WEBVTT - Businessweek Extra- Vijay Vad (Podcast)

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<v Speaker 1>This is Bloomberg Business Week from Bloomberg Radio. I'm Jason

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<v Speaker 1>Kelly and I'm Carol Masster. Welcome to the Bloomberg Business

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<v Speaker 1>Week Extra. It's our weekly podcast bringing an in depth

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<v Speaker 1>interview you will not hear anywhere else. And this is

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<v Speaker 1>someone Jason, I know we're going to have back. Absolutely.

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<v Speaker 1>I have to say this came through a friend of

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<v Speaker 1>mine who had gone to see Dr vj vod. He's

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<v Speaker 1>a sports medicine specialist at the Hospital for Special Surgery

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<v Speaker 1>here in New York City. But man, he is a

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<v Speaker 1>big thinker in many ways, so thoughtful when he approaches

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<v Speaker 1>problems that so many of us have as athletes or

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<v Speaker 1>even just as people, like a sore back. Yeah, especially

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<v Speaker 1>something that a lot of folks are dealing with working

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<v Speaker 1>from home and just being at a computer or laptop

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<v Speaker 1>for hours on in check out our conversation. Well, you know,

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<v Speaker 1>this is sort of one of these historic events, especially

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<v Speaker 1>when it comes to healthcare. You know, we've been so

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<v Speaker 1>focused on chronic diseases. We almost thought we had infectition

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<v Speaker 1>diseases quote unquote beat but little do we know we didn't. So,

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<v Speaker 1>you know, COVID it's going to be what I call

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<v Speaker 1>one of these game changing or altering events and healthcare

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<v Speaker 1>for a long while to come. So I think telemedicine

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<v Speaker 1>is taking off. Although I haven't been involved in telemedicine,

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<v Speaker 1>it's it's really taking off. Um. And I guess if

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<v Speaker 1>the new generation likes these new technologies. Um. But I

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<v Speaker 1>think the negative part is that the patient doctor relationship,

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<v Speaker 1>you know, sort of the healing touch and the one

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<v Speaker 1>on one close interaction is definitely gonna suffer, at least

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<v Speaker 1>in the short term. Yeah, I have to say there

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<v Speaker 1>is something to that. And I've been in circumstances where

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<v Speaker 1>doctors just like, wait a minute, let's just stop for

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<v Speaker 1>a minute, what's going on, and they just pick up

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<v Speaker 1>on something, you know, in an office. And I do

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<v Speaker 1>wonder whether that gets potentially lost for some circumstance in

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<v Speaker 1>a virtual world. And I do see the benefits of

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<v Speaker 1>it in terms of the ease and the acts, especially

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<v Speaker 1>for routine things. But I do wonder, um that you

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<v Speaker 1>still have to have that face to face relationship. Well,

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<v Speaker 1>you know, definitely a lot a lot of the stuff

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<v Speaker 1>I do, especially chronic back pain is such a mind

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<v Speaker 1>body issue. The develop a report with a patient online,

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<v Speaker 1>I think is much more difficult than when you're in

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<v Speaker 1>person with them seeing them, I do I and there's

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<v Speaker 1>certain you know what told to pick up clinical pearl

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<v Speaker 1>pearls in person. That's what our training has been and

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<v Speaker 1>and I think that's where the new generation doctors that

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<v Speaker 1>are just getting trained might have a slight edge on

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<v Speaker 1>us quote unquote Oldheimer's is that you know, we're so

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<v Speaker 1>trained to be in the room tactile visual um for

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<v Speaker 1>clinical diagnosis and patient report, and I think that new

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<v Speaker 1>generation might be better at doing that online. And Dr

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<v Speaker 1>brod when when you think about whether this focus that

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<v Speaker 1>hopefully many of us have on our health and overall wellness.

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<v Speaker 1>We were having a conversation earlier in the show with

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<v Speaker 1>the c of WW International, Mindi Grossman, and she was

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<v Speaker 1>talking about she sees that in her business that it's

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<v Speaker 1>not just about weight loss, but but a more holistic approach.

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<v Speaker 1>Do you see that? First of all, do you see

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<v Speaker 1>that happening? And second of all, do you see it

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<v Speaker 1>lasting well? I think wellness is going to be the

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<v Speaker 1>next gigantic thing happening in health if you will, you know,

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<v Speaker 1>and I don't mean formal health care, but I think

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<v Speaker 1>as technologies improve, as our understanding improves and enhances. The

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<v Speaker 1>wellness segment is not just here to stay, but the

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<v Speaker 1>knowledge that we're gaining is going to give people tools

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<v Speaker 1>sort of take charge of their own wellness. And you know,

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<v Speaker 1>the prime example I give is just nutrition. I mean,

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<v Speaker 1>you know, when I trained in nineteen nineties and medicine,

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<v Speaker 1>we got fifteen hours on nutrition. And today, finally physicians

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<v Speaker 1>are woken up saying, hey, we need to pay attention

