We sat down with Quang X. Pham and we genuinely did not know where to start. Retired Marine Corps helicopter pilot. Author. Keynote speaker. CEO and founder of Cadrenal Therapeutics, a NASDAQ-listed biopharmaceutical company trading under CVKD And a guy who started fishing in the Saigon River during a war.
Quangs story is one of the most remarkable we have ever heard on this show. Born in Saigon, evacuated on one of the last planes out of South Vietnam, classified as an illegal alien when he arrived in the United States, and yet he went on to fly helicopters for the Marines, write two books, and become the first American of Vietnamese heritage to lead a biotech IPO on Nasdaq. Only in America. But this episode is not just his backstory. We go deep into the FDA drug approval process, what it actually takes to get a novel drug to market, and why 17 years and over a billion dollars is not unusual before a single pill ever reaches a patient.
In this episode:
- How he escaped Saigon in 1975 as part of the less than 1% who got out, and why his father spent 12 years in a prison camp after the war ended
= Why he joined the Marine Corps to pay back his citizenship, and what a $1 million investment per pilot actually looks like
- The ER Principle from his Forbes Books release Underdog Nation, and why effort without the right result is just noise
- What Cadrenal Therapeutics does and why tecarfarin could be the answer for patients with implanted cardiac devices who have been underserved for decades
- The 17-year, billion-dollar process to get a drug approved, broken down in plain English with a baseball analogy you will not forget
- Why only 46 new drugs got approved last year and why that number is not nearly enough
- What orphan drug designation means and why it is the only reason small companies like Cadrenal can exist
- How COVID changed biotech fundraising forever and why Zoom made the road show global
- Sight fishing for cobia off Ponte Vedra Beach, wahoo sashimi the same day you catch it, and Jacksonville golf course rankings
🎙️ Listen & Subscribe:
🎧 Spotify: https://open.spotify.com/show/7JfUbSm3jdmIeBWuLYKEV0
🍎 Apple Podcasts: https://podcasts.apple.com/us/podcast/what-the-health-just-happened/id1676305326
▶️ YouTube: @whatthehealthjusthappened
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