How much does Joy Kong say it costs on average to take a discovery from discovery to market?

Ben GreenfieldFounder, Ben Greenfield Life

Anti-Aging Regenerative Doctor, Joy Kong, and the Stem Cell Industry

29 Nov 2024 · 1 min

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Ben Greenfield interviews Dr. Joy Kong, an anti-aging/regenerative medicine physician who describes her background (ex-psychiatrist, board-certified in psychiatry, addiction medicine, and anti-aging/regenerative medicine) and her focus on stem cell therapy. The exchange highlights Kong’s enthusiasm for stem cells and mentions industry-level challenges, notably that bringing a discovery from discovery to market costs about $2.1 billion and that tissue banks have faced bankruptcy amid regulatory requirements.

Questions this video answers

About $2.1 billion.

Chapters

Joy, how you describe yourself to people. Regenerative medicine physician. Like, if I'm sitting next to you on an airplane, how do you introduce yourself?
Like an ex psychiatrist turned into anti aging doctor, specializing in stem cell therapy. So I'm board certified in three specialties. Psychiatry, addiction medicine, and anti aging. Regenerative medicine. But ever since I got introduced to stem cell therapy, that was like, it's like someone opened up a whole new world for you. I was just blown away by the potentials of these cells in general. Just so you know, on average, to take any molecule, any discovery, from discovery to market, that process costs about $2.1 billion. And nobody has that kind of money unless you're a big drug company. Just so you're aware, and I've heard already, of tissue banks going bankrupt trying to do these studies. The FDA is requiring.