Is Modern Medicine Built on the Wrong Incentives? | Dr David Montgomery Full Episode

This podcast honours the NHS: its people, its purpose, its power.The Visionary Podcast is Sponsored by Dietapplements – Your Pure, Clean-label Supplements: https://www.dietapplements.com/Guest - Dr David Montgomery | Co-Founder & Director at PM Life Sciences ConsultingDr David Montgomery is a medical doctor with experience across the pharmaceutical industry, the NHS, and the charity sector, with a strong interest in healthcare policy and market access. Passionate about improving how the healthcare system works and bringing people together to drive positive change, he co-founded PM Life Sciences with Dr Sheuli Porkess to support small healthcare companies, startups, and biotech organisations to commercialise innovation and overcome policy barriers to better health outcomes.Host/Podcaster: Hala AliChapters:00:00:00 Introduction: The Visionary Podcast 00:01:21 What is a Pharmaceutical Physician? 00:02:34 From Surgeon to Pharma: A Journey in Oncology 00:04:48 The Financial Tension Between the NHS and Pharma 00:06:56 The Billion Dollar Cost of Developing New Medicines 00:09:41 Branded vs. Generic Medicines: Keeping Costs Down 00:11:43 How NICE Assesses Cost-Effectiveness 00:18:31 Regulatory Safety: Learning from the Thalidomide Tragedy 00:21:25 Overcoming Delays in Drug Approval and Uptake 00:30:45 The History and Impact of the Cancer Drugs Fund 00:40:00 Digital Innovation and the Potential of the NHS App 01:00:21 The Serendipity of Discovery: Penicillin and Antibiotics 01:05:54 Understanding the "Quality Adjusted Life Year" (QALY) 01:53:02 The Ethics of Assisted Dying Legislation 03:07:38 Future Vision: AI, Quantum Computing, and Gene EditingFollow :Website - https://www.pmlifesciences.com/LinkedIn - https://www.linkedin.com/in/david-montgomery-ba374025/Explore the podcast: https://www.youtube.com/playlist?list=PLeFXRuOQ6z8r12D9L8f0lyOYAxdOZRWzYMusic: Chopin - Piano Concerto no. 1 in E minor, Op. 11 - III. Rondo – Vivace (String Quintet arr.)Disclaimer: The Visionary Podcast features conversations with health professionals purely for educational and informational purposes. There is no financial exchange between the podcast and its guests. All views expressed are those of the health professionals and do not constitute medical advice.