Health
Urgent action needed to stem critical medicine shortages
Medicines for Europe says study highlights the need for reforms to secure patient access to medicines.
Medicines for Europe says that a recent study by New Angle highlights the need for reforms to national pricing and procurement systems to secure patient access to medicines.
The study, ‘Securing access, improving lives. Strengthening patients’ access to off-patent medicines in Europe’, exposes the economic pressures driving medicine shortages across the continent and warns that the current pricing and procurement system is pushing essential treatments to the brink.
Prices fall while costs soar
The lead researcher, Margarida Bajanca, said that despite production costs rising by 31.6% (labour costs rose 25.7%, gas prices surged 88%, and electricity costs climbed 62%), off-patent antibiotic prices decreased by 10.4%, pushed down by national healthcare systems...
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