Europe Must Step Up in the Global Medicines Race
LuxembourgPosted 4 hours ago by Team · 1 min readEuropean leaders and industry experts say Europe is lagging behind in the global biopharmaceutical sector — especially compared with fast-moving markets like China and the United States. They argue that Europe needs stronger investment in research, more innovation-friendly policies, and a truly unified internal market to attract more drug companies and scientists. The call for action comes amid concern that current European strategies are not enough to keep pace with rivals.
Industry representatives warn that without faster reforms and more funding, Europe risks losing important talent and business to other regions. They also point out that streamlined regulations and stronger support for new drugs could help European firms compete globally. Some experts note that China’s rapid progress in biotech shows how quickly global leadership can shift.
Supporters of change argue that boosting biopharma will not only help public health but also strengthen Europe’s economy by creating high-paying jobs. Governments and the private sector are being urged to work together to build a stronger innovation ecosystem.
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