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For an innovation-friendly Europe: strengthening the industrial healthcare sector as a key industry
The industrial healthcare sector is a key pillar of the European economy. It not only provides ground-breaking innovations in medicine, but also secures jobs, value creation and resilience in times of crisis. At the same time, the industry is facing growing challenges: Over-regulation, high bureaucratic hurdles and a lack of economic incentives are jeopardising Europe's competitiveness.
The new position paper ‘The German healthcare industry in the context of European policy’ analyses current regulatory developments and formulates specific recommendations for a sustainable, innovation-friendly healthcare industry. The focus is on the areas of pharma & biotech, medical technology and digital healthcare solutions, which are key sectors that will play a decisive role in shaping Europe's future.
Key demands from the position paper:
- Regulation with a sense of proportion: reduce bureaucracy and promote innovation
- Ensure competitiveness: Strengthening research and production in Europe
- Increase resilience: Diversify supply chains and reduce dependencies
- Develop a strategy for the future: Driving forward an ambitious EU life science strategy
- Strengthening the digital health economy: Facilitating data use and improving access to research
The new EU legislative period offers the opportunity to shape innovation-friendly policies. Now is the time to set the right framework conditions to establish Europe as a leading location for the healthcare industry and secure medical care in the long term.
You can read the detailed recommendations in our position paper.