Marie-Theodora Vandewiele, LL.M.’s Post

Interesting insights from Intergenerika underscore the significant impact of generics and biosimilars on Switzerland's healthcare landscape. In 2023, these alternatives saved an impressive 679 million Swiss Francs, emphasizing their potential. Market studies reveal a growing preference for generics and biosimilars, contributing to healthcare cost containment. This market growth reflects an increasing acceptance of these cost-effective, high-quality medications in the Swiss population. Dr. Lucas Schalch, CEO of Intergenerika, highlights this as a testament to trust in the Swiss generic industry's commitment to safe, high-quality, and affordable medication. However, challenges arise in lowering drug prices, affecting affordability and exacerbating supply shortages. Schalch critiques proposed 49% price reductions, highlighting potential consequences in critical therapy areas. Looking ahead to 2024, regulatory adjustments aim for more savings with patent-free quality medicines. Intergenerika calls for easing price pressure and advocating minimum prices for essential medications, challenging the notion that the cheapest solution is the best. Let's continue the dialogue on how generics and #Biosimilars shape a cost-effective and sustainable healthcare landscape in Switzerland.

Rajiv Malhotra

Compliance Officer - GCC Region

9mo

Interesting insight

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