LONDON — Keir Starmer is off to China to try to lock in some economic wins he
can shout about back home. But some of the trickiest trade issues are already
being placed firmly in the “too difficult” box.
The U.K.’s trade ministry quietly dispatched several delegations to Beijing over
the fall to hash out deals with the Chinese commerce ministry and lay the
groundwork for the British prime minister’s visit, which gets going in earnest
Wednesday.
But the visit comes as Britain faces growing pressure from its Western allies to
combat Chinese industrial overproduction — and just weeks after Starmer handed
his trade chief new powers to move faster in imposing tariffs on cheap,
subsidized imports from countries like China.
For now, then, the aim is to secure progress in areas that are seen as less
sensitive.
Starmer’s delegation of CEOs and chairs will split their time between Beijing
and Shanghai, with executives representing City giants and high-profile British
brands including HSBC, Standard Chartered, Schroders, and the London Stock
Exchange Group, alongside AstraZeneca, Jaguar Land Rover, Octopus Energy, and
Brompton filling out the cast list. Starmer will be flanked on his visit by
Trade Secretary Peter Kyle and City Minister Lucy Rigby.
Despite the weighty delegation, ministers insist the approach is deliberately
narrow.
“We have a very clear-eyed approach when it comes to China,” Security Minister
Dan Jarvis said Monday. “Where it is in our national interest to cooperate and
work closely with [China], then we will do so. But when it’s our national
security interest to safeguard against the threats that [they] pose, we will
absolutely do that.”
Starmer’s wishlist will be carefully calibrated not to rock the boat. Drumming
up Chinese cash for heavy energy infrastructure, including sensitive wind
turbine technology, is off the table.
Instead, the U.K. has been pushing for lower whisky tariffs, improved market
access for services firms, recognition of professional qualifications, banking
and insurance licences for British companies operating in China, easier
cross-border investment, and visa-free travel for short stays.
With China fiercely protective of its domestic market, some of those asks will
be easier said than done. Here’s POLITICO’s pro guide to where it could get
bumpy.
CHAMPIONING THE CITY OF LONDON
Britain’s share of China’s services market was a modest 2.7 percent in 2024 —
and U.K. firms are itching for more work in the country.
British officials have been pushing for recognition of professional
qualifications for accountants, designers and architects — which would allow
professionals to practice in China without re-licensing locally — and visa-free
travel for short stays.
Vocational accreditation is a “long-standing issue” in the bilateral
relationship, with “little movement” so far on persuading Beijing to recognize
U.K. professional credentials as equivalent to its own, according to a senior
industry representative familiar with the talks, who, like others in this
report, was granted anonymity to speak freely.
But while the U.K.’s allies in the European Union and the U.S. have imposed
tariffs on Chinese EVs, the U.K. has resisted pressure to do so. | Jessica
Lee/EPA
Britain is one of the few developed countries still missing from China’s
visa-free list, which now includes France, Germany, Italy, Spain, the
Netherlands, Switzerland, Australia, New Zealand, Japan, Saudi Arabia, Russia
and Sweden.
Starmer is hoping to mirror a deal struck by Canadian PM Mark Carney, whose own
China visit unlocked visa-free travel for Canadians.
The hope is that easier business travel will reduce friction and make it easier
for people to travel and explore opportunities on the ground — it would allow
visa-free travel for British citizens, giving them the ability to travel for
tourism, attend business conferences, visit friends and family, and participate
in short exchange activities.
SMOOTHING FINANCIAL FLOWS
The Financial Conduct Authority’s Chair Ashley Alder is also flying out to
Beijing, hoping to secure closer alignment between the two countries’ capital
markets. He’ll represent Britain’s financial watchdog at the inaugural U.K-China
Financial Working Group in Beijing — and bang the drum for better market
connectivity between the U.K. and China.
Expect emphasis on the cross-border investments mechanism known as the
Shanghai-London and Shenzhen-London Stock Connect, plus data sovereignty issues
associated with Chinese companies jointly listing on the London Stock Exchange,
two figures familiar with the planning said.
The Stock Connect opened up both markets to investors in 2019 which, according
to FCA Chair Ashley Alder, led to listings worth almost $6 billion.
“Technical obstacles have so far prevented us from realizing Stock Connect’s
full potential,” Alder said in a speech last year. Alder pointed to a memorandum
of understanding being drawn up between the FCA and China’s National Financial
Regulatory Administration, which he said is “critical” to allow information to
be shared quickly and for firms to be supervised across borders. But that raises
its own concerns about Chinese use of data.
“The goods wins are easier,” said a senior British business representative
briefed on the talks. “Some of the service ones are more difficult.”
TAPPING INTO CHINA’S BIOTECH BOOM
Pharma executives, including AstraZeneca’s CEO Pascal Soriot, are among those
heading to China, as Britain tries to burnish its credentials as a global life
sciences hub — and attract foreign direct investment.
China, once known mainly for generics — cheaper versions of branded medicine
that deliver the same treatment — has rapidly emerged as a pharma powerhouse.
According to ING Bank’s global healthcare lead, Stephen Farrelly, the country
has “effectively replaced Europe” as a center of innovation.
ING data shows China’s share of global innovative drug approvals jumped from
just 4 percent in 2014 to 27 percent in 2024.
