Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » Forum assesses competitiveness of Europe’s pharmaceutical industry

    Forum assesses competitiveness of Europe’s pharmaceutical industry

    npsnps6 October 2008Updated:9 July 2024 focus
    — Filed under: Pharmaceuticals
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Europe’s Pharmaceutical Forum has concluded its three-year process and, on 2 October, put forward several recommendations addressing the many challenges facing the pharmaceutical industry, public health interests and national healthcare systems.

    The high-level forum was co-chaired by Vice President of the European Commission Günter Verheugen and Commissioner Androulla Vassiliou, and welcomed health ministers of Member States, MEPs, the Secretary General of the European Free Trade Association and representatives of 10 stakeholder organisations.

    The Pharmaceutical Forum’s initial mandate, set out in 2005, was ‘to discuss the competitiveness of the European pharmaceutical industry and related public health considerations, with a specific focus on information to patients on disease and treatment options, relative effectiveness assessments and pricing and reimbursement of medicinal products’.

    The Forum’s final report addressed specific issues in three major areas: improving access to information on diseases and treatments, identifying (and providing fair access to) the most effective medicines and balancing such access with reward for innovation within the limits of healthcare budgets.

    The report stressed the need to provide citizens with more information in effective communication formats (electronic and non-electronic means), ‘taking account of local traditions, healthcare systems and languages’. While acknowledging that doctors are the most appropriate people to provide information to their patients, the Forum recommended that ‘Member States, the Commission and health actors […] consider new collaborations in the field of information to patients. Such collaborations should respect transparency, disclosure of financial and other support as well as definition of responsibilities.’

    The Forum’s report addressed the need to improve information flow, in terms of both patient access to information and data sharing in research and development. Specifically, it spoke of the need to improve data availability and transferability. The report encouraged Member States and stakeholders to regularly exchange information in order to consolidate scientific evidence at national level, to provide this evidence to pricing and reimbursement authorities, and to inform healthcare professionals and patients on the most effective drugs.

    The exchange of effectiveness data should, according to the report, ‘aim to identify any barriers, whether scientific, technical or legal, that prevent all the parties involved from circulating the information easily’. It adds that: ‘national authorities and companies should also consider ways of having early dialogue during product development to improve the generation of appropriate data as far as possible.’

    Member States were called upon to agree on a clear set of expectations on innovations they consider to be valuable. Communication of these common expectations ‘will give companies a clear direction on healthcare priorities and indications on the evidence needed by authorities, while bringing authorities clarity on the mid- to long-term budget needs,’ according to the report. Companies were urged to ‘deliver the innovative medicines that society needs’ and to cooperate with patient organisations.

    Member State authorities, stakeholders and the Commission were encouraged to ‘strengthen their efforts to ensure access to orphan medicines in all EU Member States,’ and to pursue early dialogue on research and development, improve exchange of ‘knowledge on the scientific assessment of the clinical added value’, establish specific pricing and reimbursement mechanisms and increase awareness of orphan diseases.

    The report concluded that: ‘Member States and the Commission, in cooperation with relevant stakeholders, should within the next two years undertake a first review of progress following the recommendations from the Pharmaceutical Forum in the field of pricing and reimbursement […].Further cooperation and exchange of experiences at EU level is needed.’

    Vice President Verheugen said, ‘The Forum’s recommendations can lead to important savings and permit a better reward for pharmaceutical innovation. I call upon industry and national authorities to help implementing these recommendations to the benefit of the patients and healthcare budget.’

    Pharmaceutical Forum

    Source: Community R&D Information Service (CORDIS)

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Business law - Photo by Pavel Danilyuk on Pexels

    How to Find the Right Litigation Solicitor for Your Legal Dispute

    Workplace safety - Photo by Ahmed akach on Pexels

    Can You Make a Claim for an Accident During a Work Break? Know Your Legal Rights

    Digital marketing - Image by AS Photography from Pixabay

    Legal Marketing in 2026: The Changes Reshaping Law Firm Growth

    Business finance - Photo by Towfiqu barbhuiya on Unsplash

    Why Access to Top CFO Talent Is Critical for European Business Success

    Woman with phone - Image by Edwin Vega from Pixabay

    Language Skills and Europe’s Competitiveness: A Strategic Policy Perspective

    Pages vues - Photo by Agence Olloweb on Unsplash

    5 e-Commerce Tips to Grow Your Business Long-Term

    LATEST EU NEWS
    Meat shop - Photo by Ryan Ladd on Unsplash

    EU moves to protect meat terms from vegetarian takeover

    6 March 2026
    Michael McGrath - Photo © European Union 2026

    Cosmetics the most dangerous products on EU market

    5 March 2026
    Global warming - Image by Tumisu from Pixabay

    Final green light for amended EU climate law

    5 March 2026
    Hamburg shipyard - Image by Manne1953 from Pixabay

    EU adopts maritime strategy for ports, shipping and shipbuilding

    4 March 2026
    Stéphane Séjourné - Photo © European Union 2026

    EU boost for manufacturing with clean products ‘made in Europe’

    4 March 2026

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness, 117 High Street, Chesham Buckinghamshire, HP5 1DE, United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?