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Medicines for Europe

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uuid000v8dw

Namestring
Medicines for Europe
Legal namestring
Medicines for Europe AISBL
Company typeenum
Private
Founded yearint
1993
Descriptiontext

Medicines for Europe is a Brussels-based, non-profit industry trade association (legally structured as an AISBL — Association Internationale Sans But Lucratif) founded in 1993 as the European Generic Medicines Association (EGA) and rebranded under its current name in 2015. It represents manufacturers of generic, biosimilar, and value added medicines operating across the European Union, organized through three sector groups: the Generic Medicines Group, the Biosimilar Medicines Group, and the Value Added Medicines Group. Its members collectively supply over 70% of all medicines dispensed in Europe, and the association cites that biosimilar medicines have delivered approximately €50 billion in cumulative savings across Europe since 2006, including €10 billion in 2023 alone.

The association's core activities center on EU-level policy advocacy, regulatory engagement, and member services. It publishes annual Generic and Biosimilar Market Reviews, policy papers, factsheets, and position papers; runs the 'Conversations on EU PHARMA' podcast; and hosts a calendar of conferences including the Biosimilar Medicines Conference, the Annual Conference, and Regulatory and Legal Affairs conferences. Revenue is derived from recurring annual membership fees paid by pharmaceutical manufacturer members — there are no product sales or external services revenue streams. The organization has no proprietary technology platform and does not develop or sell technology products.

Strategically, Medicines for Europe has actively engaged on multiple regulatory fronts, including supporting the EU Biotech Act (published December 2025) and participating in a coalition challenging the Extended Producer Responsibility scheme under the revised Urban Wastewater Treatment Directive. It also maintains institutional partnerships with the International Generic Pharmaceutical Alliance (IGBA) and the European Medicines Verification Organisation (EMVO), and operates with a small Brussels-based staff (11-50 employees) at Rue d'Arlon 50.

Short descriptiontext

Medicines for Europe is a Brussels-based non-profit trade association representing European generic, biosimilar, and value added medicines manufacturers, whose members supply over 70% of medicines dispensed across Europe. It generates revenue from membership fees and focuses on EU policy advocacy, regulatory engagement, market research publications, and industry conferences.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersBrussels, Belgium
HQ citystring
Brussels
HQ countrystring
Belgium
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
pharmaceutical trade association, generic medicines advocacy, biosimilar medicines industry, pharmaceutical policy advocacy, off-patent medicines representation
Industry2 codes
1Generic Hospital & Institutional Products
CodeHLAIABALPrimaryYes
2Health, Pharmaceuticals & Medical Devices Regulatory Cooperation
CodeBPADANAJPrimaryNo
SIC code1 code
  • Services-Health Services8000
Product category
Pharmaceutical Trade Association
Revenue model1 record
1Membership fees
TypeSubscription Recurring
Description

Medicines for Europe operates as a membership-based industry association representing generic, biosimilar, and value added medicines manufacturers across Europe. Revenue is derived from annual membership fees paid by pharmaceutical company members.

medicinesforeurope.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Others, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 3 records shown
1Generic Medicines Group
Description

Sector group representing generic medicines manufacturers in Europe

medicinesforeurope.com
+2 more records
Core offering1 text field

Medicines for Europe is a Brussels-based non-profit industry trade association (AISBL) that represents manufacturers of generic medicines, biosimilar medicines, and value added medicines operating in Europe. It provides collective policy advocacy, regulatory guidance, market intelligence (annual Market Reviews), best-practice sharing, and lobbying for its member companies before EU institutions. Its members supply over 70% of all medicines dispensed in Europe.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Over 70% of all medicines dispensed in Europe are supplied by association members
+3 more records
Product overview1 text field

Medicines for Europe is a trade association representing the generic, biosimilar, and value added medicines industries in Europe. The organization does not offer a unified software product but provides a portfolio of sector groups, publications, policy resources, and events. Its three core sector groups—Generic Medicines Group, Biosimilar Medicines Group, and Value Added Medicines Group—each advocate for their respective segments. The association publishes annual market reviews, factsheets, infographics, policy papers, and hosts the 'Conversations on EU PHARMA' podcast. Major events include the annual Biosimilar Medicines Conference and the Annual Conference. The organization was originally founded in 1993 as the European Generic Medicines Association (EGA) and now represents companies supplying over 70% of all medicines dispensed in Europe.

