Market authorization for 92 new medicines in 2021, a 30% increase in new active substances approved compared to 2020 but Europe is still falling behind other regions of the world in the development of the latest therapies. These are just some of the data published in EFPIA’s recent Pipeline report.
Providing an overview of the latest treatments in development, the Pipeline report is a clear indicator of a pharmaceutical industry at the cutting-edge of science, an industry that continues to invest heavily in finding new treatments for hundreds of medical conditions.
The European Federation of Pharmaceutical Industries and Associations (EFPIA) represents the pharmaceutical industry operating in Europe. Through its direct membership of 36 national associations and 39 leading pharmaceutical companies, EFPIA is the voice on the EU scene of 1,900 companies committed to researching, developing and bringing to patients new medicines that will improve health and the quality of life around the world.