Strengthened pharma R&D investment climate will help address challenges confronting Europe
Despite the staggering rise in healthcare spending in Europe in recent decades, funding for health R&D in Europe continues to stagnate, according to research published by Deloitte and commissioned by Janssen, a subsidiary of US health care giant Johnson & Johnson (NYSE: JNJ).
A new study, Investing in European health R&D - A pathway to sustained innovation and stronger economies, explores the reasons behind Europe's rising healthcare costs and the corresponding stagnation in R&D investment despite decades of strong growth.
The report highlights a number of important findings:
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