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<v Speaker 1>to what people are eating. You know, you are what

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<v Speaker 1>you eat, and this whole microbiome and what I call prebiotics,

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<v Speaker 1>which is the type of food that really enhances great

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<v Speaker 1>gut flora for great health. We're just at the beginning

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<v Speaker 1>of this um actively with a huge thing in healthcare

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<v Speaker 1>and medicine is a wellness segment and it's it's going

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<v Speaker 1>to be there to stay for the right reasons. Yeah,

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<v Speaker 1>and why did that takes out? I mean, that's fascinating

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<v Speaker 1>that there was that little training about it. Why did

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<v Speaker 1>it take so long for for medicine to come around

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<v Speaker 1>on that. Well, you know, there are many factors that

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<v Speaker 1>influence medical education. You know, there are many industrial influences,

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<v Speaker 1>pharmaceutical influences, and so you know, you have to in

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<v Speaker 1>medical training be actively thinking about how I don't get

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<v Speaker 1>boxed in. Yeah, you know the power of the prescription pad.

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<v Speaker 1>You know that means highpertension is not just taking out

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<v Speaker 1>a prescription pad and writing a pill. It's like, look,

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<v Speaker 1>here are five things you can do on your own

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<v Speaker 1>that can get real borderline high blood pressure versus giving

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<v Speaker 1>your pill. It's so true, you know. I have to

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<v Speaker 1>say my sister worked as a registered nurse and I'm

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<v Speaker 1>Royal Stone Catterying and also at MD Anderson and they

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<v Speaker 1>were doing research specifically looking at nutrition and how that

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<v Speaker 1>can help a cancer patient with all And this was

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<v Speaker 1>years ago, but it was considered like why are you

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<v Speaker 1>doing that? That sounds like kind of out there. But

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<v Speaker 1>I do feel like we're realizing maybe you know, UM

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<v Speaker 1>talked about as we we learn more about the body

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<v Speaker 1>kind of how it really works and and understanding you know,

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<v Speaker 1>the significance of truly what we put in there. I mean,

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<v Speaker 1>you know it's five old sunscript problem. You are what

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<v Speaker 1>you eat? No, no kidding. Something that you've been working

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<v Speaker 1>on I believe is it's a type of medical food

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<v Speaker 1>that helps with metabolism and basically minimizes the amount of

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<v Speaker 1>that patients have to rely on drugs, especially like in

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<v Speaker 1>a leave or other sorts of medicines that we might

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<v Speaker 1>normally use for things like arthritis. So, uh, tell me

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<v Speaker 1>how that works and how you came upon it. Well,

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<v Speaker 1>how I came upon it actually is. You know, life

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<v Speaker 1>is a personal journey. Actually, my grandmother was prescribed heavy

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<v Speaker 1>doses anti inflammatories after just a routine cataract. You know,

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<v Speaker 1>this is like thirty years ago, and she actually died

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<v Speaker 1>from a bleeding ulcer m. And you know, forty people

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<v Speaker 1>die year in our country to this day from reckless

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<v Speaker 1>anti inflammatory use. Wow. Yeah, and that's not to mention

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<v Speaker 1>these anti inflappators can cause high blood pressure in cruise,

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<v Speaker 1>risk of heart disease, kidney damage, especially in diabetics. So

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<v Speaker 1>sort of my personal mission. Of course. It took me

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<v Speaker 1>twenty some years after what happened to my grandmother, you know,

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<v Speaker 1>medical college inventing things. But I stumbled upon circuman, you know,

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<v Speaker 1>which is a turmeric extract which is very very hard

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<v Speaker 1>to absorb. But I was fortunate that I was able

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<v Speaker 1>to work with a really bright scientific team in Boston

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<v Speaker 1>who figured out how to get this curricuman into the

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<v Speaker 1>bloodstream and into the inflamed tissues. UM and so we

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<v Speaker 1>did research on it and clinical trials that showed that

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<v Speaker 1>it held up with an approximate in clinical trials for

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<v Speaker 1>near threat is. But the other big sort of serendipity

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<v Speaker 1>was that it reduced something called high sensitive CRP, which

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<v Speaker 1>is inflammation of the heart vessels so um, which was

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<v Speaker 1>a total surprise and serendipity along the on the journey

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<v Speaker 1>of trying to invent things for a better life. Um

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<v Speaker 1>and it's it's you know, the results have been fun

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<v Speaker 1>dominal and hope. It's my hope that we can get

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<v Speaker 1>decent number of people of anti inflammatories, but that give

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<v Speaker 1>them options that will do no force, do no harm. Well,

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<v Speaker 1>so help me with this because I've I've certainly tapped

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<v Speaker 1>into the Tumerican cocuman, whether it's tease and different supplements.

