.383,"body":"without somebody telling me that"},{"speaker":"Simone Fishburn","startTime":951.583,"endTime":952.918,"body":"the quality of the data from"},{"speaker":"Simone Fishburn","startTime":952.918,"endTime":954.753,"body":"China isn't really that good."},{"speaker":"Simone Fishburn","startTime":954.787,"endTime":956.021,"body":"It's nonsense, and that"},{"speaker":"Simone Fishburn","startTime":956.021,"endTime":956.689,"body":"they don't really do"},{"speaker":"Simone Fishburn","startTime":956.689,"endTime":958.524,"body":"innovation, that's nonsense."},{"speaker":"Simone Fishburn","startTime":958.524,"endTime":959.391,"body":"It's nonsense."},{"speaker":"Simone Fishburn","startTime":959.391,"endTime":961.76,"body":"It ignores the very reality"},{"speaker":"Simone Fishburn","startTime":961.76,"endTime":963.529,"body":"that China biotech is becoming"},{"speaker":"Simone Fishburn","startTime":963.529,"endTime":965.03,"body":"more and more innovative and"},{"speaker":"Simone Fishburn","startTime":965.03,"endTime":967.433,"body":"sophisticated this is partly"},{"speaker":"Simone Fishburn","startTime":967.433,"endTime":968.968,"body":"because they are investing"},{"speaker":"Simone Fishburn","startTime":969.134,"endTime":971.337,"body":"as we are not in the US in"},{"speaker":"Simone Fishburn","startTime":971.337,"endTime":972.771,"body":"their life sciences sector."},{"speaker":"Simone Fishburn","startTime":973.005,"endTime":974.239,"body":"Having talked about investing"},{"speaker":"Simone Fishburn","startTime":974.239,"endTime":976.442,"body":"in the life sciences sector, you"},{"speaker":"Simone Fishburn","startTime":976.442,"endTime":978.777,"body":"can see other parts of the world"},{"speaker":"Simone Fishburn","startTime":979.011,"endTime":980.713,"body":"really seeing that as an area"},{"speaker":"Simone Fishburn","startTime":980.713,"endTime":983.849,"body":"to grow the U.K., Europe, we'll"},{"speaker":"Simone Fishburn","startTime":983.849,"endTime":985.384,"body":"talk a little bit about Europe."},{"speaker":"Simone Fishburn","startTime":985.751,"endTime":987.252,"body":"And now as BioCentury's"},{"speaker":"Simone Fishburn","startTime":987.252,"endTime":988.787,"body":"conferences reflect,"},{"speaker":"Simone Fishburn","startTime":988.921,"endTime":990.322,"body":"South Korea is quite often"},{"speaker":"Simone Fishburn","startTime":990.322,"endTime":991.724,"body":"mentioned as another place"},{"speaker":"Simone Fishburn","startTime":991.724,"endTime":994.193,"body":"for early clinical trials."},{"speaker":"Simone Fishburn","startTime":994.226,"endTime":995.794,"body":"Uh, Australia Long has been"},{"speaker":"Simone Fishburn","startTime":995.794,"endTime":998.23,"body":"one, and this idea of getting"},{"speaker":"Simone Fishburn","startTime":998.63,"endTime":1001.033,"body":"early clinical data fast is"},{"speaker":"Simone Fishburn","startTime":1001.033,"endTime":1002.568,"body":"becoming more and more important"},{"speaker":"Simone Fishburn","startTime":1002.568,"endTime":1005.838,"body":"in biotech and the US is not"},{"speaker":"Simone Fishburn","startTime":1005.838,"endTime":1007.406,"body":"really putting itself as the"},{"speaker":"Simone Fishburn","startTime":1007.406,"endTime":1008.974,"body":"destination to enable that."},{"speaker":"Simone Fishburn","startTime":1009.375,"endTime":1011.31,"body":"So we saw this in our survey,"},{"speaker":"Simone Fishburn","startTime":1011.31,"endTime":1013.679,"body":"many people saying, actually we"},{"speaker":"Simone Fishburn","startTime":1013.679,"endTime":1016.482,"body":"are handling FDA risk by taking"},{"speaker":"Simone Fishburn","startTime":1016.482,"endTime":1018.117,"body":"our clinical trials overseas."