Mr.
Edmonds will discuss the delay between the approval of new medicines
and when patients actually have access to them in different EU member
states.He will examine research that reveals that the delays patients
face vary greatly from member state to member state and can be very
long.The analysis suggests that these delays are the result of an unsatisfactory
combination of EU and national government policies: EU policies which
promote arbitrage (known in this sector as parallel trade or parallel
distribution) in the name of free trade and the single market; and national
policies which delay the acceptance of new treatments in order to hold
down public expenditure.The results of these policies are harmful for
both patients, who are denied the benefits of medical advances, and
for the creation of new medicines since patents in the EU are effectively
devalued. Mr. Edmonds will make recommendations as to how these delays
can be reduced.
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Peter
Edmonds is a Director of European Economic Research Ltd ("Europe Economics"),
an international economic consultancy.Prior to his current position,
he served as an economist in Her Majesty's Treasury in Great Britain
and in the New Zealand Treasury.
Mr.
Edmonds is widely recognised as one of the leading international experts
on regulation and competition in the pharmaceutical sector, with a special
focus on the impact for patient access. He has recently completed a
major study on competition in the supply of branded medicines to the
UK's National Health Service.
He
is also the author of reports on the development of paediatric medicines,
the competitiveness of the EU pharmaceutical industry, and differential
pricing.
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Date
Wednesday
27
June 2001
Format
12:45 -13:15 Cocktails
13:15-14:15 Lecture and Lunch
Location
Renaissance
Rue du Parnasse 19
Brussels

Click here for a printable
map
to the Renaissance.
Related Issues
Globalisation
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