Why pharma manufacturers are still investing in Europe [Yahoo! Finance]
AstraZeneca PLC Ordinary Shares (AZN)
Last astrazeneca plc ordinary shares earnings: 2/5 04:00 pm
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Source: Yahoo! Finance
Europe's share of international pharma manufacturing has declined drastically in the past 25 years. European active pharmaceutical ingredient (API) drug master files, the documents on APIs submitted to the US Food and Drug Administration (FDA), fell from 42% of global filings in 2000 to just 10% in 2023 according to US Pharmacopeia's medicine supply map. Drug shortages during the Covid-19 pandemic laid bare the continent's manufacturing shortfall. To combat this, more recently the EU Pharma Package, a proposed overhaul of Europe's pharmaceutical law, was agreed upon by the Council of the European Union and European Parliament and now needs to be formally endorsed by both before it can be adopted. The agreed package includes a provision allowing EU countries to require companies to supply medicines sufficient to meet patient needs or otherwise lose marketing and data protections. It also reduces the current two years of marketing protection to one year — retaining eight years of d
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AZN
Sec Filings
- 2/3/26 - Form S-8
- 2/3/26 - Form 6-K
- 2/2/26 - Form 6-K
- AZN's page on the SEC website