},{"speaker":"Simone Fishburn","startTime":1018.984,"endTime":1020.285,"body":"I also wanna talk a little"},{"speaker":"Simone Fishburn","startTime":1020.285,"endTime":1021.687,"body":"bit about innovation, but here"},{"speaker":"Simone Fishburn","startTime":1021.687,"endTime":1022.855,"body":"is where I'm gonna throw to"},{"speaker":"Simone Fishburn","startTime":1022.855,"endTime":1024.957,"body":"you, Jeff, because what we see"},{"speaker":"Simone Fishburn","startTime":1024.957,"endTime":1026.225,"body":"is  several other areas of the"},{"speaker":"Simone Fishburn","startTime":1026.225,"endTime":1027.726,"body":"world that have been sort of"},{"speaker":"Simone Fishburn","startTime":1027.826,"endTime":1029.128,"body":"dormant for a while, that have"},{"speaker":"Simone Fishburn","startTime":1029.128,"endTime":1031.23,"body":"not really seen, I mean, China"},{"speaker":"Simone Fishburn","startTime":1031.23,"endTime":1032.598,"body":"was like this to some degree."},{"speaker":"Simone Fishburn","startTime":1032.598,"endTime":1033.699,"body":"No one really saw it as a"},{"speaker":"Simone Fishburn","startTime":1033.699,"endTime":1035.367,"body":"threat until it was, or an"},{"speaker":"Simone Fishburn","startTime":1035.367,"endTime":1036.935,"body":"opportunity if you prefer."},{"speaker":"Simone Fishburn","startTime":1037.269,"endTime":1038.57,"body":"And so you've done a, a"},{"speaker":"Simone Fishburn","startTime":1038.57,"endTime":1040.172,"body":"recent large piece that I"},{"speaker":"Simone Fishburn","startTime":1040.172,"endTime":1041.14,"body":"want you to talk about in"},{"speaker":"Simone Fishburn","startTime":1041.14,"endTime":1043.575,"body":"Japan, which I think everybody"},{"speaker":"Simone Fishburn","startTime":1043.575,"endTime":1045.244,"body":"knows, has a sort of Japan"},{"speaker":"Simone Fishburn","startTime":1045.244,"endTime":1048.08,"body":"pharma very strong foothold."},{"speaker":"Simone Fishburn","startTime":1048.28,"endTime":1050.015,"body":"But nobody had, has really,"},{"speaker":"Simone Fishburn","startTime":1050.349,"endTime":1051.483,"body":"they've never really managed"},{"speaker":"Simone Fishburn","startTime":1051.483,"endTime":1053.519,"body":"to foster a biotech ecosystem."},{"speaker":"Simone Fishburn","startTime":1053.519,"endTime":1055.087,"body":"But you seem to find that"},{"speaker":"Simone Fishburn","startTime":1055.087,"endTime":1056.055,"body":"that's changing, right?"},{"speaker":"Simone Fishburn","startTime":1056.388,"endTime":1056.622,"body":"Jeff?"},{"speaker":"Simone Fishburn","startTime":1056.622,"endTime":1057.289,"body":"Tell us about that."},{"speaker":"Jeff Cranmer","startTime":1057.823,"endTime":1058.424,"body":"Yes, Simone."},{"speaker":"Jeff Cranmer","startTime":1058.424,"endTime":1059.124,"body":"Thanks for that."},{"speaker":"Jeff Cranmer","startTime":1059.425,"endTime":1061.76,"body":"Japan, has long been a source"},{"speaker":"Jeff Cranmer","startTime":1061.76,"endTime":1064.363,"body":"of innovation, in biopharma"},{"speaker":"Jeff Cranmer","startTime":1064.363,"endTime":1066.098,"body":"behind the U.S. it's the"},{"speaker":"Jeff Cranmer","startTime":1066.098,"endTime":1068.4,"body":"number two country of origin"},{"speaker":"Jeff Cranmer","startTime":1068.4,"endTime":1070.636,"body":"for blockbuster drugs, after"},{"speaker":"Jeff Cranmer","startTime":1070.636,"endTime":1072.905,"body":"the U.S. But unlike the US"},{"speaker":"Jeff Cranmer","startTime":1072.905,"endTime":1074.373,"body":"all those blockbusters have"},{"speaker":"Jeff Cranmer","startTime":1074.373,"endTime":1075.874,"body":"come from Japanese pharma,"},{"speaker":"Jeff Cranmer","startTime":1075.874,"endTime":1077.209,"body":"as,  you kind of alluded to"},{"speaker":"Jeff Cranmer","startTime":1077.209,"endTime":1079.445,"body":"there, and not the biotech."},{"speaker":"Jeff Cranmer","startTime":1079.845,"endTime":1084.183,"body":"Um, talk to a lot of VCs"},{"speaker":"Jeff Cranmer","startTime":1084.216,"endTime":1086.852,"body":"from Japan and the US"},{"speaker":"Jeff Cranmer","startTime":1086.852,"endTime":1089.688,"body":"including, uh, Ken Horne of"},{"speaker":"Jeff Cranmer","startTime":1089.922,"endTime":1092.324,"body":"AN Venture Partners, Robert"},{"speaker":"Jeff Cranmer","startTime":1092.324,"endTime":1094.793,"body":"Weisskoff of F-Prime Capital."},{"speaker":"Jeff Cranmer","startTime":1094.793,"endTime":1096.562,"body":"Both, have been going to"},{"speaker":"Jeff Cranmer","startTime":1096.562,"endTime":1098.363,"body":"Japan for a very long time."