Falling med exports

August 6, 2014

MEDICINES Australia (MA) has said falling medicines exports have reinforced the need for a new medicines industry strategy. Exports fell by 13.5% to $3.63b in 2013-14, the lowest level since the 2005-06 financial year, MA said. Ceo Dr Brendan Shaw said while the downturn could reflect ongoing restructuring in the industry, Australia had strengths and competitive advantages that should be built on. “What’s needed now to grow Australia’s innovative medicines industry is a supportive policy environment in PBS policy and intellectual property, reform in regulations for clinical trials and data, and initiatives to develop a competitive tax environment collaboration between public research and private industry.” For more, CLICK HERE.

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Pharmacy Daily | Falling med exports

Falling med exports

Other recent headlines

WA group stocks vapes

Fujitsu to protect against cyber threats

PD breaking news – Queensland pharmacies scope of practice pilot expanded

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES