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Pharma industry says rules fix to hit innovation, European Commission doesn t agree

Transcripts for BBCNEWS World Business Report 20240604 04:42:00

carrying electric vehicles rather than coal. the us government pouring trillions and insurance green future is made in the usa with economic consequences for everyone else. fatal islam, bbc news, in kentucky. the european commission is due to publish its pharmaceutical strategy today. it s been reported that the eu is looking at a compulsory licensing system so that in the event of a public health emergency like the pandemic, it would be able to talk control of manufacturing drugs and vaccines. this would go against pharmaceutical groups as they look to protect their patents and could possibly damage relationships between governments and drugmakers. live now to nathalie moll, director general at efpia, european federation of pharmaceutical industries and associations. this is an interesting notion.

Transcripts for BBCNEWS World Business Report 20240604 04:46:00

we been waiting for a long time but it will also last for the next 20 years, so that really decide what kind of europe will be for the future, a competitive europe with a strong innovation in medical sciences or will we be users or, let s say importers of medical science from the rest of the world with all the risks that pertains because we were the manufacturers and providers of the covid i9 vaccines at the time because we have such a strong life science ecosystem in europe, but might not be the case of the future if the distillation goes away. that s cominu distillation goes away. that s coming uo distillation goes away. that s coming uo very distillation goes away. that s coming up very soon. - distillation goes away. that s. coming up very soon. nathalie moll, director general of the efpia. thank you for your time. this around the world and across the uk. this is bbc news. it is low tide and a good time to get a glimpse of this

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