},{"speaker":"Jeff Cranmer","startTime":1098.664,"endTime":1100.566,"body":"And what they've been saying is"},{"speaker":"Jeff Cranmer","startTime":1100.566,"endTime":1102.568,"body":"that they just have felt like"},{"speaker":"Jeff Cranmer","startTime":1102.568,"endTime":1104.269,"body":"the science is spectacular,"},{"speaker":"Jeff Cranmer","startTime":1104.369,"endTime":1105.304,"body":"but there's sort of this"},{"speaker":"Jeff Cranmer","startTime":1105.304,"endTime":1107.106,"body":"been this missed opportunity."},{"speaker":"Jeff Cranmer","startTime":1107.106,"endTime":1109.041,"body":"And part of that is because"},{"speaker":"Jeff Cranmer","startTime":1109.241,"endTime":1110.709,"body":"everyone sort of, I think"},{"speaker":"Jeff Cranmer","startTime":1110.709,"endTime":1112.544,"body":"knows there's sort of, Japan's"},{"speaker":"Jeff Cranmer","startTime":1112.544,"endTime":1115.147,"body":"reputation is a bit risk off."},{"speaker":"Jeff Cranmer","startTime":1115.38,"endTime":1116.515,"body":"there's the sort of the"},{"speaker":"Jeff Cranmer","startTime":1116.515,"endTime":1118.217,"body":"stereotype of the salary man,"},{"speaker":"Jeff Cranmer","startTime":1118.217,"endTime":1119.985,"body":"you join one company for life."},{"speaker":"Jeff Cranmer","startTime":1120.219,"endTime":1121.12,"body":"Uh, it's kind of the"},{"speaker":"Jeff Cranmer","startTime":1121.12,"endTime":1123.222,"body":"antithesis of that biotech"},{"speaker":"Jeff Cranmer","startTime":1123.255,"endTime":1124.756,"body":"entrepreneurial spirit."},{"speaker":"Jeff Cranmer","startTime":1125.023,"endTime":1127.159,"body":"And yet, all along there's been"},{"speaker":"Jeff Cranmer","startTime":1127.159,"endTime":1129.094,"body":"this great science coming out"},{"speaker":"Jeff Cranmer","startTime":1129.094,"endTime":1131.897,"body":"of Kyoto, out of Tokyo, out of"},{"speaker":"Jeff Cranmer","startTime":1132.164,"endTime":1134.199,"body":"Osaka the universities there."},{"speaker":"Jeff Cranmer","startTime":1134.466,"endTime":1137.136,"body":"And they sort of go into these,"},{"speaker":"Jeff Cranmer","startTime":1137.202,"endTime":1138.47,"body":"or they have been going into"},{"speaker":"Jeff Cranmer","startTime":1138.47,"endTime":1140.172,"body":"these biotechs that they aren't"},{"speaker":"Jeff Cranmer","startTime":1140.172,"endTime":1141.807,"body":"necessarily set up to fail, but"},{"speaker":"Jeff Cranmer","startTime":1141.807,"endTime":1143.909,"body":"they're not set up to succeed."},{"speaker":"Jeff Cranmer","startTime":1143.909,"endTime":1145.41,"body":"They're undercapitalized,"},{"speaker":"Jeff Cranmer","startTime":1145.677,"endTime":1147.779,"body":"they're led by academics, and"},{"speaker":"Jeff Cranmer","startTime":1147.779,"endTime":1149.214,"body":"they, they've sort of lacked"},{"speaker":"Jeff Cranmer","startTime":1149.481,"endTime":1151.15,"body":"the knowhow, the, the, the"},{"speaker":"Jeff Cranmer","startTime":1151.15,"endTime":1154.653,"body":"management, uh, knowhow, the VC"},{"speaker":"Jeff Cranmer","startTime":1154.653,"endTime":1157.756,"body":"leadership to get the innovation"},{"speaker":"Jeff Cranmer","startTime":1157.756,"endTime":1160.926,"body":"into proper sized biotechs."},{"speaker":"Simone Fishburn","startTime":1161.493,"endTime":1162.094,"body":"Yeah, Jeff."},{"speaker":"Simone Fishburn","startTime":1162.261,"endTime":1163.529,"body":"I think most people know that"},{"speaker":"Simone Fishburn","startTime":1163.529,"endTime":1165.097,"body":"Japan's behind the Seminole"},{"speaker":"Simone Fishburn","startTime":1165.097,"endTime":1166.899,"body":"PD ones and many of the other"},{"speaker":"Simone Fishburn","startTime":1166.899,"endTime":1168.567,"body":"big breakthroughs, but I think"},{"speaker":"Simone Fishburn","startTime":1168.567,"endTime":1169.968,"body":"we also know from things like"},{"speaker":"Simone Fishburn","startTime":1169.968,"endTime":1171.603,"body":"Nobel Prize that, you know,"},{"speaker":"Simone Fishburn","startTime":1171.603,"endTime":1172.938,"body":"on the technology front,"},{"speaker":"Simone Fishburn","startTime":1172.971,"endTime":1174.673,"body":"they've, they've in fact been"},{"speaker":"Simone Fishburn","startTime":1175.007,"endTime":1176.742,"body":"pioneering areas like stem"},{"speaker":"Simone Fishburn","startTime":1176.742,"endTime":1178.644,"body":"cells and that kind of research."