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Which Way Now For Mid-Sized European Pharmas?

 
• By Sarah Rickwood

Compared with their top 20 European peers and with similarly sized companies in the US, many mid-sized European pharmas are struggling. IMS Health analyzes the predicament these companies find themselves in and outlines what they need to do to avoid being caught in an evolutionary backwater.

Europe is the birthplace of eight of the world’s top 20 pharmaceutical companies: Novartis AG, Roche, GlaxoSmithKline PLC, Sanofi, AstraZeneca PLC, Novo Nordisk AS, Bayer AG and Boehringer Ingelheim GMBH. These global companies hold the majority of worldwide prescription medicine value, 81% of all protected medicines value, and have shaped and continue to shape the direction of the global pharmaceutical industry.

But Europe has also originated many smaller, but equally venerable pharmaceutical companies, which although diverse, often contain a strong original...

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