Teva Urges Europe To Address ‘Essential Medicines Exodus’

Generics Giant Publishes Report Urging EU Policy Rethink To Attract Investment

Teva has called for action from European leaders to address the threat of an essential medicines industry “exodus” from the region, suggesting that the continent is facing a losing battle against China and India that has led to the migration of vital manufacturing assets.

Europe Map Plate Broken
Teva warns of a fragile situation for essential medicines in Europe • Source: Shutterstock

European policy reform is needed to attract investment and bolster local production of essential medicines in a context in which “Europe’s strategic autonomy is waning,” Teva has urged in a detailed new report.

Titled “Addressing Europe’s Essential Medicines Exodus,” the report “provides EU policy makers with a case for enhancing pharmaceutical manufacturing...

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