Pharma executives, including AstraZeneca’s CEO Pascal Soriot, are among those
heading to China, as Britain tries to burnish its credentials as a global life
sciences hub — and attract foreign direct investment. | John G. Mabanglo/EPA
Several blockbuster drug patents are set to expire in the coming years, opening
the door for cheaper generic competitors. To refill thinning pipelines,
drugmakers are increasingly turning to biotech companies. British pharma giant
GSK signed a licensing deal with Chinese biotech firm Hengrui Pharma last July.
“Because of the increasing relevance of China, the big pharma industry and the
U.K. by definition is now looking to China as a source of those new innovative
therapies,” Farrelly said.
There are already signs of progress. Science Minister Patrick Vallance said late
last year that the U.K. and China are ready to work together in
“uncontroversial” areas, including health, after talks with his Chinese
counterpart. AstraZeneca, the University of Cambridge and Beijing municipal
parties have already signed a partnership to share expertise.
And earlier this year, the U.K. announced plans to become a “global first choice
for clinical trials.”
“The U.K. can really help China with the trust gap” when it comes to getting
drugs onto the market, said Quin Wills, CEO of Ochre, a biotech company
operating in New York, Oxford and Taiwan. “The U.K. could become a global gold
stamp for China. We could be like a regulatory bridgehead where [healthcare
regulator] MHRA, now separate from the EU since Brexit, can do its own thing and
can maybe offer a 150-day streamlined clinical approval process for China as
part of a broader agreement.”
SLASHING WHISKY TARIFFS
The U.K. has also been pushing for lowered tariffs on whisky alongside wider
agri-food market access, according to two of the industry figures familiar with
the planning cited earlier.
Talks at the end of 2024 between then-Trade Secretary Jonathan Reynolds and his
Chinese counterpart ended Covid-era restrictions on exports, reopening pork
market access.
But in February 2025 China doubled its import tariffs on brandy and whisky,
removing its provisional 5 percent tariff and applying the 10 percent
most-favored-nation rate.
“The whisky and brandy issue became China leverage,” said the senior British
business representative briefed on the talks. “I think that they’re probably
going to get rid of the tariff.”
It’s not yet clear how China would lower whisky tariffs without breaching World
Trade Organization rules, which say it would have to lower its tariffs to all
other countries too.
INDUSTRIAL TENSIONS
The trip comes as the U.K. faces growing international pressure to take a
tougher line on Chinese industrial overproduction, particularly of steel and
electric cars.
But in February 2025 China doubled its import tariffs on brandy and whisky,
removing its provisional 5 percent tariff and applying the 10 percent
most-favored-nation rate. | Yonhap/EPA
But while the U.K.’s allies in the European Union and the U.S. have imposed
tariffs on Chinese EVs, the U.K. has resisted pressure to do so.
There’s a deal “in the works” between Chinese EV maker and Jaguar Land Rover,
said the senior British business representative briefed on the talks quoted
higher, where the two are “looking for a big investment announcement. But
nothing has been agreed.” The deal would see the Chinese EV maker use JLR’s
factory in the U.K. to build cars in Britain, the FT reported last week.
“Chinese companies are increasingly focused on localising their operations,”
said another business representative familiar with the talks, noting Chinese EV
makers are “realising that just flaunting their products overseas won’t be a
sustainable long term model.”
It’s unlikely Starmer will land a deal on heavy energy infrastructure, including
wind turbine technology, that could leave Britain vulnerable to China. The U.K.
has still not decided whether to let Ming Yang, a Chinese firm, invest £1.5
billion in a wind farm off the coast of Scotland.
Tag - Clinical trials
Disclaimer
POLITICAL ADVERTISEMENT
* This is sponsored content from AstraZeneca.
* The advertisement is linked to public policy debates on the future of cancer
care in the EU.
More information here.
Europe has made huge strides in the fight against cancer.[1] Survival rates have
climbed, detection has improved and the continent has become home to some of the
world’s most respected research hubs.[2],[3] None of that progress came easy —
it was built on years of political attention and cooperation across borders.
However, as we look to 2026 and beyond, that progress stands at a crossroads.
Budget pressures and tougher global competition threaten to push cancer and
health care down the EU agenda. Europe’s Beating Cancer Plan — a flagship
initiative aimed at expanding screening, improving early detection and boosting
collaboration — is set to expire in 2027, with no clear plan to secure or extend
its gains.[4],[5]
“My [hope is that we can continue] the work started with Europe’s Beating Cancer
Plan and make it sustainable… [and] build on the lessons learned, [for other
disease areas] ” says Antonella Cardone, CEO of Cancer Patients Europe.
A new era in cancer treatment
Concern about the lapsing initiative is compounded by two significant shifts in
health care: declining investment and increasing scientific advancement.