},{"speaker":"Simone Fishburn","startTime":1179.044,"endTime":1180.579,"body":"So maybe you can just talk"},{"speaker":"Simone Fishburn","startTime":1180.579,"endTime":1182.347,"body":"about, I think what's really,"},{"speaker":"Simone Fishburn","startTime":1182.381,"endTime":1183.649,"body":"we've had the academics,"},{"speaker":"Simone Fishburn","startTime":1183.715,"endTime":1184.583,"body":"we've, we've got the sort of"},{"speaker":"Simone Fishburn","startTime":1184.583,"endTime":1185.684,"body":"know-how from the pharmas."},{"speaker":"Simone Fishburn","startTime":1185.951,"endTime":1186.785,"body":"Obviously what's been"},{"speaker":"Simone Fishburn","startTime":1186.818,"endTime":1188.453,"body":"lacking is capital, right."},{"speaker":"Simone Fishburn","startTime":1188.687,"endTime":1191.056,"body":"And so VCs, so just maybe"},{"speaker":"Simone Fishburn","startTime":1191.123,"endTime":1193.091,"body":"briefly just talk about, do you"},{"speaker":"Simone Fishburn","startTime":1193.091,"endTime":1195.427,"body":"have sort of numbers of the way"},{"speaker":"Simone Fishburn","startTime":1195.427,"endTime":1197.062,"body":"that that picture is changing"},{"speaker":"Simone Fishburn","startTime":1197.329,"endTime":1198.764,"body":"in terms of Japan being seen"},{"speaker":"Simone Fishburn","startTime":1198.764,"endTime":1200.032,"body":"as an investment opportunity?"},{"speaker":"Jeff Cranmer","startTime":1200.299,"endTime":1201.066,"body":"Yeah, I mean,"},{"speaker":"Jeff Cranmer","startTime":1201.166,"endTime":1202.568,"body":"um, in terms of numbers,"},{"speaker":"Jeff Cranmer","startTime":1202.568,"endTime":1203.902,"body":"we're starting to see some"},{"speaker":"Jeff Cranmer","startTime":1203.902,"endTime":1205.204,"body":"really large funds, um."},{"speaker":"Jeff Cranmer","startTime":1205.737,"endTime":1208.24,"body":"AN Ventures has just raised the"},{"speaker":"Jeff Cranmer","startTime":1208.24,"endTime":1210.909,"body":"largest Japan dedicated fund."},{"speaker":"Jeff Cranmer","startTime":1211.443,"endTime":1213.145,"body":"You have longtime players"},{"speaker":"Jeff Cranmer","startTime":1213.145,"endTime":1214.58,"body":"such as University of Tokyo."},{"speaker":"Jeff Cranmer","startTime":1215.514,"endTime":1217.649,"body":"Edge Capital Partners, which"},{"speaker":"Jeff Cranmer","startTime":1217.649,"endTime":1220.319,"body":"launched in 2004, billion"},{"speaker":"Jeff Cranmer","startTime":1220.319,"endTime":1221.82,"body":"dollars in assets under"},{"speaker":"Jeff Cranmer","startTime":1221.82,"endTime":1224.389,"body":"management, just raised a"},{"speaker":"Jeff Cranmer","startTime":1224.389,"endTime":1228.293,"body":"$326 million sixth fund."},{"speaker":"Jeff Cranmer","startTime":1228.727,"endTime":1231.029,"body":"And this is coupled by a"},{"speaker":"Jeff Cranmer","startTime":1231.029,"endTime":1234.233,"body":"lot of capital support from"},{"speaker":"Jeff Cranmer","startTime":1234.233,"endTime":1235.534,"body":"the Japanese government."},{"speaker":"Jeff Cranmer","startTime":1235.534,"endTime":1237.269,"body":"They have a two for one"},{"speaker":"Jeff Cranmer","startTime":1237.269,"endTime":1240.272,"body":"matching program for programs"},{"speaker":"Jeff Cranmer","startTime":1240.472,"endTime":1243.609,"body":"backed by accredited VCs."},{"speaker":"Jeff Cranmer","startTime":1244.009,"endTime":1245.344,"body":"And I I, I think the last"},{"speaker":"Jeff Cranmer","startTime":1245.344,"endTime":1246.211,"body":"point I wanna make, the,"},{"speaker":"Jeff Cranmer","startTime":1246.211,"endTime":1247.546,"body":"the one thing that I found"},{"speaker":"Jeff Cranmer","startTime":1247.546,"endTime":1248.814,"body":"really interesting is the"},{"speaker":"Jeff Cranmer","startTime":1248.847,"endTime":1250.249,"body":"sort of the new strategies"},{"speaker":"Jeff Cranmer","startTime":1250.249,"endTime":1251.516,"body":"that are taking place there."