1 00:00:03,120 --> 00:00:06,519 Speaker 1: Global business news twenty four hours a day. If Bloomberg 2 00:00:06,559 --> 00:00:09,640 Speaker 1: dot Com, the radio plus mobile APT and on your radio. 3 00:00:09,920 --> 00:00:14,320 Speaker 1: This is a Broomberg business flash from Bloomberg World Handquarters. 4 00:00:14,360 --> 00:00:18,040 Speaker 1: I'm Charlie, Peta dal the SMP, Nestack or all Trading Laurel. 5 00:00:18,079 --> 00:00:20,560 Speaker 1: Let's head right over to the first word breaking news 6 00:00:20,600 --> 00:00:23,759 Speaker 1: desk for today's afternoon call. Here he is. He's back, 7 00:00:23,800 --> 00:00:27,319 Speaker 1: Bill Maloney, Good afternoon, Charlie. That's right. In the US, 8 00:00:27,320 --> 00:00:30,320 Speaker 1: averages are lower today in a quiet session, with the 9 00:00:30,360 --> 00:00:33,320 Speaker 1: Doubt currently down thirty two points, SP dropped four in, 10 00:00:33,440 --> 00:00:36,360 Speaker 1: NAZAC is down fourteen. The small cap six hundred is 11 00:00:36,400 --> 00:00:38,639 Speaker 1: lower by a point, and the US ten yield at 12 00:00:38,640 --> 00:00:41,440 Speaker 1: one point five eight percent. Eight out of tennis B 13 00:00:41,560 --> 00:00:44,559 Speaker 1: sectors are lower, led by losses in healthcare, telcom and 14 00:00:44,680 --> 00:00:49,720 Speaker 1: consumer Discretionary. Energy and materials lead down. Transports are a 15 00:00:49,760 --> 00:00:53,240 Speaker 1: little change and as a BOTTEX drop thirty eight. Utilities 16 00:00:53,280 --> 00:00:55,600 Speaker 1: fall a point, and the VIX is higher by one 17 00:00:55,640 --> 00:00:58,680 Speaker 1: point eight percent. Deal leaders said the downside included Mark 18 00:00:58,720 --> 00:01:02,200 Speaker 1: Fiser and mcdonal, while the leaders included ex On Mobile, 19 00:01:02,240 --> 00:01:05,800 Speaker 1: Caterpillar and Chevron. Bristol Myers fell another four and a 20 00:01:05,840 --> 00:01:10,240 Speaker 1: half percent after Friday's six percent decline, while Southby sowed 21 00:01:10,280 --> 00:01:12,920 Speaker 1: as much as twenty three percent. That's in most since 22 00:01:14,040 --> 00:01:16,839 Speaker 1: after its results. Live from the first breaking news dask 23 00:01:16,920 --> 00:01:19,120 Speaker 1: On boll maloney, Charlie, all right, thank you very much, 24 00:01:19,160 --> 00:01:22,440 Speaker 1: and to hear live breaking news over your Bloomberg type 25 00:01:22,440 --> 00:01:25,679 Speaker 1: squawk as Q you a w K on your terminal. 26 00:01:25,959 --> 00:01:30,040 Speaker 1: I'm Charlie Pollock. That's a bloom Bird business flash. Now 27 00:01:30,160 --> 00:01:33,720 Speaker 1: on Bloomberg Radio, we take stock of healthcare. The issue 28 00:01:33,720 --> 00:01:35,920 Speaker 1: of drug pricing has been at the forefront, certainly in 29 00:01:35,920 --> 00:01:38,240 Speaker 1: the political realm for the last few months. We're living 30 00:01:38,400 --> 00:01:41,520 Speaker 1: in a very special time in the history of the 31 00:01:41,520 --> 00:01:44,640 Speaker 1: pharmaceutical industry, and the three percent of all biotechs that 32 00:01:44,959 --> 00:01:47,520 Speaker 1: start actually get the drug approved. It's a very hard 33 00:01:47,560 --> 00:01:51,000 Speaker 1: thing to do. Bloomberg taking sto healthcare and focus on 34 00:01:51,040 --> 00:01:54,240 Speaker 1: Bloomberg Radio. If you happened to be in a San 35 00:01:54,280 --> 00:01:57,920 Speaker 1: Diego over the last couple of days, the world's largest 36 00:01:58,000 --> 00:02:03,360 Speaker 1: gathering of life extension enthusiasts was held. World prodowned futurist 37 00:02:03,440 --> 00:02:07,760 Speaker 1: and inventor Ray Kurzweil, one of the creators of optical 38 00:02:07,880 --> 00:02:12,000 Speaker 1: character readers that delivered the keynote address here to help 39 00:02:12,040 --> 00:02:17,400 Speaker 1: us understand more about life extension enthusiasts is Bill Falloon. 