Biosimilars Former Italian Prime Minister Enrico Letta has stressed the importance of access to medicines in a report on what is next for Europe’s single market.Former Italian Prime Minister Enrico Letta has stressed the importance of access to medicines in a report on what is next for Europe’s single market.
Equity of medicine access, sustainable pricing and procurement models for supply and European Union (EU)-wide funds for domestic investments in medicine manufacturing are all encouraged in the Report on the Future of the Single Market.
The Letta Report calls on the EU to strengthen the market to improve access to medicines, building on the EU Pharmaceutical Strategy. Timely patient access to more generic and biosimilar medicines should be priorities in the legislative review and in the next institutional cycle.
It is proposed to leverage public procurement to promote social value, enhance social capital and align with the EU's green and digital transformation ambitions. As underlined in the report, reliance on the lowest price award criterion results in inefficiencies, such as medicine shortages, and fails to address environmental goals.
The report also calls for the support of investment in medicines manufacturing for an open strategic autonomy by adapting state and regional aid rules while ensuring that investment support can be spread widely across the EU. With production sites in all EU countries, there is support from industry for this approach for a future Critical Medicines Act and for a Biotech Industry Act.
Adrian van den Hoven is director general of Medicines for Europe, a trade group which represents the generic, biosimilar and value-added medicines industries.
He said: “Mr Letta has rightly put a strong focus on healthcare in his report. The single market for pharmaceuticals should ensure equitable access to medicines, integrate security of supply criteria into market policies and bolster manufacturing competitiveness especially for generic, biosimilar and value-added medicine supply chains.
“The comprehensive strategy outlined in the report should be prioritized in EU policies, securing adequate funding for manufacturing, enhancing security of supply in procurement and ensuring timely access to generic, biosimilar and value-added medicines for equitable access.”
The full report is available here. 19 April 2024