},{"speaker":"Jeff Cranmer","startTime":1251.783,"endTime":1253.785,"body":"One, you have some companies"},{"speaker":"Jeff Cranmer","startTime":1253.785,"endTime":1256.421,"body":"like Fast Track Initiative,"},{"speaker":"Jeff Cranmer","startTime":1256.688,"endTime":1259.791,"body":"and Remiges Ventures."},{"speaker":"Jeff Cranmer","startTime":1260.192,"endTime":1261.426,"body":"Both are building"},{"speaker":"Jeff Cranmer","startTime":1261.426,"endTime":1263.662,"body":"companies, based on IP"},{"speaker":"Jeff Cranmer","startTime":1263.662,"endTime":1266.365,"body":"from Japanese Academia."},{"speaker":"Jeff Cranmer","startTime":1266.665,"endTime":1269.167,"body":"Remiges is deploying sort of"},{"speaker":"Jeff Cranmer","startTime":1269.167,"endTime":1270.769,"body":"an incubator model that it"},{"speaker":"Jeff Cranmer","startTime":1270.769,"endTime":1272.904,"body":"launched, uh, five years ago,"},{"speaker":"Jeff Cranmer","startTime":1273.138,"endTime":1275.307,"body":"where the firm's R Discovery"},{"speaker":"Jeff Cranmer","startTime":1275.307,"endTime":1277.075,"body":"unit kind of handles the nuts"},{"speaker":"Jeff Cranmer","startTime":1277.075,"endTime":1278.944,"body":"and bolts that, that generally"},{"speaker":"Jeff Cranmer","startTime":1278.944,"endTime":1280.846,"body":"trip up young biotechs."},{"speaker":"Jeff Cranmer","startTime":1281.146,"endTime":1283.148,"body":"Brings each project forth"},{"speaker":"Jeff Cranmer","startTime":1283.148,"endTime":1284.583,"body":"until the point at which"},{"speaker":"Jeff Cranmer","startTime":1284.816,"endTime":1286.752,"body":"they can attract capital"},{"speaker":"Jeff Cranmer","startTime":1286.752,"endTime":1288.186,"body":"and sort of leave the nest."},{"speaker":"Jeff Cranmer","startTime":1288.52,"endTime":1289.488,"body":"And then you have F-Prime,"},{"speaker":"Jeff Cranmer","startTime":1290.322,"endTime":1293.292,"body":"you have ANV among others."},{"speaker":"Jeff Cranmer","startTime":1293.625,"endTime":1296.228,"body":"who are starting to build"},{"speaker":"Jeff Cranmer","startTime":1296.228,"endTime":1298.23,"body":"companies that, that marry,"},{"speaker":"Jeff Cranmer","startTime":1298.43,"endTime":1301.6,"body":"venture money and management"},{"speaker":"Jeff Cranmer","startTime":1301.6,"endTime":1304.703,"body":"chops from the US with Japanese"},{"speaker":"Jeff Cranmer","startTime":1304.703,"endTime":1307.372,"body":"innovation, and are building"},{"speaker":"Jeff Cranmer","startTime":1307.372,"endTime":1308.64,"body":"these companies that are,"},{"speaker":"Jeff Cranmer","startTime":1308.874,"endTime":1310.042,"body":"you know, right from the"},{"speaker":"Jeff Cranmer","startTime":1310.042,"endTime":1313.512,"body":"get go, global cross border"},{"speaker":"Jeff Cranmer","startTime":1313.779,"endTime":1316.048,"body":"companies that, have one foot"},{"speaker":"Jeff Cranmer","startTime":1316.281,"endTime":1319.017,"body":"in Japan, one foot in the U.S."},{"speaker":"Jeff Cranmer","startTime":1319.284,"endTime":1322.22,"body":"leveraging the inexpensive R\u0026D."},{"speaker":"Jeff Cranmer","startTime":1323.288,"endTime":1325.157,"body":"capabilities and talents,"},{"speaker":"Jeff Cranmer","startTime":1325.324,"endTime":1326.992,"body":"and innovation out of Japan"},{"speaker":"Jeff Cranmer","startTime":1327.225,"endTime":1329.928,"body":"with, C-Suites from the U.S."},{"speaker":"Simone Fishburn","startTime":1330.529,"endTime":1330.929,"body":"I think it's"},{"speaker":"Simone Fishburn","startTime":1330.929,"endTime":1332.264,"body":"super interesting, especially"},{"speaker":"Simone Fishburn","startTime":1332.264,"endTime":1333.332,"body":"when you hear things like for"},{"speaker":"Simone Fishburn","startTime":1333.332,"endTime":1334.633,"body":"F-Prime, a lot of the western"},{"speaker":"Simone Fishburn","startTime":1334.633,"endTime":1335.901,"body":"investors going in there."},{"speaker":"Simone Fishburn","startTime":1336.268,"endTime":1337.135,"body":"I'm gonna come back to"},{"speaker":"Simone Fishburn","startTime":1337.135,"endTime":1338.37,"body":"Europe, bring the conversation"},{"speaker":"Simone Fishburn","startTime":1338.37,"endTime":1339.705,"body":"back to Europe in a minute."