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‘We Need To Act Now’: Medicines For Europe On Procurement Policies

Industry Association’s Position Paper Outlines Key Suggestions For Future Reform

 
• By Urtė Fultinavičiūtė

The European off-patent drug organization provided several recommendations for medicines procurement to minimize the current focus on lowest-price tenders that are harming competition in the region.

Shopping trolley with pills and medicine
Medicines for Europe released a position paper on drug procurement • Source: Shutterstock

Current EU procurement rules that focus on reducing the costs of acquiring medicines have led to the consolidation of supply and increased risk for supply security, said Medicines for Europe in its latest position paper.

As such, the European organization for the generic, biosimilar, and value-added medicines industries has explored the reasons and ways to restructure the current design of off-patent medicines procurement

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