Firstly, Europe has seen the increased adoption of cost-containment policies by
some member states. Under-investment in Europe in cancer medicines has been a
challenge — specifically with late and uneven funding, and at lower levels than
international peers such as the US — potentially leaving patients with slower
and more limited access to life-saving therapies.[6],[7],[8] Meanwhile, the
U.S., which pays on average double for medicines per capita than the EU,[9] is
actively working to rebalance its relationship with pharmaceuticals to secure
better pricing (“fair market value”) through policies across consecutive
administrations.[10] All the while, China is rapidly scaling investment in
biotech and clinical research, determined to capture the trials, talent, and
capital that once flowed naturally to Europe.[11]
The rebalancing of health and life-science investment can have significant
consequences. If Europe does not stay attractive for life-sciences investment,
the impact will extend beyond cancer patient outcomes. Jobs, tax revenues,
advanced manufacturing, and Europe’s leadership in strategic industries are all
at stake.[12]
Secondly, medical science has never looked more promising.[7] Artificial
intelligence is accelerating drug discovery, clinical trials, and diagnostics,
and the number of approved medicines for patients across Europe has jumped from
an average of one per year between 1995 and 2000 to 14 per year between 2021 and
2024.[13],[14],[15], [7] Digital health tools and innovative medtech startups
are multiplying, increasing competitiveness and lowering costs — guiding care
toward a future that is more personalized and precise.[16],[17]
Europe stands at the threshold of a new era in cancer treatment. But if
policymakers ease up now, progress could stall — and other regions, especially
the U.S. and China, are more than ready to widen the innovation gap.
Recognizing the strategic investment
Health spending is generally treated as a budget item to be contained. Yet
investment in cancer care has been one of Europe’s smartest economic
bets.[18],[19] The sector anchors millions of high-skilled jobs (it employs
around 29 million people in the EU[11]) and attracts global life sciences
investment. According to the European Commission, the sector contributes nearly
€1.5 trillion to the EU economy.[12] Studies from the Institute of Health
Economics confirm that money put into research directly translates into better
survival outcomes.[20]
The same report shows that although the overall spend on cancer is increasing,
the cost per patient has actually decreased since 1995, suggesting that
innovative treatments are increasing efficiency.[20]
Those gains matter not only to patients and families, but to Europe’s long-term
stability: healthier populations mean fewer costs down the line, stronger
productivity, and more sustainable public finances.[20]
Fixing Europe’s access gap
Cancer medicines bring transformative value — to patients, to society and to the
wider economy. [21]
However, even as oncology therapies advance, patients across Europe are not
benefiting equally. EFPIA’s 2024 Patients W.A.I.T. indicator shows that, on
average, just 46 percent of innovative medicines approved between 2020 and 2023
were available to patients in 2024.[22] On average, it takes 578 days for a new
oncology medicine to reach European patients, and only 29 percent of drugs are
fully available in all member states.[23]
This is not caused by a lack of breakthrough medicines, but by national policy
mechanisms that undervalue innovation. OECD and the Institute for Health
Economics data show that divergent HTA requirements, rigid cost-effectiveness
thresholds, price-volume clawbacks, ad hoc taxes on pharmaceutical revenues and
slow national reimbursement decisions collectively suppress timely access to new
cancer medicines across the EU.[24]
These disparities cut against Europe’s long-standing reputation as a collection
of societies that values equitable, high-quality care for all of its citizens.
It risks eroding one of the EU’s defining strengths: the commitment to fairness
and collective progress.
Cancer policy solutions for the EU
Although this is ultimately a matter for member states, embedding cancer as a
permanent EU priority — backed by funding, coordination, and accountability —
could give national systems the incentives and strategic direction to buck these
trends. These actions will reassure pharmaceutical companies that Europe is
serious about attracting clinical trials and the launch of new medicines,
ensuring that its citizens, societies and economies enjoy the benefits this
brings.
Europe’s Beating Cancer Plan delivered progress, but its expiry presents a
pivotal moment. 2026 and beyond bring a significant opportunity for the EU to
build on this by ensuring that member states implement National Cancer Control
Plans and have clear targets and accountability on their national performance,
including on investment and access. To do this, EU policymakers should consider
three actions as an immediate priority with lasting impact:
* Embed cancer and investment within EU governance. Build it into the European
Semester on health with mandatory indicators, regular reviews, and
accountability frameworks to ensure continuity. This model worked well during
Covid-19 and should be adapted for non-communicable diseases starting with
cancer as a pilot.
* Secure stable and sufficient funding. The Multiannual Financial Framework
must ensure adequate funding for health and cancer to encourage coordinated
initiatives across member states.
* Strengthen EU-level coordination. Ensure that pan-EU structures such as the
Comprehensive Cancer Centres and Cancer Mission Hubs are adequately funded
and empowered.
These are the building blocks of a lasting European commitment to cancer. With
action, Europe can secure a sustainable foundation for patients, resilience and
continued scientific excellence.