Product and service5 records
1Generic Medicines Group
CategoryIndustry Sector Group
Description

Sector group within Medicines for Europe representing generic medicine manufacturers, providing market reviews, policy advocacy, and access initiatives. Members in this group supply over 70% of all medicines dispensed in Europe.

2Biosimilar Medicines Group
CategoryIndustry Sector Group
Description

Sector group focused on biosimilar medicines — highly similar biological medicines with no clinically meaningful difference in efficacy from their reference product. Provides policy advocacy and market intelligence, building on more than 10 years of positive patient experience since the first EU biosimilar approval in 2006.

3Value Added Medicines Group
CategoryIndustry Sector Group
Description

Sector group dedicated to value added medicines that optimise, rethink, and reinvent existing medicines based on known molecules to address unmet medical needs through improved care delivery systems.

4Generic Medicines Market Review 2025
CategoryMarket Intelligence Report
Description

Annual report providing an overview of policies currently in place for generic medicines across different European countries, covering pricing, reimbursement, procurement, and substitution policies.

5Biosimilar Medicines Market Review 2025
CategoryMarket Intelligence Report
Description

Annual report providing an overview of biosimilar medicines policies across European countries, covering availability, pricing, reimbursement, procurement, prescribing, and dispensing policies.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
1Pharmaceutical and cosmetics industry associations
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-01
Description

Medicines for Europe is part of a coalition with other pharmaceutical and cosmetics industry associations that have jointly filed lawsuits challenging the Extended Producer Responsibility (EPR) scheme under the revised Urban Wastewater Treatment Directive (rUWWTD). The coalition argues that assigning 80% of micropollutant removal costs to pharmaceutical producers violates the polluter-pays principle and could lead to medicine shortages.

aquatechtrade.com
2IGBA (International Generic Pharmaceutical Alliance)
Strategic tierCoreTypeOthers
Description

Medicines for Europe is a member of the International Generic Pharmaceutical Alliance (IGBA), a worldwide association of generic medicine manufacturers. IGBA works to improve access to generic medicines globally and represents the industry at international levels.

medicinesforeurope.com
Strategic tierCoreTypeOthers
Description

Medicines for Europe is a member of the European Medicines Verification Organisation (EMVO), which manages the European Medicines Verification System (EMVS) to ensure medicines in the legal supply chain are authentic and not falsified.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

EFPIA is the main Brussels-based counterpart that represents originator/innovator pharmaceutical companies in EU policy and regulatory discussions, making it the most direct peer in scope, geography, and advocacy mandate.

TypeEmerging player
Description

EuropaBio is the European bio-industry association covering biotechnology including biosimilars-adjacent topics, sharing Brussels policy advocacy infrastructure and overlapping member bases with Medicines for Europe.

TypeRegional player
Description

Pharma.be is the Belgian innovative-pharma association sharing the same Brussels ecosystem and representing originator manufacturers domestically, with overlapping EU policy engagement on pharmaceutical regulation.

TypeBroad incumbent
Description

IFPMA is the global pharmaceutical industry federation based in Geneva, representing research-based manufacturers and engaging WHO and other multilaterals, forming the international advocacy layer against which Medicines for Europe balances.

5BGMA (British Generic Manufacturers Association)
TypeRegional player
Description

BGMA represents UK generic pharmaceutical manufacturers and runs parallel policy advocacy on pricing, reimbursement, and supply continuity, making it a UK counterpart to Medicines for Europe's continental remit.

TypeBroad incumbent
Description

AESGP represents non-prescription medicines, food supplements, and self-care products manufacturers in Brussels, sitting alongside Medicines for Europe on parallel EU regulatory and market access files.