},{"speaker":"Simone Fishburn","startTime":1339.938,"endTime":1341.373,"body":"But I wanna make this point"},{"speaker":"Simone Fishburn","startTime":1341.373,"endTime":1342.607,"body":"because it's really important"},{"speaker":"Simone Fishburn","startTime":1342.607,"endTime":1343.909,"body":"to BioCentury and it's one of"},{"speaker":"Simone Fishburn","startTime":1343.909,"endTime":1346.044,"body":"the reasons why we were in China"},{"speaker":"Simone Fishburn","startTime":1346.044,"endTime":1348.013,"body":"very early, really seeing the"},{"speaker":"Simone Fishburn","startTime":1348.113,"endTime":1349.648,"body":"opportunity there because we do"},{"speaker":"Simone Fishburn","startTime":1349.648,"endTime":1351.049,"body":"believe that this is a global"},{"speaker":"Simone Fishburn","startTime":1351.249,"endTime":1353.518,"body":"business and biotech is a global"},{"speaker":"Simone Fishburn","startTime":1353.518,"endTime":1355.954,"body":"business, so we do hold our"},{"speaker":"Simone Fishburn","startTime":1355.954,"endTime":1358.457,"body":"conferences in these different"},{"speaker":"Simone Fishburn","startTime":1358.457,"endTime":1359.891,"body":"regions of the world so that"},{"speaker":"Simone Fishburn","startTime":1359.891,"endTime":1361.293,"body":"we can shine a light on that."},{"speaker":"Simone Fishburn","startTime":1361.526,"endTime":1362.861,"body":"I think the South Korea,"},{"speaker":"Simone Fishburn","startTime":1362.861,"endTime":1364.796,"body":"the conference in Seoul, The"},{"speaker":"Simone Fishburn","startTime":1364.796,"endTime":1366.465,"body":"East-West, which is in March,"},{"speaker":"Simone Fishburn","startTime":1366.498,"endTime":1368.3,"body":"is gonna be super interesting."},{"speaker":"Simone Fishburn","startTime":1368.5,"endTime":1370.302,"body":"It does aggregate, or"},{"speaker":"Simone Fishburn","startTime":1370.302,"endTime":1371.636,"body":"congregate, I should actually"},{"speaker":"Simone Fishburn","startTime":1371.636,"endTime":1373.705,"body":"say, innovators and investors"},{"speaker":"Simone Fishburn","startTime":1373.705,"endTime":1375.207,"body":"from other regions, but it also"},{"speaker":"Simone Fishburn","startTime":1375.207,"endTime":1376.641,"body":"shines a spotlight on that."},{"speaker":"Simone Fishburn","startTime":1377.042,"endTime":1377.943,"body":"And bringing it back to"},{"speaker":"Simone Fishburn","startTime":1377.943,"endTime":1378.81,"body":"Europe this year, we're"},{"speaker":"Simone Fishburn","startTime":1378.81,"endTime":1379.911,"body":"actually in Prague, who"},{"speaker":"Simone Fishburn","startTime":1379.911,"endTime":1380.712,"body":"doesn't wanna go to lovely"},{"speaker":"Simone Fishburn","startTime":1380.712,"endTime":1383.482,"body":"Prague for Bio€quity in May."},{"speaker":"Simone Fishburn","startTime":1383.682,"endTime":1385.717,"body":"But I feel that, obviously"},{"speaker":"Simone Fishburn","startTime":1385.717,"endTime":1387.386,"body":"I talk a lot about the U.K."},{"speaker":"Simone Fishburn","startTime":1387.386,"endTime":1389.287,"body":"and um, I know the U.K. as a,"},{"speaker":"Simone Fishburn","startTime":1389.287,"endTime":1391.223,"body":"as a nation financially has"},{"speaker":"Simone Fishburn","startTime":1391.223,"endTime":1392.457,"body":"a lot of problems right now."},{"speaker":"Simone Fishburn","startTime":1392.457,"endTime":1394.092,"body":"But everything that I listen to"},{"speaker":"Simone Fishburn","startTime":1394.092,"endTime":1395.761,"body":"and read talks about investment"},{"speaker":"Simone Fishburn","startTime":1395.761,"endTime":1397.896,"body":"in the life sciences sector."},{"speaker":"Simone Fishburn","startTime":1398.063,"endTime":1399.164,"body":"And Steve, I think you were"},{"speaker":"Simone Fishburn","startTime":1399.164,"endTime":1400.899,"body":"early earlier talking about the"},{"speaker":"Simone Fishburn","startTime":1400.899,"endTime":1403.268,"body":"European Union making a plane"},{"speaker":"Simone Fishburn","startTime":1403.268,"endTime":1405.47,"body":"now recognizing the opportunity"},{"speaker":"Simone Fishburn","startTime":1405.737,"endTime":1408.74,"body":"as the US makes it hard to do"},{"speaker":"Simone Fishburn","startTime":1408.74,"endTime":1410.308,"body":"innovation, at least from a"},{"speaker":"Simone Fishburn","startTime":1410.308,"endTime":1412.644,"body":"public investment point of view."