40 00:02:17,560 --> 00:02:21,960 Speaker 1: He is the co founder of the Life Extension Foundation. Bill, 41 00:02:21,960 --> 00:02:25,639 Speaker 1: thanks very much for being with me. Appreciated greatly. First 42 00:02:25,680 --> 00:02:30,519 Speaker 1: time in medical history, for the first time ever, multiple 43 00:02:30,600 --> 00:02:38,320 Speaker 1: methods of inducing meaningful human age reversal were presented. I've 44 00:02:38,360 --> 00:02:42,040 Speaker 1: been working at this my whole life. Never happened before. Bill. 45 00:02:42,080 --> 00:02:45,440 Speaker 1: Before we get into the details of what was said 46 00:02:45,600 --> 00:02:48,640 Speaker 1: or presented at the gathering, I wonder if you could 47 00:02:48,639 --> 00:02:52,000 Speaker 1: explain to people that are not familiar with the term 48 00:02:52,360 --> 00:02:56,760 Speaker 1: life extension, what does it encompass. Up until now, life 49 00:02:56,760 --> 00:03:01,080 Speaker 1: extension meant taking steps to slow down your rate of 50 00:03:01,160 --> 00:03:06,239 Speaker 1: biological aging and reduce your risk of degenerative disease. That's 51 00:03:06,280 --> 00:03:09,639 Speaker 1: up until now. But that's all changed. We are now 52 00:03:09,680 --> 00:03:13,880 Speaker 1: looking at ways to reverse biological aging. And we saw 53 00:03:13,960 --> 00:03:17,840 Speaker 1: people presenting the results of their clinical studies, meaning human 54 00:03:17,880 --> 00:03:25,400 Speaker 1: studies showing meaningful age reversal. It's it's unprecedented, and we 55 00:03:25,440 --> 00:03:29,560 Speaker 1: believe it's going to launch an entire new market. Before 56 00:03:29,560 --> 00:03:32,440 Speaker 1: we get into that, maybe you could just explain this 57 00:03:32,680 --> 00:03:39,520 Speaker 1: age reversal study in the context of genetic analysis. Well, 58 00:03:39,600 --> 00:03:41,360 Speaker 1: let me let me just give you. There was many, 59 00:03:41,360 --> 00:03:45,800 Speaker 1: many presentations different ways of inducing age reversal. But what 60 00:03:45,840 --> 00:03:48,680 Speaker 1: we normally try to look at our factors such as 61 00:03:48,920 --> 00:03:53,440 Speaker 1: endothelial function, in other words, how healthy is your arterial system. 62 00:03:53,720 --> 00:03:56,800 Speaker 1: We look at lipid levels, glucose, We look at the insulin. 63 00:03:57,040 --> 00:03:59,360 Speaker 1: Older people have too much of it. So we look 64 00:03:59,400 --> 00:04:02,760 Speaker 1: at a broad odd range what we call bio markers 65 00:04:02,800 --> 00:04:06,240 Speaker 1: of aging, including whatever genetics we can find, but those 66 00:04:06,280 --> 00:04:09,920 Speaker 1: have not been totally validated yet. But in study after study, 67 00:04:10,280 --> 00:04:15,520 Speaker 1: they're seeing regeneration in vital tissues and organs in response 68 00:04:15,760 --> 00:04:18,520 Speaker 1: to therapies that have worked animals but have never been 69 00:04:18,520 --> 00:04:21,680 Speaker 1: attested in humans before. And we were able to put 70 00:04:21,720 --> 00:04:25,000 Speaker 1: all of these sciences together in one conference over three 71 00:04:25,040 --> 00:04:27,080 Speaker 1: and a half days, and we gave him each about 72 00:04:27,080 --> 00:04:29,920 Speaker 1: fifteen minutes to present, and we brought someone else back 73 00:04:29,920 --> 00:04:32,920 Speaker 1: on UH to show us what they were doing to 74 00:04:33,160 --> 00:04:38,920 Speaker 1: reverse aging. What is the Crisper system and how does 75 00:04:38,960 --> 00:04:42,080 Speaker 1: that relate to this topic. That is the most promising 76 00:04:42,160 --> 00:04:45,840 Speaker 1: technology there is. Crisper cast nine is being studied by 77 00:04:45,920 --> 00:04:50,000 Speaker 1: Dr George Church at Harvard University. He predicted in The 78 00:04:50,040 --> 00:04:54,520 Speaker 1: Washington Post published in December two thousand fifteen that human 79 00:04:55,000 --> 00:04:58,000 Speaker 1: beings will be able to reverse their aging process using 80 00:04:58,240 --> 00:05:03,000 Speaker 1: Crisper cast nine with then the next five years. We're 81 00:05:03,040 --> 00:05:06,600 Speaker 1: wildly enthusiastic about that. We did not invite Dr Church 82 00:05:06,640 --> 00:05:09,680 Speaker 1: out there because people in our longevity community we know 83 00:05:09,800 --> 00:05:12,480 Speaker 1: he's doing great work. We hope what he's doing will 84 00:05:12,520 --> 00:05:16,200 Speaker 1: be that silver bullet. But we're not waiting. We're exploring 85 00:05:16,320 --> 00:05:21,799 Speaker 1: many other ways of inducing meaningful reversal of biological aging. 