TypeRegional player
Description

Pro Generika is the German generics industry association operating from Berlin with comparable member services and policy advocacy, relevant as a major national counterpart inside the broader EU footprint.

TypeBroad incumbent
Description

BPI is the leading German pharmaceutical industry association covering both innovative and generic manufacturers, with strong federal-level policy reach that occasionally aligns or competes with Medicines for Europe's positions.

9AAM (Association for Accessible Medicines)
TypeDirect peer
Description

AAM is the US trade association representing generic and biosimilar manufacturers, serving a near-identical advocacy and market intelligence function in the United States, mirroring Medicines for Europe's role for Europe.

10IGBA (International Generic Pharmaceutical Alliance)
TypeBroad incumbent
Description

IGBA is the global umbrella alliance of generic pharmaceutical associations of which Medicines for Europe is a member, providing an international coordinating layer that complements the European-level policy work.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Medicines for Europe

Pharmaceutical Trade Associationmedicinesforeurope.com

Medicines for Europe is a Brussels-based non-profit trade association representing European generic, biosimilar, and value added medicines manufacturers, whose members supply over 70% of medicines dispensed across Europe. It generates revenue from membership fees and focuses on EU policy advocacy, regulatory engagement, market research publications, and industry conferences.

What Medicines for Europe does

Medicines for Europe is a Brussels-based, non-profit industry trade association (legally structured as an AISBL — Association Internationale Sans But Lucratif) founded in 1993 as the European Generic Medicines Association (EGA) and rebranded under its current name in 2015. It represents manufacturers of generic, biosimilar, and value added medicines operating across the European Union, organized through three sector groups: the Generic Medicines Group, the Biosimilar Medicines Group, and the Value Added Medicines Group. Its members collectively supply over 70% of all medicines dispensed in Europe, and the association cites that biosimilar medicines have delivered approximately €50 billion in cumulative savings across Europe since 2006, including €10 billion in 2023 alone.

The association's core activities center on EU-level policy advocacy, regulatory engagement, and member services. It publishes annual Generic and Biosimilar Market Reviews, policy papers, factsheets, and position papers; runs the 'Conversations on EU PHARMA' podcast; and hosts a calendar of conferences including the Biosimilar Medicines Conference, the Annual Conference, and Regulatory and Legal Affairs conferences. Revenue is derived from recurring annual membership fees paid by pharmaceutical manufacturer members — there are no product sales or external services revenue streams. The organization has no proprietary technology platform and does not develop or sell technology products.

Strategically, Medicines for Europe has actively engaged on multiple regulatory fronts, including supporting the EU Biotech Act (published December 2025) and participating in a coalition challenging the Extended Producer Responsibility scheme under the revised Urban Wastewater Treatment Directive. It also maintains institutional partnerships with the International Generic Pharmaceutical Alliance (IGBA) and the European Medicines Verification Organisation (EMVO), and operates with a small Brussels-based staff (11-50 employees) at Rue d'Arlon 50.

Medicines for Europe firmographics

Firmographics
Name
Medicines for Europe
Legal name
Medicines for Europe AISBL
Website
https://medicinesforeurope.com
Company type
Private
Founded year
1993
Operating status
Operating
Headcount range
11–50 employees
Short description
Medicines for Europe is a Brussels-based non-profit trade association representing European generic, biosimilar, and value added medicines manufacturers, whose members supply over 70% of medicines dispensed across Europe. It generates revenue from membership fees and focuses on EU policy advocacy, regulatory engagement, market research publications, and industry conferences.
Ownership category
akta.pro rank

Medicines for Europe industry classification

Industry
Product category
Pharmaceutical Trade Association
SIC
Services-Health Services (8000)
akta.pro primary industry
Generic Hospital & Institutional Products (HLAIABAL)
akta.pro secondary industry
Health, Pharmaceuticals & Medical Devices Regulatory Cooperation (BPADANAJ)

Keywords

  • Pharmaceutical trade association
  • Generic medicines advocacy
  • Biosimilar medicines industry
  • Pharmaceutical policy advocacy
  • Off-patent medicines representation

Where Medicines for Europe is headquartered

Location

Headquarters

HQ city
Brussels
HQ country
Belgium
HQ region
Europe

Offices1 record

Markets served

Medicines for Europe business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Others, Infrastructure

Revenue model

  1. Membership fees: Medicines for Europe operates as a membership-based industry association representing generic, biosimilar, and value added medicines manufacturers across Europe. Revenue is derived from annual membership fees paid by pharmaceutical company members.

