Fiscal benefits of drugs a priority for cash-strapped countries

By Nick Taylor

- Last updated on GMT

Related tags Asia pacific Middle east

Cash-strapped countries are making biopharm consider a product’s fiscal benefits earlier in development, according to INC.

Shifts in global economics mean that countries and companies alike are facing restrictions on spending. In this economic environment biopharm must be ready to answer certain questions when seeking to commercialise a product.

Do we invest in your product if there’s no fiscal benefit compared to the incumbent product? That’s becoming more and more, unofficially, a view that many countries are taking​”, said Geoff Fatzinger, director of regulatory affairs and strategic product development at INC Research.

Fatzinger is responsible for Europe, Asia Pacific and the Middle East and fiscal considerations vary significantly across these regions. For example, emerging countries in Asia Pacific have large populations and finite resources, making them particularly keen to see return on investment.

Related products

A Guide Through the API Drug Development Pipeline.

A Guide Through the API Drug Development Pipeline.

Content provided by Lonza Small Molecules | 04-Apr-2023 | Insight Guide

With the complexities associated with API and HPAPI drug development, it’s necessary to lean on the experts. With Q&A sections, insights and articles...

The Complete Guide to eRegulatory and eSource

The Complete Guide to eRegulatory and eSource

Content provided by Florence Healthcare | 01-Apr-2023 | Insight Guide

Shifting to eRegulatory and eSource workflows is a requirement for clinical trial sites to continue to scale and grow their studies. This guide is designed...

Related suppliers

Follow us


View more