02:09:58 · D.A. Wallach, John Coogan, Keller Cliffton, Jordi Hays
[02:09:58] S0: The the the United States FDA plays a really important function globally Globally. Yeah. Because everyone trusts us to be hard asses about drug safety and... [02:10:11] S1: And you'll see they just draft off [02:10:14] S0: of us. You know, go to a pharmacy in India. And they've got great scientists in India, but go into a pharmacy in India and roll the dice on whether the thing you're buying is what you think it is, whether the postal... All that. So the FDA I think does a really nice job keeping patients safe, making sure we trust the medicines we're getting. It's not perfect. The debate from the sort of tech libertarian wing, this goes back to Milton Friedman. Milton Friedman's view was the FDA should only clear drugs on safety and let the consumer decide whether efficacy is there. Right now, for the FDA to approve a drug, they've got to believe that the company has proven it is both safe and effective. And more effective typically than placebo. And then for the government to pay for that drug, they often want to know it's more effective than the drug it's competing with or replacing. So why spend more on something that doesn't work as well? So you know, we're in a place right now where this is being challenged by consumer health, wellness, peptides, and there are a lot of people out there buying peptides from compounding pharmacies that may not be safe, that may not be effective, probably aren't. Yeah. [02:11:25] S3: You know [02:11:25] S2: that horrible batch of DBAL. [02:11:27] S0: Yeah. What's been going on with you? How's rash?
02:11:27 · D.A. Wallach, Jordi Hays, John Coogan, Keller Cliffton
[02:11:27] S0: Yeah. What's been going on with you? How's rash? [02:11:31] S2: That's the old... No, know, but it's the OG.... Kind of sketchy pharmacy. [02:11:35] S0: We were short before you started these peptides. [02:11:38] S1: Yeah. In the leg lengthening surgery. There's been a couple things that have stacked up. [02:11:44] S0: So I wouldn't go that far. I wouldn't just let it free because the bottom line is this stuff is really complicated. Not unlike finance. Yeah. In finance everyone's trying to [02:11:57] S2: save you're saying almost peptides are like the web three of biology. [02:12:01] S0: Peptides are the hyper liquid of biotech. Right? And and it's like, I like that maybe, you know, maybe it's a good thing Sure. That perps on cal sheet [02:12:13] S1: Yeah. [02:12:13] S0: Can allow us to bet on whether you're going to uncross your legs in ten seconds. [02:12:18] S3: Mhmm. [02:12:18] S0: I know people watching at home would like to... Boom. There we go. I knew it. [02:12:23] S1: Just hit it big. [02:12:24] S0: So, you know, people can send me the cut Yeah. My PayPal. Yeah. We'll put... You'll put that up on the For screen. It's like, you know, I think it's I think it's kind of dangerous, right? And we have an FCC for a reason. Like we... Yeah. It is paternalistic. [02:12:37] S1: Yeah. [02:12:38] S0: The FDA is paternalistic. The conceit of it is Yeah. This stuff is complicated Yeah. And we don't want people to get swindled by snake oil salesmen. [02:12:46] S1: Yeah. [02:12:46] S0: And you know, peptides are, in many cases, snake oil.
02:12:46 · D.A. Wallach, John Coogan, Jordi Hays
[02:12:46] S0: And you know, peptides are, in many cases, snake oil. [02:12:50] S1: Yep. Interesting. [02:12:51] S2: So what's your stack? [02:12:53] S0: The Wolverines. We'll start with a couple Diet Cokes every morning, [02:12:57] S2: couple of fridge cigs and take it from there. Take it from there. Yeah. [02:13:00] S1: Thank you so [02:13:00] S2: much for coming on the [02:13:01] S1: show. [02:13:02] S2: This was amazing. I'm so glad we get to go to lunch right now to continue to continue. [02:13:05] S0: I'll be back next week and every week thereafter. [02:13:08] S2: You're you're always you're literally welcome any day. [02:13:10] S1: It was a real pleasure. Was fantastic. [02:13:12] S2: This was fantastic. [02:13:13] S1: Yeah. Let's close out the show. Leave us five stars on Apple Podcast and Spotify. Sign up for newsletter, tbpn.com and we will see you on Monday at the last... [02:13:20] S2: Have the best weekend of your life. Good job.