Distribution channels1 record

Marketing channels6 records

Medicines for Europe product offering

Product offering

Core offering

Medicines for Europe is a Brussels-based non-profit industry trade association (AISBL) that represents manufacturers of generic medicines, biosimilar medicines, and value added medicines operating in Europe. It provides collective policy advocacy, regulatory guidance, market intelligence (annual Market Reviews), best-practice sharing, and lobbying for its member companies before EU institutions. Its members supply over 70% of all medicines dispensed in Europe.

Product overview

Medicines for Europe is a trade association representing the generic, biosimilar, and value added medicines industries in Europe. The organization does not offer a unified software product but provides a portfolio of sector groups, publications, policy resources, and events. Its three core sector groups—Generic Medicines Group, Biosimilar Medicines Group, and Value Added Medicines Group—each advocate for their respective segments. The association publishes annual market reviews, factsheets, infographics, policy papers, and hosts the 'Conversations on EU PHARMA' podcast. Major events include the annual Biosimilar Medicines Conference and the Annual Conference. The organization was originally founded in 1993 as the European Generic Medicines Association (EGA) and now represents companies supplying over 70% of all medicines dispensed in Europe.

Differentiator

Problem solved

Functional benefit

Brands

  • Generic Medicines Group: Sector group representing generic medicines manufacturers in Europe
  • Biosimilar Medicines Group
  • Value Added Medicines Group

Products and services

  • Generic Medicines Group Sector group within Medicines for Europe representing generic medicine manufacturers, providing market reviews, policy advocacy, and access initiatives. Members in this group supply over 70% of all medicines dispensed in Europe.
  • Biosimilar Medicines Group Sector group focused on biosimilar medicines — highly similar biological medicines with no clinically meaningful difference in efficacy from their reference product. Provides policy advocacy and market intelligence, building on more than 10 years of positive patient experience since the first EU biosimilar approval in 2006.
  • Value Added Medicines Group Sector group dedicated to value added medicines that optimise, rethink, and reinvent existing medicines based on known molecules to address unmet medical needs through improved care delivery systems.
  • Generic Medicines Market Review 2025 Annual report providing an overview of policies currently in place for generic medicines across different European countries, covering pricing, reimbursement, procurement, and substitution policies.
  • Biosimilar Medicines Market Review 2025 Annual report providing an overview of biosimilar medicines policies across European countries, covering availability, pricing, reimbursement, procurement, prescribing, and dispensing policies.

Quantifiable outcome

  • Over 70% of all medicines dispensed in Europe are supplied by association members
  • +3 more outcomes

Companies that use Medicines for Europe

Customer profile

Segments2 records

Ideal customer profiles2 records

Medicines for Europe technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Medicines for Europe partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core.

  • Pharmaceutical and cosmetics industry associationscoreStrategic or Co-development Partner · 1 February 2026Medicines for Europe is part of a coalition with other pharmaceutical and cosmetics industry associations that have jointly filed lawsuits challenging the Extended Producer Responsibility (EPR) scheme under the revised Urban Wastewater Treatment Directive (rUWWTD). The coalition argues that assigning 80% of micropollutant removal costs to pharmaceutical producers violates the polluter-pays principle and could lead to medicine shortages.
  • IGBA (International Generic Pharmaceutical Alliance)coreOthersMedicines for Europe is a member of the International Generic Pharmaceutical Alliance (IGBA), a worldwide association of generic medicine manufacturers. IGBA works to improve access to generic medicines globally and represents the industry at international levels.
  • EMVO (European Medicines Verification Organisation)coreOthersMedicines for Europe is a member of the European Medicines Verification Organisation (EMVO), which manages the European Medicines Verification System (EMVS) to ensure medicines in the legal supply chain are authentic and not falsified.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Medicines for Europe competitors and assessment

