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The Big Business of Cold, Flu Season
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VitalSprings Technologies CEO Dr. Sreedhar Potarazu on the big spending to prevent and fight colds and the flu.
- Duration 4:56
- Date Jan 18, 2013
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VitalSprings Technologies CEO Dr. Sreedhar Potarazu on the big spending to prevent and fight colds and the flu.
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-- wanted to operate it is lifting the entire country's cities and states are declaring health emergencies more than 2000 people.
Have been hospitalized with the flu every year and believe it or not the blue cross our economy 87 billion dollars.
You bit regardless of all the medicine and -- remedy as a journalist advertisers available it still seems like everyone I know is either outlook the -- -- panicked about getting it sort of makes me wonder if we need to take a step back taking deep breath and -- of all the money we're spending.
Is just going down the drain with me now.
-- -- -- -- you've been CEO I don't springs technologies.
Doctor.
It's neat I mr.
-- bright up here on the set because we have -- all over the building everyone sick.
Every -- panicked I mean you can hear my voice -- everyone we're all sick people or cure ourselves to death is it not working.
Well do you have a bottle on your desk right now -- It's funny that you should say that because yes -- and I have one in my current us.
-- turnout model in turn the bottle around Taipei and tell me what the percentage of alcohol 70%.
All right.
So that one is OK yeah but a lot of them that are below 60%.
Now you might as well used toilet water to wash your -- -- They just -- no seriously it is disgusting but it doesn't work so.
Anything less than 60%.
Of alcohol contents.
Doesn't work -- that we end -- using.
These -- -- there's all the time but if you're really doesn't have an alcohol contact.
See I don't know I'm going to buy this explanation -- first month sure hasn't existed for that long I mean.
Fanatic about it we're all using it it's no we didn't have bureau.
Now we're spending some insane -- 220 million dollars -- -- out of that contorted seventy mr.
we spent a 190.
Million dollars.
-- -- -- -- Meanwhile a 190 million dollars -- a product that didn't exist before because we're gonna panic and when I these actors tell me that -- -- as part of the problem.
That were weakening our immune system.
By constantly pure rolling ourselves to death and or make it to the point where you know we we don't we're not exposed to germs generally.
So all of a sudden we didn't -- incubator like Fox News and we're all sick is Carol making the problem worse any chance that's the case.
Well look.
If you try to continually hand wash are you taking off you know good bacteria vs bad bacteria.
I think they won't you -- evidence we'll tell you that hand washing and hand sanitizing.
Is important I mean think about what I was you know operating.
And you know the amount of time that you scrub your hands.
That's a big impact in terms or reducing the infections.
That are really not.
-- you're answering my question are we making it worth it back you're allowing ourselves to death -- we I don't know I don't know.
Now I don't think we're making it worse I think what is making it worse is traveling on an airplane.
That's what's making it worse I mean you know how many bacteria.
They scrubbed off of those trade is that you pulled down -- have been announced how to -- It's thousands -- it's going to be really are great parent -- that -- -- -- -- gosh -- we spent so 2.4 billion dollars not vaccines this year.
What's it worth that -- and flu vaccine and everything else that's another development another issue yet the vaccines I think -- got a point there when 60%.
You know.
Yeah coverage.
Is out there you know you -- really wonder about the millions of people that are flocking out there to get the vaccine when there's only 60% coverage.
You know -- the jury's still out -- -- -- -- because I agree a lot of people are still getting sick.
When your factory in the R&D that goes into developing the vaccine -- how much we're spending on it.
Now you know -- busy cleaning -- -- I mean just in general I'm deeply suspicious but on this issue -- especially deeply suspicious cough and cold related sales this year.
Four point 24 billion dollars but at the end of -- -- someone is getting rich it's not me it's the called industry were -- still getting sick anyway.
I don't now.
I I just I don't like -- I don't like the whole thing doctor Pete how they feel better.
But what's the flip side of that do we not get.
Flu shot should we stop using him sanitize -- Stop coughing into our arms I mean we got to do something in terms of prevention but.
Working my -- entire -- is sick there's no appearance neither guy -- -- -- the mask I mean.
We got like the -- guy answering the door the front and running the cameras like there's not that all of that -- -- is at.
-- -- All right -- to meet your good sport thank you for letting me vent.
I -- is not what I feel better and -- have when these little emergencies.
Homeopathic whatever this thing is that price product and talk us vitamin C vitamin C -- -- all right thanks so much so here's our.