--------------------------------------------------------------------------------
[1] European Commission, OECD/European Observatory on Health Systems and
Policies. 2023. State of Health in the EU: Synthesis Report 2023. Available at:
https://health.ec.europa.eu/system/files/2023-12/state_2023_synthesis-report_en.pdf
[Accessed December 2025]
[2] Efpia. 2025. Cancer care 2025: an overview of cancer outcomes data across
Europe. Available at:
https://www.efpia.eu/news-events/the-efpia-view/statements-press-releases/ihe-cancer-comparator-report-2025/
[Accessed December 2025]
[3] Cancer Core Europe. 2024. Cancer Core Europe: Advancing Cancer Care Through
Collaboration. Available at:
https://www.cancercoreeurope.eu/cce-advancing-cancer-care-collaboration/
[Accessed December 2025]
[4] European Commission. 2021. Europe’s Beating Cancer Plan. Available
at:https://health.ec.europa.eu/system/files/2022-02/eu_cancer-plan_en_0.pdf
[Accessed December 2025]
[5] European Parliament. 2025. Europe’s Beating Cancer Plan: Implementation
findings.
https://www.europarl.europa.eu/RegData/etudes/STUD/2025/765809/EPRS_STU(2025)765809_EN.pdf
[Accessed December 2025]
[6] Hofmarcher, T., et al. 2024. Access to Oncology Medicines in EU and OECD
Countries (OECD Health Working Papers, No.170). OECD Publishing. Available at:
https://www.oecd.org/content/dam/oecd/en/publications/reports/2024/09/access-to-oncology-medicines-in-eu-and-oecd-countries_6cf189fe/c263c014-en.pdf
[Accessed December 2025]
[7] Manzano, A., et al. 2025. Comparator Report on Cancer in Europe 2025 –
Disease Burden, Costs and Access to Medicines and Molecular Diagnostics (IHE).
Available at: https://ihe.se/app/uploads/2025/03/IHE-REPORT-2025_2_.pdf
[Accessed December 2025]
[8] Efpia. [no date]. Europe’s choice. Available at:
https://www.efpia.eu/europes-choice/ [Accessed December 2025]
[9] OECD. 2024. Prescription Drug Expenditure per Capita.
https://data-explorer.oecd.org/vis?lc=en&pg=0&snb=1&vw=tb&df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_SHA%40DF_SHA&df[ag]=OECD.ELS.HD&df[vs]=&pd=2015%2C&dq=.A.EXP_HEALTH.USD_PPP_PS%2BPT_EXP_HLTH._T..HC51%2BHC3.._T…&to[TIME_PERIOD]=false&lb=bt
[Accessed December 2025]
[10] The White House. 2025. Delivering most favored-nation prescription drug
pricing to American patients. Available at:
https://www.whitehouse.gov/presidential-actions/2025/05/delivering-most-favored-nation-prescription-drug-pricing-to-american-patients/
[Accessed December 2025]
[11] Eleanor Olcott, Haohsiang Ko and William Sandlund. 2025. The relentless
rise of China’s Biotechs. Financial Times. Available at:
https://www.ft.com/content/c0a1b15b-84ee-4549-85eb-ed3341112ce5 [Accessed
December 2025]
[12] European Commission, Directorate-General for Communication. 2025. Making
Europe a Global Leader in Life Sciences. Available at:
https://commission.europa.eu/news-and-media/news/making-europe-global-leader-life-sciences-2025-07-02_en
[Accessed December 2025]
[13] Financial Times. 2025. How AI is reshaping drug discovery. Available at:
https://www.ft.com/content/8c8f3c10-9c26-4e27-bc1a-b7c3defb3d95 [Accessed
December 2025]
[14] Seedblink. 2025. Europe’s HealthTech investment landscape in 2025: A deep
dive.
https://seedblink.com/blog/2025-05-30-europes-healthtech-investment-landscape-in-2025-a-deep-dive
[15] European Commission. [No date]. Artificial Intelligence in healthcare.
Available at:
https://health.ec.europa.eu/ehealth-digital-health-and-care/artificial-intelligence-healthcare_en
[Accessed December 2025]
[16] Codina, O. 2025. Code meets care: 20 European HealthTech startups to watch
in 2025 and beyond. EU-Startups. Available at:
https://www.eu-startups.com/2025/06/code-meets-care-20-european-healthtech-startups-to-watch-in-2025-and-beyond
[Accessed December 2025]
[17] Protogiros et al. 2025. Achieving digital transformation in cancer care
across Europe: Practical recommendations from the TRANSiTION project. Journal of
Cancer Policy. Available at:
https://www.sciencedirect.com/science/article/pii/S2213538325000281 [Accessed
December 2025]
[18] R-Health Consult. [no date]. The case for investing in a healthier future
for the European Union. EFPIA. Available at:
https://www.efpia.eu/media/xpkbiap5/the-case-for-investing-in-a-healthier-future-for-the-european-union.pdf
[Accessed December 2025]
[19] Pousette A., Hofmarcher T. 2024.Tackling inequalities in cancer care in the
European Union. Available at:
https://ihe.se/en/rapport/tackling-inequalities-in-cancer-care-in-the-european-union-2/
[Accessed December 2025]
[20] Efpia. 2025. Comparator Report Cancer in Europe 2025. Available at:
https://www.efpia.eu/media/0fbdi3hh/infographic-comparator-report-cancer-in-europe.pdf
[Accessed December 2025]
[21] Garau, E. et al. 2025. The Transformative Value of Cancer Medicines in
Europe. Dolon Ltd. Available at:
https://dolon.com/wp-content/uploads/2025/09/EOP_Investment-Value-of-Oncology-Medicines-White-Paper_2025-09-19-vF.pdf?x16809
[Accessed December 2025]
[22] IQVIA. 2025. EFPIA Patients W.A.I.T. Indicator 2024 Survey. Available at:
https://www.efpia.eu/media/oeganukm/efpia-patients-wait-indicator-2024-final-110425.pdf
[Accessed December 2025]
[23] Visentin M. 2025. Improving equitable access to medicines in Europe must
remain a priority. The Parliament. Available at:
https://www.theparliamentmagazine.eu/partner/article/improving-equitable-access-to-medicines-in-europe-must-remain-a-priority
[Accessed December 2025]
[24] Hofmarcher, T. et al. 2025. Access to novel cancer medicines in Europe:
inequities across countries and their drivers. ESMO Open. Available at:
https://www.esmoopen.com/action/showPdf?pii=S2059-7029%2825%2901679-5 [Accessed
December 2025]
After more than three decades in the pharmaceutical industry, I know one thing:
science transforms lives, but policy determines whether innovation thrives or
stalls. That reality shapes outcomes for patients — and for Europe’s
competitiveness. Today, Europeans stand at a defining moment. The choices we
make now will determine whether Europe remains a global leader in life sciences
or we watch that leadership slip away.
It’s worth reminding ourselves of the true value of Europe’s life sciences
industry and the power we have as a united bloc to protect it as a European
good.
Europe has an illustrious track record in medical discovery, from the first
antibiotics to the discovery of DNA and today’s advanced biologics. Still today,
our region remains an engine of medical breakthroughs, powered by an
extraordinary ecosystem of innovators in the form of start-ups, small and
medium-sized enterprises, academic labs, and university hospitals. This strength
benefits patients through access to clinical trials and cutting-edge treatments.
It also makes life sciences a strategic pillar of Europe’s economy.
The economic stakes
Life sciences is not just another industry for Europe. It’s a growth engine, a
source of resilience and a driver of scientific sovereignty. The EU is already
home to some of the world’s most talented scientists, thriving academic
institutions and research clusters, and a social model built on universal access
to healthcare. These assets are powerful, yet they only translate into future
success if supported by a legislative environment that rewards innovation.
> Life sciences is not just another industry for Europe. It’s a growth engine, a
> source of resilience and a driver of scientific sovereignty.
This is also an industry that supports 2.3 million jobs and contributes over
€200 billion to the EU economy each year — more than any other sector. EU
pharmaceutical research and development spending grew from €27.8 billion in 2010
to €46.2 billion in 2022, an average annual increase of 4.4 percent. A success
story, yes — but one under pressure.
While Europe debates, others act
Over the past two decades, Europe has lost a quarter of its share of global
investment to other regions. This year — for the first time — China overtook
both the United States and Europe in the number of new molecules discovered.
China has doubled its share of industry sponsored clinical trials, while
Europe’s share has halved, leaving 60,000 European patients without the
opportunity to participate in trials of the next generation of treatments.
Why does this matter? Because every clinical trial site that moves elsewhere
means a patient in Europe waits longer for the next treatment — and an ecosystem
slowly loses competitiveness.
Policy determines whether innovation can take root. The United States and Asia
are streamlining regulation, accelerating approvals and attracting capital at
unprecedented scale. While Europe debates these matters, others act.
A world moving faster
And now, global dynamics are shifting in unprecedented ways. The United States’
administration’s renewed push for a Most Favored Nation drug pricing policy —
designed to tie domestic prices to the lowest paid in developed markets —
combined with the potential removal of long-standing tariff exemptions for
medicines exported from Europe, marks a historic turning point.
A fundamental reordering of the pharmaceutical landscape is underway. The
message is clear: innovation competitiveness is now a geopolitical priority.
Europe must treat it as such.
A once-in-a-generation reset
The timing couldn’t be better. As we speak, Europe is rewriting the
pharmaceutical legislation that will define the next 20 years of innovation.
This is a rare opportunity, but only if reforms strengthen, rather than weaken,
Europe’s ability to compete in life sciences.
To lead globally, Europe must make choices and act decisively. A triple A
framework — attract, accelerate, access — makes the priorities clear:
* Attract global investment by ensuring strong intellectual property
protection, predictable regulation and competitive incentives — the
foundations of a world-class innovation ecosystem.
* Accelerate the path from science to patients. Europe’s regulatory system must
match the speed of scientific progress, ensuring that breakthroughs reach
patients sooner.
* Ensure equitable and timely access for all European patients. No innovation
should remain inaccessible because of administrative delays or fragmented
decision-making across 27 systems.
These priorities reinforce each other, creating a virtuous cycle that
strengthens competitiveness, improves health outcomes and drives sustainable
growth.
> Europe has everything required to shape the future of medicine: world-class
> science, exceptional talent, a 500-million-strong market and one of the most
> sophisticated pharmaceutical manufacturing bases in the world.
Despite flat or declining public investment in new medicines across most member
states over the past 20 years, the research-based pharmaceutical industry has
stepped up, doubling its contributions to public pharmaceutical expenditure from
12 percent to 24 percent between 2018 and 2023. In effect, we have financed our
own innovation. No other sector has done this at such scale. But this model is
not sustainable. Pharmaceutical innovation must be treated not as a cost to
contain, but as a strategic investment in Europe’s future.
The choice before us
Europe has everything required to shape the future of medicine: world-class
science, exceptional talent, a 500-million-strong market and one of the most
sophisticated pharmaceutical manufacturing bases in the world.
What we need now is an ambition equal to those assets.
If we choose innovation, we secure Europe’s jobs, research and competitiveness —
and ensure European patients benefit first from the next generation of medical
breakthroughs. A wrong call will be felt for decades.
The next chapter for Europe is being written now. Let us choose the path that
keeps Europe leading, competing and innovating: for our economies, our societies
and, above all, our patients. Choose Europe.
--------------------------------------------------------------------------------
Disclaimer
POLITICAL ADVERTISEMENT
* The sponsor is European Federation of Pharmaceutical Industries and
Associations (EFPIA)
* The ultimate controlling entity is European Federation of Pharmaceutical
Industries and Associations (EFPIA)
* The political advertisement is linked to the Critical Medicines Act.
More information here.
With multiple legislative processes underway, we are now in an important moment
for Europe’s ambition to boost access and be a global leader in innovation. An
agile, modernized regulatory system — coupled with supportive intellectual
property and access policies — can attract research and development and advanced
manufacturing to Europe. This will contribute to the earlier availability of new
cures for European patients and a healthier innovative ecosystem.
Unfortunately, today we see that Europe is falling behind global competition.
Over the last decade, there has been a 10 percent decrease in clinical trials in
the European Union, which has led to 60,000 fewer European patients
participating in trials.[1] Europe’s fragmented system for clinical trial
approvals is a leading cause of this decline, impacting early access to
innovative treatments. As scientific breakthroughs can deliver better health
outcomes for patients, governments need to keep pace with this speed of
innovation.
> Draghi report on EU competitiveness importantly identified pharmaceutical
> innovation as a strategic sector for growth in Europe. That said, the report
> also noted that what is missing is a simple and strong execution plan behind
> it, with simplified regulation and coherent and predictable policies that
> could drive the European goals of increased competitiveness and strategic
> autonomy.
Europe’s marketing authorisation process now exceeds 14 months (444 days),
causing patients to wait nearly three months longer than in the US (356 days)
and over five months longer than in Japan (290 days) for access to innovative
medicines.[2] Such delays, combined with complex and lengthy country-level
market access systems, mean patients in Europe are waiting an average of 20
months longer than people living in the United States to benefit from scientific
innovation.[3]
Last year’s Draghi report on EU competitiveness importantly identified
pharmaceutical innovation as a strategic sector for growth in Europe. That said,
the report also noted that what is missing is a simple and strong execution plan
behind it, with simplified regulation and coherent and predictable policies that
could drive the European goals of increased competitiveness and strategic
autonomy.
Ongoing discussions on the revision of the General Pharmaceutical Legislation
and the In Vitro Diagnostic Regulation (IVDR), the Critical Medicines Act and
the upcoming Biotech Act (Part 1) mark crucial opportunities for Europe to
become a global leader for innovation. However, to make this vision a reality,
the EU must address structural challenges that undermine innovation and patient
access to novel, lifesaving medicines.
> To reverse the worrying decline in European clinical trial activity, the EU
> should implement a maximum two-month approval process for clinical trial
> applications (CTAs), encompassing the reviews of both regulators and ethics
> committees consistent with other global leaders.
The successful implementation of structural, future-proof policy changes can
ensure timely access to innovative medicines for EU citizens, and this can be
achieved through five key policy recommendations:
Facilitate and accelerate clinical trial applications
To reverse the worrying decline in European clinical trial activity, the EU
should implement a maximum two-month approval process for clinical trial
applications (CTAs), encompassing the reviews of both regulators and ethics
committees consistent with other global leaders. It is equally important to
increase collaboration among EU member states to remove unique and specific
national CTA requirements and questions, and to also introduce opportunities for
an informal dialogue with regulators to expediently address smaller challenges
that can be quickly fixed. Legislative overlaps and fragmentation between the
Clinical Trials Regulation (CTR) and the IVDR should also be addressed to avoid
delays in clinical trials that utilize companion diagnostics.
Expand expedited pathways
Despite their potential, the EU’s expedited pathways (such as the European
Medicines Agency’s PRIME scheme for unmet medical needs, Conditional Marketing
Authorisation and Accelerated Assessment) are underutilised, limiting rapid
patient access to important medicines. Similar expedited pathways are widely
used by other regulators around the world, like the United States and Japan.
Expanding the use of expedited pathways in the EU to new indications and
aligning eligibility criteria with global standards would ensure that the EU has
more competitive regulatory pathways and earlier patient access to life-saving
medicines.
Shorten scientific advice and approval timelines
Shortening the EU’s scientific advice procedure is critical to optimise the
development of innovative products, ensure timely and efficient resource
management for both applicants and regulators, and maintain the EU’s influence
in global scientific and clinical research. By evolving to a more integrated and
agile dialogue, the EU can provide comprehensive, consistent guidance throughout
the product lifecycle and remain competitive with other regions. Given their
growing number, scientific advice should be available for medicines used with
all types of medical devices and in vitro diagnostics (including combinations
diagnostics) to address the complexities of working across these regulatory
frameworks.
> An agile, modernized regulatory system — coupled with supportive intellectual
> property and access policies — can attract research and development and
> advanced manufacturing to Europe.