Company assessment

Direct peers

  • EFPIA (European Federation of Pharmaceutical Industries and Associations): EFPIA is the main Brussels-based counterpart that represents originator/innovator pharmaceutical companies in EU policy and regulatory discussions, making it the most direct peer in scope, geography, and advocacy mandate.
  • AAM (Association for Accessible Medicines): AAM is the US trade association representing generic and biosimilar manufacturers, serving a near-identical advocacy and market intelligence function in the United States, mirroring Medicines for Europe's role for Europe.

Emerging players

  • EuropaBio: EuropaBio is the European bio-industry association covering biotechnology including biosimilars-adjacent topics, sharing Brussels policy advocacy infrastructure and overlapping member bases with Medicines for Europe.

Regional players

  • Pharma.be: Pharma.be is the Belgian innovative-pharma association sharing the same Brussels ecosystem and representing originator manufacturers domestically, with overlapping EU policy engagement on pharmaceutical regulation.
  • BGMA (British Generic Manufacturers Association): BGMA represents UK generic pharmaceutical manufacturers and runs parallel policy advocacy on pricing, reimbursement, and supply continuity, making it a UK counterpart to Medicines for Europe's continental remit.
  • Pro Generika: Pro Generika is the German generics industry association operating from Berlin with comparable member services and policy advocacy, relevant as a major national counterpart inside the broader EU footprint.

Broad incumbents

  • IFPMA (International Federation of Pharmaceutical Manufacturers & Associations): IFPMA is the global pharmaceutical industry federation based in Geneva, representing research-based manufacturers and engaging WHO and other multilaterals, forming the international advocacy layer against which Medicines for Europe balances.
  • AESGP (Association of the European Self-Care Industry): AESGP represents non-prescription medicines, food supplements, and self-care products manufacturers in Brussels, sitting alongside Medicines for Europe on parallel EU regulatory and market access files.
  • BPI (Bundesverband der Pharmazeutischen Industrie): BPI is the leading German pharmaceutical industry association covering both innovative and generic manufacturers, with strong federal-level policy reach that occasionally aligns or competes with Medicines for Europe's positions.
  • IGBA (International Generic Pharmaceutical Alliance): IGBA is the global umbrella alliance of generic pharmaceutical associations of which Medicines for Europe is a member, providing an international coordinating layer that complements the European-level policy work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Medicines for Europe social profiles

Digital presence

Medicines for Europe financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Medicines for Europe leadership team

Management profile

Number of profiles

Medicines for Europe funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Medicines for Europe M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Medicines for Europe

What does Medicines for Europe do?

Medicines for Europe is a Brussels-based non-profit industry trade association (AISBL) that represents manufacturers of generic medicines, biosimilar medicines, and value added medicines operating in Europe. It provides collective policy advocacy, regulatory guidance, market intelligence (annual Market Reviews), best-practice sharing, and lobbying for its member companies before EU institutions. Its members supply over 70% of all medicines dispensed in Europe.

Is Medicines for Europe a public or private company?

Medicines for Europe is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Medicines for Europe founded?

Medicines for Europe was founded in 1993. It employs 11 to 50 people.

Where is Medicines for Europe based?

Medicines for Europe is headquartered in Brussels, Belgium, in the Europe region.

How does Medicines for Europe make money?

One revenue line is on record: membership fees.

Who are Medicines for Europe's main competitors?

Direct peers on record are EFPIA (European Federation of Pharmaceutical Industries and Associations) and AAM (Association for Accessible Medicines). EuropaBio is listed as an emerging player. Regional players are Pharma.be, BGMA (British Generic Manufacturers Association) and Pro Generika. Broad incumbents are IFPMA (International Federation of Pharmaceutical Manufacturers & Associations), AESGP (Association of the European Self-Care Industry), BPI (Bundesverband der Pharmazeutischen Industrie) and IGBA (International Generic Pharmaceutical Alliance).