},{"speaker":"Simone Fishburn","startTime":1412.844,"endTime":1414.546,"body":"And you know, Europe seems"},{"speaker":"Simone Fishburn","startTime":1414.546,"endTime":1416.148,"body":"to be seeing that opportunity"},{"speaker":"Simone Fishburn","startTime":1416.381,"endTime":1418.016,"body":"in terms of both investment"},{"speaker":"Simone Fishburn","startTime":1418.016,"endTime":1419.317,"body":"and attracting talent."},{"speaker":"Simone Fishburn","startTime":1419.484,"endTime":1420.419,"body":"Did you have any thoughts"},{"speaker":"Simone Fishburn","startTime":1420.419,"endTime":1421.286,"body":"to contribute there?"},{"speaker":"Steve Usdin","startTime":1422.32,"endTime":1422.754,"body":"Well sure."},{"speaker":"Steve Usdin","startTime":1422.754,"endTime":1424.289,"body":"Yeah, I think obviously, people"},{"speaker":"Steve Usdin","startTime":1424.389,"endTime":1425.59,"body":"in leadership positions in"},{"speaker":"Steve Usdin","startTime":1425.59,"endTime":1427.025,"body":"Europe are looking at what's"},{"speaker":"Steve Usdin","startTime":1427.025,"endTime":1428.059,"body":"happening with regulatory"},{"speaker":"Steve Usdin","startTime":1428.059,"endTime":1429.528,"body":"agencies in the United States"},{"speaker":"Steve Usdin","startTime":1429.561,"endTime":1431.263,"body":"and with science funding, and"},{"speaker":"Steve Usdin","startTime":1431.263,"endTime":1432.097,"body":"seeing if there are ways that"},{"speaker":"Steve Usdin","startTime":1432.097,"endTime":1433.365,"body":"they can capitalize on it."},{"speaker":"Steve Usdin","startTime":1433.698,"endTime":1435.5,"body":"Their high profile scientists"},{"speaker":"Steve Usdin","startTime":1435.5,"endTime":1436.601,"body":"are leaving the United States"},{"speaker":"Steve Usdin","startTime":1436.601,"endTime":1437.469,"body":"for positions in Europe."},{"speaker":"Steve Usdin","startTime":1438.37,"endTime":1440.772,"body":"The EMA leadership has invited"},{"speaker":"Steve Usdin","startTime":1440.872,"endTime":1443.175,"body":"CEOs of pharma companies for a"},{"speaker":"Steve Usdin","startTime":1443.175,"endTime":1444.943,"body":"meeting with Emer Cooke the head"},{"speaker":"Steve Usdin","startTime":1444.943,"endTime":1448.513,"body":"of EMA, and, um, with the EMA's"},{"speaker":"Steve Usdin","startTime":1448.513,"endTime":1451.049,"body":"Chief Medical Officer, in April."},{"speaker":"Steve Usdin","startTime":1451.283,"endTime":1452.717,"body":"I think that this is gonna"},{"speaker":"Steve Usdin","startTime":1452.717,"endTime":1455.02,"body":"be part of a, a larger effort"},{"speaker":"Steve Usdin","startTime":1455.22,"endTime":1456.488,"body":"for Europe to make a play"},{"speaker":"Steve Usdin","startTime":1456.488,"endTime":1458.29,"body":"for companies to invest"},{"speaker":"Steve Usdin","startTime":1458.29,"endTime":1460.492,"body":"in innovation in Europe."},{"speaker":"Steve Usdin","startTime":1460.859,"endTime":1461.66,"body":"I'm gonna be talking on"},{"speaker":"Steve Usdin","startTime":1461.66,"endTime":1462.627,"body":"the podcast next week"},{"speaker":"Steve Usdin","startTime":1462.627,"endTime":1464.429,"body":"about the Biosecure Act."},{"speaker":"Steve Usdin","startTime":1464.429,"endTime":1465.73,"body":"But I think that, you know,"},{"speaker":"Steve Usdin","startTime":1465.73,"endTime":1466.765,"body":"there, there are ways that"},{"speaker":"Steve Usdin","startTime":1466.765,"endTime":1467.966,"body":"that's going to, again, it's"},{"speaker":"Steve Usdin","startTime":1467.966,"endTime":1470.068,"body":"gonna create or could create"},{"speaker":"Steve Usdin","startTime":1470.268,"endTime":1472.037,"body":"competitive advantages for"},{"speaker":"Steve Usdin","startTime":1472.037,"endTime":1473.271,"body":"companies that in Europe that"},{"speaker":"Steve Usdin","startTime":1473.271,"endTime":1475.006,"body":"aren't necessarily subject"},{"speaker":"Steve Usdin","startTime":1475.006,"endTime":1476.641,"body":"to some of the restrictions"},{"speaker":"Steve Usdin","startTime":1476.808,"endTime":1478.143,"body":"in dealing with China that"},{"speaker":"Steve Usdin","startTime":1478.143,"endTime":1479.511,"body":"the US companies are feeling."