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India is well positioned to attract future investments: Patrick Johnson, President, Lilly International
The Economic Times· 2026-03-21 18:36
Core Insights - Eli Lilly is well-positioned to attract future investments in India due to its strong scientific base, academic resources, and skilled workforce [1][10] - The company emphasizes the importance of regulatory data protection and a streamlined regulatory review process to enhance India's competitiveness in attracting high-value research [2][11] - Lilly's performance has been robust, driven by innovative medicines addressing significant unmet medical needs, with a positive outlook for future growth [7][8] Regulatory Environment - Regulatory data protection is crucial for the pharmaceutical industry, allowing companies to recoup investments made in clinical efficacy and safety data [2][5] - The regulatory review process in India involves three steps and can take up to one and a half years, which could be improved for faster approvals [2][11] - Harmonization with international guidelines for clinical trials is necessary to strengthen India's scientific capabilities and enable earlier access to innovative therapies [2][11] Market Dynamics - The affordability of medicines in India reflects the country's GDP per capita, ensuring that prices are significantly lower than in markets like Germany or the U.S. [6][11] - The innovative pharmaceutical industry is essential for the existence of generics, highlighting the interdependence between innovative and generic drug markets [5][11] Product Pipeline - Eli Lilly is expanding its product pipeline with significant developments in areas such as type 2 diabetes, obesity, Alzheimer's disease, and oncology [7][9] - The company plans to launch Donanemab for Alzheimer's in India by 2026, subject to regulatory approvals, and has an oral GLP-1 under review outside India [9][11] - Retatrutide, a triple agonist, has shown promising results with over 28% weight loss in studies, indicating strong potential in the obesity treatment market [9][11]
India is well positioned to attract future investments, says Eli Lilly's Patrick Johnson
The Economic Times· 2026-03-21 18:18
Eli Lilly has a R&D presence in India. What is the scale of Lilly's financial commitment to India going forward?India is well positioned to attract future investments. You look at the science, look at academia, look at the workforce, the talent, you know, I think you are super well positioned. Can it be improved further? Yes.I think there are also some additional things that could make India even more attractive for future investments. We saw some positive signs now with the announcement to increase accredi ...