Why US Pharma Can't Compete with India's Generics I ft. Dr. Marschall Runge I Ep50
Science
Why do US pharma companies struggle in India's generic drug market, and what does the future hold for US-India collaboration?
Dr. Marschall Runge, Former CEO of the University of Michigan Medical School and former Board of Directors at Eli Lilly, breaks down the competitive dynamics between US innovation-driven pharma and India's generic drug dominance.
In this conversation, we discuss:
- Why US companies can't compete on generics (and shouldn't try)
- India's untapped opportunity in biosimilars
- The Mark Cuban Cost Plus Drugs model
- US-India pharma partnerships: realistic or wishful thinking?
- How AI will transform healthcare delivery
- Why obesity is the #1 health problem to solve
- The problem with Pharmacy Benefit Managers (PBMs)
- Healthcare as business vs. common good
Dr. Runge's take: "India has excelled at high-quality drugs at low cost. US companies focused on patent drugs with higher margins. But I see tremendous opportunity for collaboration, especially in biosimilars.
ABOUT DR. MARSCHALL RUNGE:
Dr. Runge is Former CEO of the University of Michigan Medical School and a distinguished physician. He previously served on the Independent Directors at Eli Lilly and is a leading advocate for integrating advanced technology into healthcare systems.
His expertise spans academic medicine, pharmaceutical innovation, and healthcare policy.
CONNECT WITH DR. RUNGE:
LinkedIn: / marschallsrunge
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