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Martine Rothblatt
Founder, Chairman & Chief Executive Officer, UNITED THERAPEUTICS CORP

UVM- University of Vermont: Innovations that Transform the World with Martine Rothblatt, Ph.D, J.D.

📅 Apr 21, 2026 Perennial Innovator: Dr. Martine Rothblatt 50 MIN 40 VIEWS 51 SEGMENTS · 5 SPEAKERS
University of Vermont Live Stream 10/11/2017 Interviewer: Mary Powell, CEO of Green Mountain Power Topics: Persistence, Sustainability, and Justice in Business (October 11, 2017)

Questions asked in this interview

10
  1. 5:04Can you tell us a little bit about that and about the idea for Sirius?
  2. 9:28So do you think as you think about that, do you think it's possible that it would have succeeded if you had pursued the idea differently?
  3. 10:36Can you talk a little bit about how your family felt about the diagnosis and how you responded to it?
  4. 14:23How does all of that tie together in the context of how you delivered this amazing success?
  5. 20:30Do you think it's just sort of your life experience, my life experience, or do you see this broader connection between empathy and innovation or love and innovation?
  6. 25:49So just if you wouldn't mind talking about that a little bit, what did coming out mean to you when you first came out as a transgender woman and what does being out mean to you now?
  7. 29:53So has that been your experience too in terms of leading United Therapeutics?
  8. 31:04How does the business world need to change to ensure that the next Martine can achieve their full potential?
  9. 39:17And what do you envision for the future of this word that I am not so sure I'm going to pronounce correctly?
  10. 45:43Is there an optimal role in your mind for a research university to play with private corporations when it comes to accelerating the pace of innovation?
Sanjay Sharma 0:02 ↗
Good afternoon. Please be seated. We are on a tight timeline. I want to extend a very warm welcome to everybody here at UVM—students, faculty, administrators, and of course our very special guests whom we'll introduce very shortly. My name is Sanjay Sharma. I'm the dean of the Grossman School of Business. And it's truly an honor for me today to co-host along with the LGBTQA center.
Dot 0:48 ↗
I'm not the ultimate center anymore.
Sanjay Sharma 0:50 ↗
Oh, she is. But she was the moving force behind this event. This very special event brings together two business leaders, Mary Powell and Martine Rothblatt. Many of us in this room know Mary, who has transformed the energy landscape in Vermont. And Martine is one of the great business innovators and disruptors of our time. The subject of today's talk, 'Innovations that Transform the World: Persistence, Sustainability, and Justice in Business,' is very closely aligned with the mission of the Grossman School of Business, which focuses on transforming today's businesses and creating the businesses of tomorrow to address the world's greatest sustainability challenges—social, environmental, and ethical. Our unique Sustainable Innovation MBA program has gained an international and national reputation very rapidly. We brought in our first cohort in 2014, and the Princeton Review ranks this program number two in the US for green MBA programs. Corporate Knights, a global ranking, ranks us amongst the top 10 MBA programs for a better world internationally. I'm going to hand this over to Stuart Hart, the Grossman Endowed Chair of Sustainable Business, who is the co-director and one of the founders of the Sustainable Innovation MBA program. Invite Stuart Hart to introduce today's truly extraordinary speakers.
Stuart Hart 2:43 ↗
Sanjay, thank you. And delighted to be here with all of you today and have the opportunity to introduce our two really outstanding guests. We're so pleased to have them both. So bear with me, I will read a little bit. These could obviously go on for a long time, but I think the background is important. Martine Rothblatt is one of the most exciting and innovative voices in the worlds of business, technology, and medicine. And we're honored that she's here with us today. After graduating from UCLA with a law and MBA degree, she served as president and CEO of the satellite navigation company Geostar. Then in 1990, she disrupted an entire industry when she created a little startup that you might have heard of, Sirius Satellite Radio. A few years later, she went on to earn her PhD in medical ethics at the Royal London College of Medicine and Dentistry, and founded United Therapeutics Corporation in 1996. United Therapeutics has grown into a five billion dollar company bringing life-saving treatments from its labs to people for more than 20 years now. So we're so pleased to have you with us today, Martine. Welcome.
Martine Rothblatt 3:52 ↗
