Crisis in CEE pharma innovative market

22 December 2008

Innovative pharmaceutical companies face a crisis associated with the loss of patent rights pertaining to their most important products, and this includes in the central and eastern Europe region, according to local market consultancy PMR.

Between 2008 and 2012, the research-based drugmakers most endangered by the risk of generic competition in the CEE region, it says, will be: UK drug giant GlaxoSmithKline; US majors Pfizer and Bristol Myers-Squibb; Japan's Astellas Pharma; and Anglo-Swedish AstraZeneca.

Acquiring generics makers could be answer

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