Medicines for Europe has called for alterations to regulations concerning the off-patent drug sector, which it says will allow the industry to respond more effectively to the region’s dramatic rise in inflation.
Generic drugs trade association Medicines for Europe has urged EU health ministers to take action to address the impact of inflation on the supply of essential medicines, maintaining that the “industry cannot operate in an environment combining rampant cost inflation with policies that continuously lower prices” in an open letter.
“For the last decade, off-patent medicines have been subject to strict price regulation, budget austerity measures, and lowest-price tender rules,...
The UK government has said it will invest almost £30m ($40.4m) in AI technologies to modernize the NHS and reduce wait times – but for the medtech sector, the devil will be in the details.
The UK government has said it will invest almost £30m ($40.4m) in AI technologies to modernize the NHS and reduce wait times – but for the medtech sector, the devil will be in the details.
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After US President Joe Biden launched a review of the country’s API supply chain, the task force has reported back with key vulnerabilities that contribute to drug shortages and supply risks during a global public health emergency. According to the report, the lack of geographic diversity and dependence on foreign nations and anti-competitive actions by foreign nations are key areas of concern.
