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Alarmingly, there are now 93 active ingredients for which no European company holds a certificate. This reliance on sourcing API from other nations puts Europe’s entire manufacturing cycle at risk, especially in the event of global crises and geopolitical tensions.
While the ripple effect of such an event is expected across sectors, in the pharmaceutical arena, small and mid-sized enterprises (SMEs) are predicted to be heavily impacted as the economic downturn affects plans to raise capital, amongst other things. JP Morgan predicts that the US unemployment rate could rise to 4.3%
While brand-name drugs like Farxiga can be costly, people often want to know: When will a cost-saving generic be available? Is there a generic for Farxiga ? The pharmaceuticalcompany Prasco currently markets a generic version of Farxiga.
Within pharma and healthcare, where greater representation has been proven to lead to better health outcomes for all patients and the pharmaceuticalcompanies developing medicines, change is also happening. As a Non-Clinical Assessor at MHRA he assessed non-clinical data packages for new and genericmedicines.
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