 Hey everyone, it's awesome to be here So my name is Nicholas. I'm the founder of infinita That's a VC fund. That's based in Prospera. I live there and Today I want to talk about how we want to do a bio acceleration zone and Specifically the legal and infrastructure layer for it But first I want to tell you a story So what is Balaji's favorite three-letter agency? the FDA exactly So this is the story of how I learned how the sausage was made two-story So I wanted to start a healthcare analytics company and I always do a lot of customer research before So I talked to this German guy Who was doing regulatory content management and he was this family business guy Where there's these German medium-sized companies that have like a monopoly in a super specific niche That's what they did and I was like, what's that that looks like a you know doc send for you know regulatory compliance But I said not entirely a little bit of that, but we actually a logistics company So what do you mean a logistics company? We track truckloads like literal truckloads of paper and I was like what? physical paper like Yeah, we deliver that and we truck that and we offer that as a service. It's like what so if you're a brilliant biotcientist engineer and You know, you can code up, you know, and you draw a small molecule of Xenon a computer and then you have to do this Yeah, I mean no wonder that's what happens Right, so we have two major problems in biotech one is the value of death We're just like a funding in the early stages and then your room's law So your room's law is the reverse of Moore's law It's at the same time as the rate of computing power went up the rate of new drug development went down and it's not inevitable Until 1963 the FDA had to approve a drug in three months Otherwise you were allowed to go on the market It's crazy, right and that's a problem Because we now have very promising science and technology that could allow us to live for much longer Potentially reaching longevity escape velocity as Albert de Grey has called it. I want that I know what you ask So can't we back to like pre 1962 times can we build like a more rational legal and regulatory system? And Yeah, we can so I live in Prospera Really good location. This is an aerial view that shows you how much there is how much space there is to build and Prospera instituted this thing here. So a polycentric common law system. So the idea is You need to should have liability insurance. Otherwise you have strong penalties So the insurance effectively becomes your regulator They don't want you to mess up. Otherwise, you they have to pay But they also don't want you to go out of business. So they have the best incentive to give you good regulation That's safe while you can stay innovative. I think it's a brilliant idea And one company that's building off of that legal template is this one mini circle They did follow state and gene therapy clinical trials Under with an IRB under a supervision of an American clinic. So it's FDA compliant It's just massively reducing the cost of bureaucracy and also just making it much faster, which is really the important part for a stage biotech Not only that they can bring people there to take the drug Though one of their first patients was this man Brian Johnson with a major longevity influences This is totally what potential there is if he comes for that already Also another entrepreneur named Greg Nakagawa is building more infrastructure around it and a pristine geranium medicine hub For so we can have hundreds of companies that can do clinical trials there and medical tourism So it needs a lot of technical stuff. We want to do like a voluntary Certificatory FDA for example fractional usage clinic And this is the space where we're doing it. I mean isn't this gorgeous, right? I would want to come here to get like the most advanced activity treatments and My co-founder Lawrence will talk a bit more about it. We're now doing another Zuzaloo there for two months with bio Scientists and entrepreneurs that want to help us accelerate longevity Long live, Italia. Let's live forever and you know up and up and go