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PJ Online homeThe Pharmaceutical Journal
Vol 276 No 7388 p192
18 February 2006

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Industry/ministerial group still trying to encourage pharmaceutical investment

Government ministers and pharmaceutical industry leaders are pressing on with an initiative to try to increase pharmaceutical investment in the UK (PJ, 14 April 2001, p498).

On the day of their latest meeting last week, Jane Kennedy, minister for health and co-chair of the Ministerial Industry Strategy Group said: “The Government wants the UK to maintain its position as a leading country for the pharmaceutical industry to develop medicines. We see from taskforce indicators that the UK attracts 9 per cent of world pharmaceutical industry research and development expenditure, while it has less than 4 per cent of the global market for medicines. We want to improve even further on this.”

Ms Kennedy added that she wanted to see concrete proposals to maintain the UK’s position as leader in developing new medicines when the group meets again in November.

The next stage of the group’s work will look at improving the rate at which effective new treatments are made available to NHS patients, facilitating joint working between the NHS and the pharmaceutical industry and new ways of introducing new medicines and ensuring the safety of medicines that are already licensed, while maintaining patient access to innovative medicines.

It will also develop proposals to help achieve the aims of the European Commission’s Pharmaceutical Forum to make Europe a more attractive location for pharmaceutical company investment.

Last week, the Government also urged the pharmaceutical industry, the public sector and non-governmental organisations to develop new affordable treatments for children with HIV and AIDS. The Department for International Development said that although the price of antiretroviral drugs has been dramatically reduced in recent years, paediatric ARVs can cost more than six times as much as adult doses and are often harder to handle in terms of storage and distribution.

International development minister Gareth Thomas commented: “While pharmaceutical companies have done much to help improve access to treatment for HIV, more effort must be made to help provide effective and affordable treatment for children— especially for those in developing countries.”

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