Thank you.
Stuart Hart 4:00 ↗
Now, of course, we're also delighted to have Vermont's own Mary Powell here as well, facilitating the conversation. I think as probably everyone in the room knows, Mary is an innovative force in her own right. As CEO of Green Mountain Power, she's rewritten long-established rules about what an electric utility can and should be, embracing renewable energy and sustainable practices in ways that others have thought impossible. In the utility industry, a true innovator. She's been named one of the top 100 most creative people in business by Fast Company and is recognized as a beacon for innovation in the energy sector. We're excited to have both of you here today and look forward to this conversation over the course of the next 40 minutes or so. So, welcome.
Mary Powell 4:54 ↗
Well, I don't know. So, I'm a little overwhelmed because to be sitting on a stage with you is quite impressive. I have to say.
Martine Rothblatt 5:02 ↗
I feel I'm the one who's overpowered.
Mary Powell 5:04 ↗
Oh, no. Oh, no. So it is such an honor to be here and to be here for a conversation with you, Martine. I'm really looking forward to it. I also am struggling because a part of my success was not out of academic success. And actually the thing I've had the hardest time doing my entire life is following directions. And so I need to follow directions today. I need to read some cards and ask you some questions. So anyway, I'm really really looking forward to this conversation and it's wonderful to be here. Not only is it National Coming Out Day, but I found out on Facebook this morning that it's also International Girls Day. So it just feels like a wonderful day to be having this conversation in this amazing state at this incredible institution called UVM. So anyway, I'm going to start with your Sirius XM experience. There's an interesting connection between the Seychelles Islands and your first big entrepreneurial success I understand. Can you tell us a little bit about that and about the idea for Sirius?
Martine Rothblatt 6:15 ↗
Sure. Mary, it was in the Seychelles Islands that I first learned sort of the fundamentals of satellite communications. Speaking about academia, I had been an undeclared major at UCLA and I didn't really know what I wanted to do. And my advice—this is probably not good advice to give at a university—but my advice is if you don't know why you're at the university, maybe you should take like a couple years off and figure out why you want to be there. So, I did leave UCLA and I traveled around the world, hitchhiking, teaching a little bit of English, and I ended up on this island chain in the Indian Ocean where there was a part of a giant satellite antenna bigger than a house that was part of NASA's deep space tracking network. And I went up and talked to the people who worked there. And they explained to me that the reason this antenna had to be as big as a house was because the satellite that it was tracking sent a signal that was so tiny it could barely be heard. And so it needed a giant receiving area as big as a house. And in my mind, I kind of flipped things around and I said, 'Well, if there was a satellite as big as this building in orbit around the Earth, then could everybody in the Earth receive music programming with something that was so tiny like you're describing the signal that they could fit on top of their car, fit in their shirt pocket?' And the engineer said, from a matter of physics, yes, that's true, but it's impossible to make a satellite that big in Earth orbit or to fit it into a rocket ship or to get the Federal Communications Commission to agree to let you do that. But in that moment, I had my purpose at UCLA. And so, I made a beeline back to UCLA. I majored in an interdisciplinary major called communication studies. I learned everything I needed to know to build that impossible satellite and to get that impossible approval from the Federal Communications Commission. And it absolutely delights me today, Mary, for there to be, you know, millions and millions of people. The women who work in the bakery in Bristol, Vermont, tell me that they're so happy to receive SiriusXM. And let me tell you, here in Vermont, we are lucky with Vermont Public Radio. I mean, we are really blessed with VPR, but in vast tracts of the country, there is nothing like VPR. And to be able to have chamber music 24 hours or deep tracks, different types of jazz, reggae, opinions—it's all amazing. And I'm just really grateful for having an opportunity to travel, to be inspired, and then to obtain the educational knowledge I needed to make it happen.
Mary Powell 9:28 ↗
Yeah, that's really amazing. So do you think as you think about that, do you think it's possible that it would have succeeded if you had pursued the idea differently?
