Pharmaceutical Location Europe – Strengthening Resilience and Competitiveness
The European pharmaceutical industry is a driver of innovation and an essential part of medical care – How can we strengthen a key industry?
Europe's pharmaceutical industry is both an economically important sector and an essential part of the provision of medical care in times of geo-economic tension. In particular, there are critical dependencies on certain generic drugs and active ingredients, especially from China, India and various Southeast Asian countries. To strengthen resilience, supply chains should be diversified, among other things, while to strengthen competitiveness, the regulatory framework must be improved, including through innovation-promoting research conditions.