Does Medicines for Europe have an API?

No public API is recorded for Medicines for Europe.

What industry is Medicines for Europe in?

Medicines for Europe's product category is Pharmaceutical Trade Association. Its primary akta.pro industry code is HLAIABAL, Generic Hospital & Institutional Products, with a secondary code of BPADANAJ, Health, Pharmaceuticals & Medical Devices Regulatory Cooperation. Its SIC code is 8000.

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Live signals
Smart Water MagazineEurope sends the polluter the billThe EU's revised Urban Wastewater Treatment Directive (in force January 2025) introduces quaternary treatment requirements and mandates that pharmaceutical and cosmetics manufacturers cover at least 80% of micropollutant removal costs under an Extended Producer Responsibility scheme, with an estimated annual operating cost of €1.56 billion once fully implemented across the EU. Industry groups including EFPIA, Cosmetics Europe, and Medicines for Europe filed coordinated annulment challenges, but the CJEU dismissed them in February 2026 on legal standing grounds, while Poland's state challenge (Case C-193/25) and Ireland's court referral to the CJEU are proceeding to examine the scheme's legality on its merits. The directive sets binding rollout targets of 20% of large plants equipped by 2033, 60% by 2039, and full deployment by 2045, creating a €1.56 billion annual market for water utilities, technology suppliers, and investors in advanced treatment infrastructure.EuractivEU Commission's long-awaited Biotech Act sparks new incentive debateThe European Commission is set to present the first part of the Biotech Act, which proposes extending supplementary protection certificates (SPC) for biotech medicines by 12 months to encourage development and manufacturing within the EU. The proposal has sparked debate as Medicines for Europe calculates it would cost health systems around €7.7 billion for the top three biologics alone, with internal disagreements between DG GROW and DG SANTE over whether SPC provisions should be included. The Act also proposes reducing clinical trial authorization timelines from 106 to 75 days and establishing a European investment facility for health biotechnology through the European Investment Bank.PR NewswireCaída de precios, aumento de costes y escasez: conclusiones de un estudio de Viatris y Medicines for EuropeViatris and Medicines for Europe presented an independent study conducted by New Angle during World Antimicrobial Resistance Awareness Week, revealing that between 2020 and 2024, the average price of the top 10 generic antibiotics fell by 10.4% while production costs surged significantly — industrial costs rose 31.6%, labor costs 25.7%, and energy prices jumped 88% for gas and 62% for electricity. The study also documented 240 antibiotics withdrawn from the market and 385 shortage cases reported across 16 European countries, highlighting that falling prices combined with rising costs threaten the economic viability and availability of essential generic medicines. The organizations are calling on policymakers to reform national pricing and procurement systems, including price indexing to inflation, minimum price floors, tiered pricing models, and multi-winner public procurement criteria to ensure sustainable access to antibiotics.PR NewswireЕвропейское исследование показывает падение цен, рост затрат и дефицит -- результаты независимого исследования, представленного Viatris и Medicines for Europe на Всемирной неделе осведомленности об УПViatris Inc. and Medicines for Europe presented an independent study during World Antimicrobial Resistance Awareness Week revealing that average prices for 10 off-patent antibiotics fell 10.4% from 2020 to 2024 while manufacturer costs rose 31.6%, labour costs increased 25.7%, and energy prices surged 88% for gas and 62% for electricity. The research, conducted by consulting firm New Angle, documented that 240 antibiotics were withdrawn from the European market and shortages affected 385 medicines across 16 European countries, highlighting unsustainable economics threatening patient access to essential medicines.PR NewswireEurópska štúdia zisťuje klesajúce ceny, rastúce náklady a nedostatky - Viatris a Medicines for Europe prezentujú nezávislú štúdiu počas Svetového týždňa povedomia o antimikrobiálnej rezistencii (AMR)A study sponsored by Viatris and presented by Medicines for Europe during World Antimicrobial Resistance Awareness Week found that average prices of the 10 most-used off-patent antibiotics fell by 10.4% between 2020 and 2024, while manufacturing costs surged