EU Committee Backs Collective Drug Price Talks, Early-Warning System For Shortages

A report beefing up the proposals contained in the European Commission’s Pharmaceutical Strategy has been approved by an influential parliamentary committee that wants to see a “stable, updated and safety-centered regulatory system” and an "autonomous and resilient" pharmaceutical industry.

Pills - EU
The future of the EU pharmaceutical legislative framework is under discussion • Source: Shutterstock

A key committee at the European Parliament has called for measures to improve access to affordable medicines in Europe, such as promoting collective price negotiations, boosting the manufacture of drugs and vaccines in the EU, and setting up an early-warning system for drug shortages.

Increasing the affordability and availability of medicines “means addressing the root causes of shortages, increasing transparency on prices and public...

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