EU publishes proposed drug laws overhaul, seting up tussle with industry

  • 📰 Reuters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Brussels on Wednesday published a long-awaited draft of its proposed overhaul of laws governing the European Union's pharmaceuticals industry, setting up a tussle with drugmakers which warn they will invest and innovate elsewhere.

The biggest overhaul of existing medical laws in two decades is aimed at ensuring all Europeans have access to both innovative new treatments and generic drugs, and ending huge divergences in access and price between countries, EU Health Commissioner Stella Kyriakides told reporters after publication.earlier this month, except for details of changes to protections before generic versions of drugs enter the market.

But it also offers a sweetener for companies: they get two more years of protection if they launch their new medicines in all 27 member states within two years. Patient and consumer groups generally cheered the proposals. The European Public Health Alliance called them "a great win for people across the EU" because of the changes to what it sees as a too-generous incentives system for industry.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines