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futureofromania

Study of the Day: Romanians have access to only 17% of medicines approved at European level

Findings:

  • Romanian patients have access to only 17% of new medicines approved in Europe (29 out of 167 from 2019-2022).

  • Wait times for access are much longer than the European average (778 days vs. 126 days in Germany).

  • Access varies by disease, with lower availability for oncology and orphan drugs (19%).

Key Takeaway:

Romanian patients face significant gaps in accessing innovative medicines due to delays, limited availability, and budgetary constraints.

Trend:

Limited access to new medicines seems to be persistent in Romania.

Conclusions:

  • Delays in the approval process and budgetary limitations are key hurdles.

  • Infrastructure and resource limitations hinder efficient treatment delivery.

Implications for Brands:

  • Pharmaceutical companies may face delays in launching new medicines in Romania.

  • Focus on therapies with high unmet medical need to justify potential challenges in market access.

  • Collaborate with policymakers to advocate for faster and more predictable approval processes.

  • Invest in initiatives that address infrastructure and resource limitations within the healthcare system.

Overall:

While the pharmaceutical industry can improve its efficiency, significant action from Romanian authorities is needed to improve patient access to innovative medicines.

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