Pharma can help achieve savings in the other 91% of healthcare spending, says AbbVie's UK boss
When faced with criticism over drug prices, pharma companies can point to figures which reveal how little of countries’ healthcare budgets go towards prescription medicines.
In mature markets, the quoted figure is generally between 10% and 15%, but in some countries it is even lower than this and AbbVie’s (NYSE: ABBV) Matt Regan says that the level in the UK is just 9%.
"We want to move from just being a supplier of medicines to being a company that participates in the broader healthcare debate"
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