Regarding the current lengthy approval times, the proposed reduction of EMA’s
standard assessment timelines from 210 to 180 days — as suggested in the
revision of the pharmaceutical legislation — would allow regulators to
accelerate their scientific assessments. Furthermore, the European Commission
can streamline its decision phase (currently requiring up to 67 days) by
conducting its activities in parallel with the scientific assessment.
Strengthen the EU Medicines Regulatory Network and embrace regulatory sandboxes
Achieving greater speed and agility within a regulatory system requires an
appropriately resourced, sustainable regulatory infrastructure. We support
transparent regulatory budgets across the network, backed by consistent
investments in expertise, funding and infrastructure to support continuous
capacity and capability advancements. Collaborative regulatory pathways (such as
the EMA OPEN framework) could be further expanded to encourage simultaneous
approvals and supply chain resilience across geographies.
Additionally, regulatory sandboxes would be beneficial to pilot and adapt
frameworks for disruptive future innovations, while ensuring appropriate
guardrails to enable the safe development and implementation of these
innovations.
Enhance patient engagement
Effective regulatory decision-making requires both inclusivity and adaptability.
Limited patient and expert input can hinder effective regulatory
decision-making, while rapid pharmaceutical innovation requires adaptable
frameworks. Expert and patient perspectives are crucial for informed
benefit-risk and clinical meaningfulness determinations.
Disclaimer
POLITICAL ADVERTISEMENT
* The sponsor is Eli Lilly & Company
* The advertisement is linked to General Pharmaceutical Legislation (GPL), In
Vitro Diagnostic Regulation (IVDR), Critical Medicines Act (CMA), Biotech Act
(Part 1), Clinical Trials Regulation (CTR), EU Medicines Regulatory Network
More information here.
--------------------------------------------------------------------------------
[1] IQVIA, Assessing the clinical trial ecosystem in Europe, Final Report,
October 2024: efpia_ve_iqvia_assessing-the-clinical-trial-ct-ecosystem.pdf.
[2] Lara J, Kermad A, Bujar M, McAuslane N. 2025. R&D Briefing 101: New drug
approvals in six major authorities 2015-2024: Trends in an evolving regulatory
landscape. Centre for Innovation in Regulatory Science. London,
UK: https://cirsci.org/wp-content/uploads/dlm_uploads/2025/08/CIRS-RD-Briefing-101-v1.1.pdf.
[3] The Patients W.A.I.T. Indicator 2024 Survey.
https://www.efpia.eu/media/oeganukm/efpia-patients-wait-indicator-2024-final-110425.pdf
Epilepsy affects 50 million people globally and 6 million in the EU.1 Despite
this, it is a chronically underfunded and underserved condition in need of
strategic investment. The latest report from Headway1 — a survey dedicated to
tracking and analysing epilepsy care in the EU — underscores the urgent funding
gap across the EU in epilepsy care. At the launch of the latest report in
Brussels, members of the European Parliament, advocacy and patient
organizations, key industry leaders, and I discussed the current picture painted
by the report, and the decisions we must make to support the European epilepsy
community.
Overcoming barriers to epilepsy care
Epilepsy continues to be one of the most significant neurological conditions
across Europe. As the fourth most common neurological disorder,2 it takes a
startling toll on people’s health. People with epilepsy tend to have more
physical problems (such as fractures and bruising from injuries related to
seizures), as well as higher rates of psychological conditions, including
anxiety and depression.3 Defined as a chronic non-communicable neurological
disease, epilepsy is characterized by unprovoked seizures often associated with
neurobiological, cognitive and social consequences.4
Despite the size of the patient population, the condition is often hidden and
therefore heavily stigmatized, with such stigma contributing to a crisis of
care. Nearly 40 percent of people living with epilepsy in Europe remain
untreated, a figure that rises as high as 90 percent in underserved areas.5
Moreover, individuals with epilepsy have more than a twofold increased risk of
premature death compared with the general population, and their life expectancy
is reduced by approximately 10-12 years.6
> Individuals with epilepsy have more than a twofold increased risk of premature
> death compared with the general population, and their life expectancy is
> reduced by approximately 10-12 years.
Epilepsy is not currently recognized in some countries as a brain disorder, and
while new treatments have been coming to the EU, the scarce investment in brain
health impacts access to care, which is already unequal — subject to geographic
lottery, socioeconomic status and gender. Additionally, the stigma associated
with epilepsy, alongside limited seizure control, significantly hinders social
and economic inclusion, resulting in individuals with epilepsy feeling isolated,
engaged in lower employment rates and without long-term financial security.
Addressing these barriers is not just a healthcare imperative, but a societal
one
via Angelini Pharma
Embracing brain capital
Central to the Headway report is the concept of ‘brain capital’. This framework
underscores that investing in brain health, including epilepsy, is a robust
economic strategy. Avoidable epilepsy-related costs are estimated to reach €49.2
billion annually within the EU27 and the U.K., which is approximately 0.28
percent of the combined GDP of the EU and the U.K.. These figures include €20.1
billion in direct costs and €29 billion in indirect costs.7
> Avoidable epilepsy-related costs are estimated to reach €49.2 billion annually
> within the EU27 and the U.K., which is approximately 0.28 percent of the
> combined GDP of the EU and the U.K.