Martine Rothblatt 9:38 ↗
It's always very hard to say these things. I'm a little bit skeptical because it said in the laws of the United States Communications Act of 1934 that only one—there can only be one company that owned an AM radio and an FM radio station in each city and that no company could own more than 10—over time it changed to 15 or 20 stations across the whole country. And they did this to prevent there being a monopolization of perspective. So what I was asking the Federal Communications Commission to do is to let our company control 100 channels in every nook and cranny throughout the US. And had I not had enormous passion behind my mission and saw my mission as just a stepping stone to providing that service to the entire world, it might have been difficult to overcome the bureaucratic inertia.
Mary Powell 10:36 ↗
Right. Absolutely. Yeah. No, it's amazing, amazing success. And now I'd like to pivot a little bit to the more personally driven success you had relative to the significant transformation that took place in your life when your daughter was diagnosed with pulmonary hypertension. Can you talk a little bit about how your family felt about the diagnosis and how you responded to it?
Martine Rothblatt 11:01 ↗
Sure, Mary. It was shocking. I mean, there's no other word to say when you have four children and your youngest child is at Children's National Medical Center in Washington DC. And the person in front of you is the head of pediatric cardiology and he's telling you that your daughter has a fatal illness. Only 3,000 people in the whole US have it. Every other patient he's had, which has only been three or four, have died in a few years. And your only hope is a lung transplant. I mean, you're devastated. Your knees turn to water and your eyes turn to water and you don't know what to do. So she was in the intensive care ward for a long time and we had three other kids and we would tag team going back and forth to the hospital. When I was at the hospital, she would eventually go to sleep and I went down to the library. And in the library I just kept reading things to try to understand something about pulmonary hypertension. I was a satellite communications engineer. The last time I even took biology was in 10th grade. So this was all Greek to me. But the doctors kept coming in saying, you know, we might be able to stabilize her for a year or two. We met with the lung transplant department. That was pretty grim given the long waiting list and much longer for a little kid. So I just kept reading. I would just spend all night, Mary, reading in that library. And I didn't understand things at first. So, I had to start with a basic biology textbook like I had in high school and go from that to an anatomy textbook to a college level biochemistry book and then to these peer-reviewed articles. And I had to just read like the summary, the introduction, abstract, and the end because all the methods in the middle were Greek to me. But after persisting in this, I found that there was a molecule that had been tested that reduced the pressure of people between their lungs and their heart, which is pulmonary hypertension—it's hypertension just in that area—and left the rest of their blood vessels alone. And so I just got like a little spark of light. I said, you know, maybe I can find out who's making this medicine and I can somehow get this medicine to my daughter. I mentioned to the doctor and he said that was something developed for congestive heart failure. The company dropped it 20 years ago. It's forget about it. So all I got was just thumbs down, thumbs down, no encouragement. I didn't get one smallest bit of encouragement except for my little daughter Genesis who would say, 'Martine, please save me.'
Mary Powell 14:23 ↗
Oh my goodness. Yeah. So in other interviews where you've talked about the creation of United Therapeutics, you maintain also that some films, so Genesis and some films, I gather Tucker and Lorenzo's Oil, also were inspiration. How did they affect your entrepreneurial process? I mean that is just so—and I guess also I'd love you to talk a little bit about what I find so powerful about what you just said not just on a deeply personal level but on an intellectual level is where do you find that grit in the face of the thumbs down, Martine, what you're saying doesn't make any sense, and your little daughter's plea. How does all of that tie together in the context of how you delivered this amazing success?
Martine Rothblatt 15:18 ↗
