Ambition versus reality: reflections and reactions to the revision of the general pharma legislation

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Ambition versus reality: reflections and reactions to the revision of the general pharma legislation

What happened?

Following the publication of the proposed update to the EU’s general pharmaceutical legislation, this dinner debate was an opportunity to step back and consider if and how the overarching aims of the 2020 pharmaceutical strategy and its revision are met by the proposal. What impacts will the proposed update have on patients, the industry and public bodies? Does it offer enough stability for the industry to invest in Europe?

The proposed overhaul of EU pharmaceutical legislation won’t encourage investment in Europe, according to a number of stakeholders who joined the dinner to discuss how to better deliver innovative treatments to EU citizens.

Only 22% of new treatments today come from Europe, compared to 50% from the United States. When it comes to innovation, the EU proposal “completely misses the boat,” said Nathalie Moll, Director-General of the European Federation of Pharmaceutical Industries and Associations (EFPIA). “We have to improve innovation by creating an environment that makes companies sure [that] if they invest [in Europe] they will find something there in future,” she added.

Susana Solís Pérez, Member of the European Parliament, agreed that the proposed revision “needs to offer security and protection so innovation happens in Europe and not elsewhere.”

Åsa Kumlin, EU Coordinator at the Swedish Medical Products Agency, reminded the audience that the main objective of the review was to ensure that treatments “reach all citizens, at an affordable price.” In order to do this, she said “a predictable playing field” was needed for investment and innovation.

This event took place in Brussels. Follow us on Twitter, LinkedIn, Instagram or Facebook, and join the #FoEDebate!


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PHOTO CREDIT: Freestocks /Unsplash

 

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Welcome
Policymakers' dinner debate
End of dinner debate
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Nathalie_Moll
Nathalie Moll

Director-General of the European Federation of Pharmaceutical Industries and Associations (EFPIA)

Show more information on Nathalie Moll

Nathalie Moll leads the federation that represents the pharmaceutical industry operating in Europe. She has spent 20 years working for the biotech industry at the EU and national level in associations and corporate positions. Moll previously worked as Secretary-General of EuropaBio, which was ranked as the most effective European trade association in Brussels in 2013. In this post, she promoted a dynamic and innovative environment for the biotech industry in Europe. Moll was named one of the 15 leading women in biotech in Europe in 2017.

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