The Headway report outlines three return-on-investment models that address both
the human and financial costs:
1. Closing the treatment gap by ensuring timely access to appropriate care
could yield a return on investment of €1.9 for every €1 invested.8,9,10
2. Addressing psychiatric comorbidities, such as anxiety and depression, by
integrating mental health support into standard epilepsy care can offer a
return of €1.5 per €1 spent.11,12 This intervention is critical, as mental
health disorders often exacerbate the challenges faced by individuals with
epilepsy.
3. Preventing avoidable cases through public health strategies such as stroke
prevention and improved perinatal care could present a return of €1.7 per €1
spent.13
If national health systems across the EU and the U.K. invest €1 in each of these
targeted actions and allocate a larger portion of their total national
healthcare budgets to brain health services such as diagnostics testing,
hospitalizations and antiseizure medications, to name a few, it’s obvious that
it repays itself. It also yields an additional €0.50-€0.90 in reduced healthcare
spending and increased productivity of patients and caregivers. In a climate of
tight healthcare budgets and growing demand, these findings provide an
evidence-based roadmap to better care and stronger systems.
A unified approach to a healthier future
The Headway report is a clear wake-up call for European policymakers to
prioritize epilepsy as part of the broader brain health agenda. By investing in
epilepsy care and engaging the public, countries will not only improve
individual health outcomes but also realize substantial economic and societal
benefits in both the short and long term. Moreover, they can lead the way in
global best practice by scaling up proven solutions such as deploying
epilepsy-specialist nurses and modernizing clinical trial regulations,
especially for complex studies, to promote person-centered care and improve
outcomes.
> By investing in epilepsy care and engaging the public, countries will not only
> improve individual health outcomes but also realize substantial economic and
> societal benefits.
Countries should establish dedicated additional funding for epilepsy and brain
health research within the forthcoming EU Brain Health Partnership and Horizon
Europe. Additionally, strengthening cross-border networks like EpiCARE and
aligning with the World Health Organization’s IGAP framework will support EU
member states and the U.K. in implementing effective national responses, improve
access to highly specialized care and shared expertise, and knowledge from the
inclusion of patient-reported indicators and real-world evidence. Epilepsy
should be included as a distinct priority in the EU’s and member states’ mental
health strategies with tailored indicators and goals for the best possible
outcomes.
> The Headway report lay the foundation for a clear path to a more resilient and
> inclusive society, one that ensures a future where every individual living
> with epilepsy has the opportunity to thrive.
The EU27 and the U.K. stand at a crossroads. The research we’ve done, the
insights we’ve discussed in Brussels and the findings outlined clearly in the
Headway report lay the foundation for a clear path to a more resilient and
inclusive society, one that ensures a future where every individual living with
epilepsy has the opportunity to thrive. The need now is for committed action. It
is crucial that policymakers, medical and healthcare professionals, and those
living with epilepsy come together to effect change, improve access to treatment
and turn our vision into reality.
> --------------------------------------------------------------------------------
1. Szaflaraski M (2014), “Social determinants of health in epilepsy”
2. TEHA on GBD 2021 Nervous System Disorders Collaborators (2024), “Global,
regional, and national burden of disorders affecting the nervous system,
1990-2021: a systemic analysis for the Global Burden of Disease Study
2021,” 2025
3. World Health Organisation. Epilepsy. Signs and Symptoms. Available online
here: https://www.who.int/news-room/fact-sheets/detail/epilepsy. (Accessed
August 2025]
4. Fisher RS, et al. Epilepsia 2014;55: 475-482
5. IBE, ILAE, WHO (2011), “Epilepsy in the WHO European Region.” and European
Parliament (2011), “Proceedings of the workshop ‘Treating and living with
Epilepsy’”
6. Thurman DJ et al. (2014), “The burden of premature mortality of epilepsy in
high-income countries: A systematic review from the Mortality Task Force of
the International League Against Epilepsy”. Epilepsia.
7. TEHA on Begley C et al. (2022), “The global cost of epilepsy: A systematic
review and extrapolation”, Strzelczyk et al. (2015), “Costs of epilepsy and
cost‐driving factors in children, adolescents, and their caregivers in
Germany”, and Willems LM et al. (2021), “Multicenter, cross-sectional study
of the costs of illness andcost-driving factors in adult patients with
epilepsy”, 2025
8. Kwon C et al. (2022), “The worldwide epilepsy treatment gap: A systematic
review and recommendations for revised definitions – A report from the ILAE
Epidemiology Commission”. Epilepsia.
9. De Zélicourt M et al. (2014), “Management of focal epilepsy in adults
treated with polytherapy in France: The direct cost of drug resistance
(ESPERA study)”. Seizure.
10. Willems LM et al. (2022), “Multicenter, cross-sectional study of the costs
of illness and cost-driving factors in adult patients with epilepsy”.
Epilepsia
11. Dewhurst E et al. (2015), “A prospective service evaluation of acceptance
and commitment therapy for patients with refractory epilepsy”. Epilepsy &
Behavior.
12. TEHA Group elaboration on OECD data and Fleishman JA et al. (2006), “Using
the SF-12 health status measure to improve predictions of medical
expenditures”. Medical Care
13. The European House of Ambrosetti and Angelini Pharma. (2025) Brain Health
in Uncertain Times: A strategic investment for Europe’s future