Executive Vice President of Commercial, Mosaic The
Search every verified Yijun Wang interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Yijun Wang, Executive Vice President of Commercial at Mosaic, gave a presentation on depression on September 16, 2024. Wang discussed the global prevalence of depression, citing a World Health Organization definition and noting that depression causes an estimated economic loss of nearly $1 trillion. Wang compared depression rates and healthcare systems in the United States, Japan, and China, stating that the U.S. has a major depressive disorder rate of 5.9% and a market-based healthcare system focused on acute care, which Wang said leads to high costs and difficulty for patients in accessing early treatment. Wang also stated that Japan has a 4.2% rate and emphasized prevention through community living environments, while China has the same rate and focuses on mandatory mental health education. Wang attributed higher suicide rates among depressed patients in Japan to cultural factors, including the "bushido spirit" and stigma around expressing pain)Skip
“Depression is a global health problem...according to a definition from the World Health Organization depression is a common mental health condition that can happen to anyone; it is characterized by a low mood or loss of pleasure or interest in activities for long periods of time.”
“Depression also cause an economic loss of nearly 1 trillion dollars.”
“The United States Health Care system is market-based, focusing on acute care rather than prevention.”
“The cost is very high; more than a third of patients cannot get needed care.”
This speech shows the basic situation of depression in China, the United States and Japan in a comparative way.
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