Michael Milken - Philanthropist, Financier, Medical Research Innovator, Public Health Advocate  

   Mikemilken.com  »  Photo  »  2007  »  In Paris to discuss human capital


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"The 21st century will see a worldwide competition for human capital," was one of the messages that Mike delivered in a January speech in Paris to the senior executives of Calyon, the Crédit Agricole S.A. subsidiary that specializes in corporate and investment banking and in capital market activities in 55 countries. Noting the rapid evolution of technology, Mike told them that in 1993, one medical researcher could read 500 letters of the human genome per day. By 2007, a machine could read 3 billion genome letters per day at a cost of $5,000, which is equivalent to the daily output of 6 million researchers in 1993. Above, Mike meets with Calyon's Deputy Chief Executive Officer, Marc Litzler.