As EU criticises healthcare inefficiencies, generics manufacturers poised to swoop
Several European countries — including Ireland, Italy and Portugal — have been singled out by the European Commission over inefficiencies in their healthcare services as part of the European Union's (EU) annual semester reports.
Portugal, in particular, received strong criticism, with the report strongly urging the country to "strengthen expenditure control, cost-effectiveness and adequate budgeting," in the health sector, which is funded in large part by the taxpayer.
The reports have prompted Medicines for Europe (MFE) — a trade group for European generics and biosimilars manufacturers — to issue a report of its own, promoting the generic and biosimilar alternatives to branded pharma products.
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