86 00:05:21,960 --> 00:05:25,080 Speaker 1: But can you just give me one example, specifically of 87 00:05:25,839 --> 00:05:31,680 Speaker 1: a therapy or a regiment or any kind of a 88 00:05:31,720 --> 00:05:34,240 Speaker 1: real simple one. There's a protein in the blood called 89 00:05:34,400 --> 00:05:38,800 Speaker 1: g DF eleven that stands for growth differentiating factor eleven 90 00:05:39,000 --> 00:05:42,799 Speaker 1: that also is being studied in animals at Harvard University. 91 00:05:42,839 --> 00:05:47,440 Speaker 1: It induces systemic age reversal in the animal model. There's 92 00:05:47,480 --> 00:05:51,880 Speaker 1: a group of longevity enthusiasts who are using g DF 93 00:05:52,040 --> 00:05:57,200 Speaker 1: eleven on themselves and carefully monitoring a wide range of 94 00:05:57,240 --> 00:06:02,840 Speaker 1: bio markers, and they're all showing significant age reversal with 95 00:06:02,960 --> 00:06:05,760 Speaker 1: one serious side effect, and we will we have to 96 00:06:05,800 --> 00:06:08,800 Speaker 1: overcome that one. And what is the serious side effect? 97 00:06:08,920 --> 00:06:14,960 Speaker 1: Their youthful appetite has been restored. They are over consuming calories. 98 00:06:15,200 --> 00:06:17,800 Speaker 1: They're putting on a little weight in response to them 99 00:06:17,839 --> 00:06:21,080 Speaker 1: eating more food than they know they should be. But 100 00:06:21,120 --> 00:06:24,280 Speaker 1: their sense of smell has been restored. The biomarkers of 101 00:06:24,400 --> 00:06:27,880 Speaker 1: endo fudial function that the blood lipids, the glucose, they're 102 00:06:27,920 --> 00:06:30,640 Speaker 1: all going back to the youthful range. And response to 103 00:06:30,760 --> 00:06:35,000 Speaker 1: just one one intervention, three injections a week of g 104 00:06:35,160 --> 00:06:38,960 Speaker 1: d F eleven is causing these individuals to have their 105 00:06:39,000 --> 00:06:42,880 Speaker 1: aging process go in reverse. And they're being inundated from 106 00:06:42,880 --> 00:06:45,279 Speaker 1: people who say, I want to join your group. What 107 00:06:45,400 --> 00:06:48,320 Speaker 1: is the what is the Food and Drug Administration's response 108 00:06:48,360 --> 00:06:50,440 Speaker 1: to this? Oh, they would just say you can't do it. 109 00:06:50,680 --> 00:06:52,200 Speaker 1: They would say you can't be doing this sort of 110 00:06:52,200 --> 00:06:54,239 Speaker 1: thing that people aren't waiting. This is like the HIV 111 00:06:54,320 --> 00:06:57,760 Speaker 1: community in early nineteen eighties. We're aging to death. We 112 00:06:57,800 --> 00:06:59,880 Speaker 1: can't wait for the FDA to put a rubber stamp 113 00:06:59,880 --> 00:07:02,919 Speaker 1: on something. So these are groups of individuals taking the 114 00:07:02,960 --> 00:07:06,760 Speaker 1: initiative to try to reverse aging and their own bodies 115 00:07:07,400 --> 00:07:10,120 Speaker 1: and and in other cases there are credential DOT doctors 116 00:07:10,120 --> 00:07:13,000 Speaker 1: doing a peer review clinical studies where you do have 117 00:07:13,080 --> 00:07:16,239 Speaker 1: FDA approval. But what was so exciting here were people 118 00:07:16,320 --> 00:07:20,880 Speaker 1: coming up showing the results of technologies where they do 119 00:07:21,040 --> 00:07:23,440 Speaker 1: really have intellectual property interest in it. They were just 120 00:07:23,720 --> 00:07:26,720 Speaker 1: individuals trying to reverse the raging process. In other cases 121 00:07:26,760 --> 00:07:29,640 Speaker 1: there were credential physicians. We've gotta leave it there, we 122 00:07:29,720 --> 00:07:32,840 Speaker 1: gotta run. Bill Falloon, he is the co founder of 123 00:07:33,160 --> 00:07:38,760 Speaker 1: Life Extension Foundation, talking about new techniques to reverse the 124 00:07:38,800 --> 00:07:42,480 Speaker 1: aging process. This is taking stock. I'm Kim Fox. This 125 00:07:42,800 --> 00:07:48,239 Speaker 1: is Bloomberg. Bloomberg. Taking Stock is brought to by Jaguar Manhattan. 126 00:07:48,320 --> 00:07:51,280 Speaker 1: Visit Jaguar Manhattan today, where New York goes for luxury, 127 00:07:51,480 --> 00:07:54,520 Speaker 1: conveniently located at four and eleventh Avenue. Went online at 128 00:07:54,560 --> 00:07:58,320 Speaker 1: Jaguar Manhattan dot com and Jaguar Manhattan is at your service.