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<v Speaker 1>I know some other members of my family have what

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<v Speaker 1>what's your view on that versus It sounds like the

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<v Speaker 1>concentration of what you're doing is different. So just help

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<v Speaker 1>me out here a little bit. So so you know,

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<v Speaker 1>I mean, so turmeric itself, there's very little cricuman in turmeric,

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<v Speaker 1>so you would have to eat first of all, you

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<v Speaker 1>know it to tend tea spoon tablespoons of it, which

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<v Speaker 1>is not realistic. UM. And even most of the cricuman

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<v Speaker 1>today it doesn't absorb well or be there is you

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<v Speaker 1>know this whole pepper theory, I really haven't bought. You

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<v Speaker 1>put a little pepper in there and it absorbs. And

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<v Speaker 1>there are a lot of manufacturing issues with crick human

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<v Speaker 1>in general, and some of it is laced with lead,

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<v Speaker 1>some of it is impure. I mean there. We just

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<v Speaker 1>haven't had the depth, the federal government and the FDA

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<v Speaker 1>hasn't had the bread to control this and to make

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<v Speaker 1>sure you're getting what the bottle says it does. So

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<v Speaker 1>this we brought this out as a medical food. So

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<v Speaker 1>every batch of tested for purity and it comes from

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<v Speaker 1>an organic turmeric farm in India and is manufactured in

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<v Speaker 1>Westchester at the FDA facility. UM. And you know that

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<v Speaker 1>the differences that not only absorbed no bloodstream, but that

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<v Speaker 1>it has some very high bioactivity, meaning it gets inside

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<v Speaker 1>and flame tissues. And we know that because it reduces

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<v Speaker 1>this high sensitive CRP, which should only be reduced by

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<v Speaker 1>penetrating those in flame blood vessels in the heart. I

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<v Speaker 1>do wonder because dayson I talked about this a lot

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<v Speaker 1>about the medical community. You know, the pharmaceutical industry is

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<v Speaker 1>so still entrenched, and I do want or that, like

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<v Speaker 1>what you're doing, there's got to be what seemed to

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<v Speaker 1>be maybe equally or more productive ways without the negative

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<v Speaker 1>impact on the human body. And it just feels like

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<v Speaker 1>we're on the cusp of of getting there. How do

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<v Speaker 1>you see it? Yeah, Look, I think our knowledge of

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<v Speaker 1>food is medicine is enhancing, our knowledge of non drug

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<v Speaker 1>related therapies is enhancing, and so look, there's so much

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<v Speaker 1>confusion when it comes to even pharmaceuticals. A lot of

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<v Speaker 1>generics are impure, and when it comes to supplements, it's

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<v Speaker 1>like the wild Wild West. I mean their studies done

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<v Speaker 1>on supplements there, Yeah, they're they're very impurity, from zero

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<v Speaker 1>percent to n Yeah. I have to say that that's

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<v Speaker 1>an airy Jason, you and I have talked about this

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<v Speaker 1>in air. I I do agree with you that it's

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<v Speaker 1>the wild wild West. There's no oversight of it, and

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<v Speaker 1>it's a huge industry. Aste is um So only about

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<v Speaker 1>a minute left here. Dr D tell us briefly about

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<v Speaker 1>carbo plastic. I'm fascinated by this, especially because I know

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<v Speaker 1>a lot of people who have had to get their

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<v Speaker 1>knees replaced after years and years of running. So you know,

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<v Speaker 1>I have a lot of technology companies. My wife thinks

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<v Speaker 1>I've caught lightning and a bottle on this one, so um,

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<v Speaker 1>which is saying a lot. So basically we're not even

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<v Speaker 1>in the joint when we're treating the ar threatis so

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<v Speaker 1>carbro plastic. To me, it goes where the crime is

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<v Speaker 1>where the cartilage and the bone meat. And the theories

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<v Speaker 1>that the lack of blood supply from the bone to

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<v Speaker 1>the cartilage gets where of the you know, gets the

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<v Speaker 1>cartilage just start getting sluff sluffed off, which is by definition,

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<v Speaker 1>our threatis loss of cartilage. And we basically takes themselves

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<v Speaker 1>from your body and we deliver them too, whether cartilage

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<v Speaker 1>and the bone meat. It's almost like we're getting fertilizer

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<v Speaker 1>to the cartilage to get it to repair and the

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<v Speaker 1>pain to go away. And that's Dr j Vard sports

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<v Speaker 1>medicine specialists at the Hospital for Special Surgery, And I

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<v Speaker 1>got to say the things that they are working on

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<v Speaker 1>he is working on specifically in terms of really understanding

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<v Speaker 1>the body, whether it's what we eat and what goes

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<v Speaker 1>into it, or how to use the body itself to

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<v Speaker 1>make us healthier. I really feel like this is a

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<v Speaker 1>cutting edge of medicine. You've been listening to Bloomberg Business

0:12:21.000 --> 0:12:23.920
<v Speaker 1>Week Extra. You shorty tune into Bloomberg Business Week Radio

0:12:24.000 --> 0:12:27.000
<v Speaker 1>like Monday through Friday at two pm. Wall Streetimeloomberg Radio.

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<v Speaker 1>I'm here and I'm Jason Kelly. This is Bloomberg