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Finding Genius Podcast

Generic Fail: Dinesh Thakur Discusses the Lack of Generic Drug Manufacturing Oversight and Actions to Take

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.41K Ratings

🗓️ 15 January 2020

⏱️ 44 minutes

🧾️ Download transcript

Summary

After Dinesh Thankur discovered the failings of a generic drug manufacturer in India, he's been on a campaign for change. When you listen to this discussion, you'll learn

  • Why overseas drug companies are able to get away with producing these spurious drugs.
  • How the middle player in the United States generic drug market, the Pharmacy Benefit Manager, keeps the harmful system in play, dodging pharmaceutical quality assurance.
  • What steps you can take to make small yet significant changes in our policy that might prevent these fraudulent practices. 

A pharmaceutical expert, Mr. Thakur discovered a company in India that hired him was falsifying data and practicing substandard manufacturing techniques with generic drugs. He left the company and helped the US FDA put the company through criminal prosecution. In this podcast, he discusses these efforts and other problems with the lack of oversight for pharmaceutical quality assurance of generic drugs produced overseas.

Featured in the book Bottle of Lies by journalist Katherine Eban, Mr. Thakur has continued his activism within the current generic drug consumption in the U.S. He discusses the holes in the system, such as difficulties in inspecting an overseas manufacturer, and how the lack of power Medicaid holds in negotiating drug prices produces further roadblocks.

He offers some tenable actions the average citizen can make to prevent the manufacture of these spurious drugs and shares his expertise on how small changes could improve the potentially dangerous generic drugs in our market.

For more about Dinesh Thakur and his contact information, see https://dineshthakur.com/.

Transcript

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0:00.0

You're listening to the Future Tech Podcast with Richard Jacobs.

0:09.0

Future Technologies such as Artificial Intelligence,

0:11.8

Stem Cells, 3D printing, gene editing,

0:14.6

Bitcoin, blockchain, the microbiome, quantum computing, virtual reality, and exploring space

0:21.0

are much closer than you might think.

0:23.0

In fact, many early versions of these technologies are in play right now,

0:27.0

and the companies that are using these technologies are the focus of this podcast.

0:31.0

My goal for you, the listener, is to learn from these

0:34.4

podcasts. You may very well learn something that may change the course of your life

0:38.2

for the better. Steer you towards a new career or give you insight into

0:42.4

addressing a thorny medical problem.

0:44.6

Remember, this podcast and its content is informational and nature only.

0:48.6

No medical, tax, legal, financial, or psychological advice is being given.

0:53.0

If you've enjoyed the podcast, please listen, subscribe, like, and tell your friends about it.

0:58.0

Thank you. Hello this is Richard Jacobs with the Future Tech and Finding Genius

1:08.2

podcast. I have a great guest today, Dinesh Talker. I heard about him after listening to an interview on Dr Peter

1:16.1

Attia's podcast with a journalist named Catherine E-Bam, and Dinesch Talker figured prominently

1:22.0

in her story about generic drugs and how a lot of them

1:25.1

are made overseas and India and other places.

1:27.9

And they're not made, to put it lightly, up to snuff, up to spec.

1:32.2

And the FDA, you know is supposed to weigh in and protect consumers

1:37.0

but there's a whole murky mess it seems with generic drugs and Congress in the United States pressures to get generic drugs that are affordable.

...

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