This Secretive Billionaire Thinks He Can Cure HIV. Here’s Why.
Forbes Daily Briefing
Forbes
4.4 • 18 Ratings
🗓️ 8 August 2024
⏱️ 5 minutes
🧾️ Download transcript
Summary
By bringing together top doctors, scientists and engineers, Terry Ragon believes he can succeed where major governments have failed and cure one of the world’s wiliest viruses.
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Transcript
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| 0:00.0 | Here's daily briefing for Thursday, August 8th. |
| 0:05.0 | Today on Forbes, this secretive billionaire thinks he can cure HIV. |
| 0:10.0 | Here's why. |
| 0:12.0 | It's opening day at the Reagan Institute's new building, a sparkling |
| 0:17.0 | 323,000 square foot glass and steel edifice on Main Street in Cambridge, Massachusetts. |
| 0:23.0 | Governor Mora Healy, New England Patriots owner Robert Kraft, |
| 0:27.0 | and President's past and present of MIT, Harvard, |
| 0:30.0 | and Mass General Brigham, |
| 0:32.0 | are sipping lemon spritzers and nibbling hors d'oeuvres. |
| 0:35.2 | A choir of a dozen scientists and staffers start singing somewhere over the rainbow. |
| 0:41.3 | Everyone is here to toast Philip Terry Reagan, the billionaire founder of software company Inter Systems, and his wife, Susan, also an executive at the firm. |
| 0:50.0 | The Reagan's have donated $400 million for research to harness the immune system to fight disease. |
| 0:57.0 | Soon, instead of singing, these same scientists will be running experiments in a bid to cure one of the world's most |
| 1:04.0 | elusive viruses, HIV. |
| 1:07.0 | Giving a rare interview, Reagan, who is 74 years old, says, quote, |
| 1:12.0 | we started to evolve this whole idea of a Manhattan project on HIV. |
| 1:17.0 | Reagan is referring to America's massive R&D program |
| 1:21.0 | to build the first atomic bomb during the Second World War. |
| 1:24.0 | Reagan, who is the sole owner of Inter Systems and is worth an estimated 3.1 billion |
| 1:30.0 | dollars, believes, despite all good evidence to the contrary, that we are on the cusp of a similar scientific |
| 1:36.1 | breakthrough when it comes to curing the estimated 39 million people worldwide living with |
| 1:41.1 | HIV, the virus that causes AIDS. |
... |
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