Pharma warns EU of "exodus to US" without reform
21 Articles
21 Articles
Europe's Big Pharma Companies Threaten Commission President von der Leyen, Change Trade Situation Quickly or We Go To America - The Last Refuge
The rapid change in Ursula von der Leyen now starts to make sense. According to a press release [SEE HERE] from European Big Pharma, they recently had a meeting with the EU Komisar and threatened to leave Europe if the trade system is not renegotiated quickly. President Trump is on the cusp of announcing a […]
Pharmaceutical Business Worth More Than $100 Billion Could Shift to US, Says European Trade Group
Europe must make radical policy changes, failing which, more than $100 billion in funding for pharmaceutical research, development, and manufacturing could move to the United States, warned the European Federation of Pharmaceutical Industries and Associations (EFPIA). A survey of 18 EFPIA member companies conducted last week found that up to 85 percent of capital expenditure investments worth 50.6 billion euros ($56 billion) and as much as 50 pe…
Pharma warns EU of "exodus to US" without reform
At the same time that Donald Trump was saying that a "major tariff" on pharmaceuticals is coming to force more manufacturers to relocate to the US, pharma leaders told the EU that – without reforms – the bloc could lose out on capital investment programmes and R&D spending.
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