Yeah, Mary, it's really just kind of automatic. Like I can't say that there was like a drawer I opened called grit and I found it there. It wasn't. I was on autopilot. I mean, first I was on autopilot from I'm going to unite the world and end all this fighting and bickering because music has no enemies. I'm going to broadcast music to the whole world. And then the next time I had just like a passion and a purpose was I'm going to save Genesis. I mean to answer your question really directly, I would say I got to a point more than once which I kind of saw in Nick Nolte's character in Lorenzo's Oil where he had clearly gotten to the point that if he was going to work himself to death, if he was going to die to save his son, then that's what he was going to do. And my perspective was like, the last thing I wanted to do in my life was to save Genesis. And if it killed me doing it, that was fine. My life would have a purpose in saving Genesis. So it was from that reservoir and I do share with entrepreneurs, I think you have to feel this is not for everybody, being an entrepreneur. But you have to feel that your entrepreneurial mission is more important than your life itself. In fact, it is your life and self itself is accomplishing that mission. So when I had the door slammed in my face by Glaxo Wellcome, which was the company that had developed this molecule, I went back again. There's a whole list of people with names and phone numbers that work there. So, if one person said no to me, then I'll call another person. You just can never ever accept no for an answer. You often have to go through 99 nos to get a yes, but you will not fail if you don't give up. And so with Genesis's life on the line, I kept calling other people. People would give me a meeting, they would say, 'Martine, we cannot give this molecule to a satellite engineer. It would be unethical to do that.' I said, 'Well, who can you give it to?' They said, 'Well, maybe if you had a company and if you had people who were skilled in doing this, maybe we could license it to them.' So then I formed a company and I hired people that had retired from Glaxo Wellcome. And it's like they teach car salespeople that you're supposed to ask the people why don't you want to buy this car and you whittle down all the objections. And that's what I did. Every time I got an objection, I wrote it down. I'd go back home and say, okay, how can I whittle down this objection? And if you don't give up, you will get to the end of their objections. When you get to the end of their objections, you'll have your hope. And that medicine, which nobody wanted to give me, which nobody thought would really work for pulmonary hypertension, which people said even if it would work, no chemist knew how to synthesize it in quantity. If it could be synthesized in quantity, there was no way to deliver it because it had just a two-minute half-life. So, you had to deliver it continuously through a pump. I didn't want my daughter in a hospital holding on to a medicine tree. So, I had to invent a portable pump that you can wear on your belt that's invisible. You don't see it. It's underneath your shirt and it just pumps it subcutaneously through your skin. Long and short of it is when Genesis was diagnosed, there were 3,000 people in the US with pulmonary hypertension, all of them facing a mean survival of three years, more fatal than breast cancer. Today Genesis is alive and well, 30 years old and working at our company.
Mary Powell 19:30 ↗
Yay.
Martine Rothblatt 19:37 ↗
And while that was the purpose, I have to say that I am equally pleased because there's no measure in these kind of things that today there are 35,000 people living with pulmonary hypertension in America because they're no longer dying in two, three, four, five years. They're now able to live literally decades. I've met one of the first women who were on our medicine. She got on it in the early 90s. A beautiful woman was the gym coach at this college in the state of Maine. Developed pulmonary hypertension out of the blue, how it usually happens. And she's been on our medicine now for more than 25 years. And so I've created more people living with pulmonary hypertension than anything else. But that's a good thing. That's a very good thing.
Mary Powell 20:30 ↗
Oh my goodness, how powerful. I love the part where you say, 'So, I started a company.' I love it. So this almost seems like a silly question, but I want to drill a little deeper into this connection that you see between empathy and innovation. And a part of it is because I've actually been teased myself when I've been interviewed about the innovation. When I sort of really think about it, when people say, well where does it come from, my answer is it comes from love, actually. I mean I feel like any innovative thing I've truly done, it's because there's a piece of it that I find most of my drive really comes from love. And so do you see this broader connection? Do you think it's just sort of your life experience, my life experience, or do you see this broader connection between empathy and innovation or love and innovation?
Martine Rothblatt 21:28 ↗
I do, Mary. There's a few people here. I had the honor to speak at the Vermont Academy of Science and Engineering yesterday and the title of my talk was CQ Love Do. C stood for curiosity. Q for question authority. Love stood for everything that you just said, Mary, and do for doing things practically. And I do believe that if you want to overcome immense odds, that energy has to have a very deep reservoir within you. And the beautiful thing about love is you can never exhaust it. There's no fixed amount of love on shelves that is going to run out in a disaster or anything. Love is infinite. And it's beyond quantification. And so if you could tap into the reserve of love that you have, I do believe you can do anything. You, Mary, you're sitting here. I feel so happy and pleased that I've been able to help save tens of thousands of lives. But with what you're doing at Green Mountain Power, you're saving 10 billion lives. I mean, Green Mountain Power is a leader in stopping the planet from overheating, creating the—taking the most beautiful place in the whole universe, the biggest telescopes, the biggest networks of scientists. We can't find anywhere in the universe. We've not heard any signals from anywhere in the universe as awesome and beautiful as the planet Earth is. And here we are just wasting it. And those people like you and Green Mountain Power who are saving it. You are our greatest heroes and I know that comes from the love of life and the love of planet and thank you for doing that, Mary.
Mary Powell 23:20 ↗
Thank you. Oh, it's so refreshing to sit here with you and talk about love because it's interesting. I don't know if you've had this happen to you, but I've gotten teased because I talk about love. The power of love. And I've gotten teased because I talk about love wins. It's like at the heart of—I'm like I can't come up with a different answer. That really is the passion, the drive, that's the passion that creates every idea I've ever had in my brain.
Martine Rothblatt 23:54 ↗
I completely agree with you and it's interesting. When we build our manufacturing facilities for medicines at United Therapeutics, we have a company policy that every new building has to balance the energy it uses by creating that energy on site, net zero philosophy. And does it drop the cost of the buildings? Yes it does. And people say to me, well Martine, you guys should get an exception because you're developing medicines to cure cancer and lung disease and other diseases. But my response to them is, what is the good of curing these diseases if we're all going to die from a ruined planet? It makes no sense. So I don't believe we should allow our lives to be governed by dollars and cents and internal rates of return. These things are important like hammers are important. Nails are important. Screwdrivers are important. But you wouldn't want to govern your life by hammers, nails, and screwdrivers, right? You want to govern your life by you love your family, so you're going to build a house for your family. And you use those tools to do it. So we should govern our businesses by our passion, whatever that might be. We love feeding people. We love transporting people. We love powering people. I love healing people. And use all of these dollars and cents tools to implement our passion.
Mary Powell 25:29 ↗
Totally agree. It's a secondary benefit. It's not the primary purpose.
Martine Rothblatt 25:33 ↗
Exactly.
Mary Powell 25:33 ↗
Yeah. Absolutely. So, I do want to talk a little bit now about the fact that today is National Coming Out Day and you are often recognized as the most successful transgender CEO in the United States of America.

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APA, MLA, BibTeX
APA

Rothblatt, M. (2026, April 21). UVM- University of Vermont: Innovations that Transform the World with Martine Rothblatt, Ph.D, J.D. [Interview transcript]. Perennial Innovator: Dr. Martine Rothblatt. CEOInterviews.AI. https://ceointerviews.ai/interview/873995/

MLA

Martine Rothblatt. "UVM- University of Vermont: Innovations that Transform the World with Martine Rothblatt, Ph.D, J.D.." Perennial Innovator: Dr. Martine Rothblatt, 21 Apr. 2026. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/873995/.

BibTeX
@misc{rothblatt2026_873995,
  author       = {Martine Rothblatt},
  title        = {UVM- University of Vermont: Innovations that Transform the World with Martine Rothblatt, Ph.D, J.D.},
  howpublished = {Interview transcript, Perennial Innovator: Dr. Martine Rothblatt. CEOInterviews.AI},
  year         = {2026},
  month        = {apr},
  url          = {https://ceointerviews.ai/interview/873995/},
  note         = {Speaker-attributed transcript with timestamps}
}