},{"speaker":"Jeff Cranmer","startTime":1480.278,"endTime":1480.912,"body":"Well thanks"},{"speaker":"Jeff Cranmer","startTime":1480.912,"endTime":1482.38,"body":"for that, Steve, Simone,"},{"speaker":"Jeff Cranmer","startTime":1482.614,"endTime":1483.482,"body":"let's hope it's an"},{"speaker":"Jeff Cranmer","startTime":1483.482,"endTime":1485.383,"body":"exciting year for biotech."},{"speaker":"Jeff Cranmer","startTime":1485.45,"endTime":1487.185,"body":"I am, uh, confident we'll"},{"speaker":"Jeff Cranmer","startTime":1487.185,"endTime":1488.854,"body":"see a lot of great innovation"},{"speaker":"Jeff Cranmer","startTime":1488.854,"endTime":1490.956,"body":"and a lot of stories to"},{"speaker":"Jeff Cranmer","startTime":1490.956,"endTime":1493.058,"body":"watch in Europe, in Asia,"},{"speaker":"Jeff Cranmer","startTime":1493.325,"endTime":1496.461,"body":"and obviously the US as well."},{"speaker":"Jeff Cranmer","startTime":1496.828,"endTime":1498.196,"body":"You can read some of"},{"speaker":"Jeff Cranmer","startTime":1498.196,"endTime":1499.598,"body":"BioCentury's year-end"},{"speaker":"Jeff Cranmer","startTime":1499.598,"endTime":1501.466,"body":"coverage our analysts picks"},{"speaker":"Jeff Cranmer","startTime":1501.466,"endTime":1503.468,"body":"and predictions The Best of"},{"speaker":"Jeff Cranmer","startTime":1503.468,"endTime":1506.304,"body":"BioCentury, uh, Legends Lost"},{"speaker":"Jeff Cranmer","startTime":1506.304,"endTime":1508.507,"body":"looking at the scientists,"},{"speaker":"Jeff Cranmer","startTime":1508.507,"endTime":1510.308,"body":"entrepreneurs and investors"},{"speaker":"Jeff Cranmer","startTime":1510.609,"endTime":1513.111,"body":"who left their mark on"},{"speaker":"Jeff Cranmer","startTime":1513.144,"endTime":1514.613,"body":"the biotech industry."},{"speaker":"Jeff Cranmer","startTime":1514.946,"endTime":1515.814,"body":"Coming up soon, we'll have"},{"speaker":"Jeff Cranmer","startTime":1515.814,"endTime":1517.315,"body":"our annual look at the"},{"speaker":"Jeff Cranmer","startTime":1517.315,"endTime":1520.085,"body":"catalyst we are looking for"},{"speaker":"Jeff Cranmer","startTime":1520.218,"endTime":1522.42,"body":"in the coming year, as well"},{"speaker":"Jeff Cranmer","startTime":1522.42,"endTime":1525.924,"body":"as Stephen Hansen's 2026"},{"speaker":"Jeff Cranmer","startTime":1525.924,"endTime":1527.225,"body":"Public Markets Preview."},{"speaker":"Jeff Cranmer","startTime":1528.26,"endTime":1529.861,"body":"Thank you for listening."},{"speaker":"Jeff Cranmer","startTime":1529.861,"endTime":1530.762,"body":"If you like what you're"},{"speaker":"Jeff Cranmer","startTime":1530.762,"endTime":1532.931,"body":"hearing, like, subscribe,"},{"speaker":"Jeff Cranmer","startTime":1533.098,"endTime":1534.299,"body":"tell your friends about"},{"speaker":"Jeff Cranmer","startTime":1534.299,"endTime":1536.001,"body":"us, send us a question."},{"speaker":"Jeff Cranmer","startTime":1536.535,"endTime":1537.802,"body":"Kendall Square Orchestra"},{"speaker":"Jeff Cranmer","startTime":1537.802,"endTime":1539.504,"body":"provides the music for"},{"speaker":"Jeff Cranmer","startTime":1539.604,"endTime":1540.972,"body":"BioCentury This Week."},{"speaker":"Jeff Cranmer","startTime":1541.206,"endTime":1542.173,"body":"The group connects science"},{"speaker":"Jeff Cranmer","startTime":1542.173,"endTime":1543.808,"body":"and technology professionals"},{"speaker":"Jeff Cranmer","startTime":1543.942,"endTime":1545.076,"body":"and other members of the"},{"speaker":"Jeff Cranmer","startTime":1545.076,"endTime":1546.244,"body":"Greater Boston community"},{"speaker":"Jeff Cranmer","startTime":1546.244,"endTime":1547.512,"body":"to collaborate innovate and"},{"speaker":"Jeff Cranmer","startTime":1547.512,"endTime":1549.381,"body":"inspire through music, while"},{"speaker":"Jeff Cranmer","startTime":1549.381,"endTime":1550.949,"body":"supporting causes related"},{"speaker":"Jeff Cranmer","startTime":1550.949,"endTime":1553.351,"body":"to healthcare and education."}]}