Crisis due to decline in European generics
A recently published study shows that Europe is facing a crisis due to a significant decline in the availability of generic drugs. Teva Pharmaceuticals, the world's largest manufacturer of generic drugs, claims in its study that the number of generics withdrawn from the market has increased by 12%, while the introduction of new generics has decreased by an average of 3% per year. In 2012, there were 40,280 different generics in Europe. However, just over a decade later, this number has fallen to only 29,836 generics, a considerable decrease of 26%. The Teva study, "The Critical Medicines Health Check," warns of escalating health challenges across Europe, pointing to antimicrobial resistance – adding that there are 31% fewer antibiotic medicines in the region today than there were ten years ago, with the number of...


