A baldness cure has been ten years away for the last thirty years. No cure for blindness, AIDS, lost limbs. Remember the blue denim dye that killed cancer? What happened to it?
If something is "ten years away", it means we simply don't know how to do it, we are just hoping for someone else to come up with the tech to solve it for us. Even if it's "five years away", it's suspect. Why not just release it now? Oh, because it doesn't work. I'll believe something if it's being currently tested on monkeys.
We simply don't have the technology yet to solve these problems. These problems won't likely be solved in medicine, but in another field that discovers the solution accidentally, likely in nano or AI/statistics.
If you want to speed things along, make sure the government is dropping lots of coin in R&D in many NEW or PROMISING fields, not just medicine. Encourage intellectual property rights for innovative firms that do real R&D, and not just relabel their old products. Encourage your smart friend to go into bio-stats and not quantitative finance.