by 31.6%, labor costs rose 25.7%, and energy prices increased by 88% for gas and 62% for electricity, threatening the economic viability of essential generic medicines. The research documented 240 antibiotic medicines withdrawn from the European market and 385 shortage cases reported across 16 European countries. The organizations are calling for urgent policy reforms including price indexation to inflation and production costs, minimum pricing floors, and multi-tiered pricing models to ensure sustainable patient access to these critical medications.PR NewswireUne étude européenne révèle une baisse des prix, une augmentation des coûts et des pénuries - conclusions d'une étude indépendante présentées par Viatris et Medicines for Europe lors de la Semaine monViatris and Medicines for Europe presented an independent study during World Antimicrobial Resistance Awareness Week showing that between 2020 and 2024, average prices of the ten leading off-patent antibiotics fell 10.4%, while industrial producer costs rose 31.6%, labor costs 25.7%, and energy costs surged by 88% for gas and 62% for electricity. The study further documented 240 antibiotic medicines withdrawn from the European market and 385 shortages reported across 16 European countries, prompting calls for urgent reform of pricing and procurement systems to ensure sustainable patient access.PR NewswireEuropäische Studie zeigt sinkende Preise, steigende Kosten und Engpässe - Ergebnisse einer unabhängigen Studie, die während der World AMR Awareness Week von Viatris und Medicines for Europe vorgestellViatris and Medicines for Europe presented findings from an independent study conducted by New Angle during World AMR Awareness Week, revealing that between 2020 and 2024, average prices of the ten most-used off-patent antibiotics fell by 10.4%, while production costs rose by 31.6%, labor costs by 25.7%, and energy prices surged by 88% for gas and 62% for electricity. The study also documented 240 antibiotics withdrawn from the market and 385 shortages across 16 European countries, prompting calls for urgent reforms to pricing and procurement systems to ensure sustainable access to essential medicines.PR NewswireEvropská studie ukazuje klesající ceny, rostoucí náklady a nedostatek - výsledky nezávislé studie představené během Světového týdne povědomí o antimikrobiální rezistenci společnostmi Viatris a MedicinDuring World Antimicrobial Resistance Awareness Week, Viatris and Medicines for Europe presented an independent study showing that prices of off-patent antibiotics in Europe fell 10.4% between 2020 and 2024, while manufacturing costs rose 31.6%, labor costs increased 25.7%, and energy prices surged 88% for gas and 62% for electricity. The study found that 240 antibiotics were withdrawn from the market and 385 shortage cases were reported across 16 European countries, highlighting economic unsustainability threatening antibiotic availability. The organizations are calling for urgent policy reforms including price indexing, minimum price policies, tiered pricing models, and public procurement reforms to ensure patient access to essential medicines.PR NewswireEuropean study shows falling prices, rising costs and shortages - findings from independent study presented during World AMR Awareness Week by Viatris and Medicines for EuropeViatris and Medicines for Europe presented findings from an independent study by New Angle during World AMR Awareness Week, revealing that between 2020 and 2024, average prices of the top 10 off-patent antibiotics in Europe fell by 10.4% while industrial production costs surged 31.6%, labor costs rose 25.7%, and energy prices increased 88% for gas and 62% for electricity. The study documented 240 antibiotic medicines withdrawn from the market and 385 shortages across 16 European countries, with Amoxicillin prices dropping 18.9% despite being among the most affected by shortages. The organizations called for urgent policy reform including price indexation to inflation and production costs, minimum price policies, tiered pricing models, and procurement reforms to secure patient access to essential medicines.PR NewswireEGA Becomes Medicines for EuropeThe European Generic and Biosimilar Medicines Association (EGA) officially rebranded as Medicines for Europe on March 10, 2016. The organization aims to represent the generic, biosimilar, and value-added medicines industries across Europe, advocating for better patient access and healthcare sustainability. This strategic shift reflects the growing importance of these sectors in meeting increasing demographic demands on European healthcare systems.