OTC switching could save €16bn a year in Europe
Reclassifying a third of the prescription medicines that are suitable for sale over the counter could save more than €16bn a year in the enlarged European Union, according to research (PDF 1.6MB) by the Association of the European Self-Medication Industry (AESGP).
The research shows that 15 per cent of all prescriptions issued by European
doctors are for medicines to treat minor diseases. The total potential
cost saving arises from the cost of prescribed medicines that could safely
be bought together with the cost of lost working time.

Claude Le Pen: OTC growth is slow |
Claude Le Pen,
health economics professor at Paris Dauphine University, said that the
annual potential savings in France were more than double
the annual saving achieved by generic substitution introduced 10 years
ago.
Professor Le Pen said that further benefits of switching treatment from
prescribed medicines to OTC medicines included improvements to public
health and greater understanding by patients that treatment choices they
made had an economic impact.
But the development of the OTC market in Europe is not as fast as the
AESGP would like to see. Professor Le Pen said that this is because governments
are reluctant to see the change take place, prescribers generally oppose
switching medicines from prescription control to OTC availability and
regulatory agencies are cautious about reclassifying medicines.
Hans van Zoonen, Procter & Gamble’s European vice-president
for pharmaceuticals and personal health care, said that successful OTC
switching depended on the political will to connect the reclassification
of medicines to the issue of strained national health budgets.
Ulf Wiinberg, president, Wyeth Consumer Healthcare, said that the UK
was the only European country where this political will existed. |