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Conference Presentation, Fireside Chat, Interview

A Conversation with Former First Lady of the United States Jill Biden | Global Conference 2025

  • Conference Context: The discussion occurred at the 28th annual Milken Institute Global Conference under the theme "Toward a Flourishing Future," specifically regarding the "Women's Health Network" initiative.
  • Key Figures: Former First Lady and physician Dr. Jill Biden (now Chair of the Women's Health Network) conversed with Esther Kroffa, Executive Vice President of Milken Institute Health.
  • Historical Data Gaps in Research:
    • Women were excluded from clinical research studies prior to 1993.
    • Research on female animals (as opposed to male models) only began in 2016.
    • Current research often fails to account for biological differences, such as small vessel disease in women versus large artery disease in men regarding heart attacks.
  • White House Era Achievements (2015-2017):
    • Infused $1 billion in federal funding to advance women's health research through the NIH and Department of Defense (DOD).
    • Mandated the disaggregation of data to separate research results for women and men.
    • De-risked investments to encourage private sector participation in high-risk areas.
    • Established the "Women's Sprint to Women's Health" fast-track program.
    • Appointed Dr. Carolyn M. M. (likely Carolyn M. K. or similar Yale affiliate) from Yale University to lead the program.
  • Specific Medical Breakthroughs Enabled:
    • Endometriosis: Developed a blood-based diagnostic test, reducing the previous "diagnostic odyssey" of up to 10 years.
    • Migraines: Initiated targeted research into gender-specific causes, noting higher prevalence in women than men.
  • Current Global Challenges:
    • Economic Impact: Unaddressed women's health issues cost the U.S. economy over $2 billion annually due to workplace absenteeism (e.g., menopause).
    • Disease Disproportionality:
      • 80% of autoimmune diseases affect women disproportionately.
      • Two-thirds of Alzheimer's cases are borne by women.
    • Clinical Trial Gaps: Enrollment of women in clinical trials is insufficient, and progress in inclusion is sometimes being reversed.
    • Data Silos: Fragmented information sharing persists despite the existence of global biomedical research networks; Abu Dhabi and Singapore cited as examples where data silos have been broken down more effectively.
    • Stigma: Significant cultural barriers and stigma regarding women's health discussions exist in international markets (e.g., Asia).
  • Women's Health Network Strategic Pillars:
    • Digital Platform: Launch of a centralized digital infrastructure to share research data, resources, and best practices across silos.
    • Pooled Investment Fund: Creation of a dedicated fund to provide capital for innovators, specifically those developing AI-driven diagnostics and imaging technologies.
    • Campaigns: Execution of screening, education, and awareness initiatives to drive patient engagement.
  • Market Opportunity:
    • McKinsey and BCG data indicate addressing women's health represents a $1 trillion global opportunity.
    • BCG estimates a $300 billion opportunity specifically from four key conditions.
  • Strategic Call to Action:
    • Private Sector Shift: With reduced federal involvement expected, the initiative relies on private equity and corporations to fill the funding gap and drive innovation.
    • Reframing the Narrative: Women's health is not a niche category (menopause/ovarian health) but a universal imperative affecting all diseases (cardiovascular, osteoporosis, Alzheimer's) differently.
    • Demographic Reality: As 51% of the population, women represent a critical market requiring inclusion in all health policies.
  • Forward-Looking Statements:
    • The initiative aims to affect millions of lives globally by 2025.
    • The network intends to move beyond moral imperatives to business imperatives, urging companies to integrate women's health into core product development strategies.
    • Goal to accelerate global innovation to prevent a future where half the population lives longer in poorer health.