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The pharmaceutical industry discovers, develops, produces, and markets drugs or pharmaceutical drugs for use as medications to be administered (or self-administered) to patients to cure them, vaccinate them, or alleviate a symptom.
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Pharmaceutical Industry Do Pharmaceutical sales representatives educate physicians and other medication-prescribing professionals on new developments in the rapidly advancing pharmaceutical industry. They connect providers with the knowledge, drugs and treatments necessary to provide cutting-edge care to their patients.
Key Issues • Patient safety • Clarification of laws • Clinical trials • Regulatory delays • Parallel trade • Labeling standards
Market Access • Foreign direct investments • Government procurement • Preferential treatment for state-owned enterprises • Intellectual property • Patents • Regulatory data protection • Counterfeit medicines
Key Recommendations The EU pharmaceutical industry recommends greater and more frequent private-sector consultation in advance of the development of domestic regulations, and that private-sector issues be more frequently addressed at the Asean level.
The industry recommends clear and transparent procurement or listing procedures for biopharmaceuticals that recognize the value of innovation, rather than create disincentives for access to innovative medicines.
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