Portugal Pharmaceuticals and Healthcare Report - Business Monitor International - Industry Reports

Portugal Pharmaceuticals and Healthcare Report

Portugal Pharmaceuticals and Healthcare Report - Business Monitor International - Industry Reports
Portugal Pharmaceuticals and Healthcare Report
Published Oct 01, 2016
102 pages — Published Oct 01, 2016
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Abstract:

Spending on medicine in hospitals in Portugal s National Health Service was EUR---.-mn (USD---.-mn) in the first half of ----, representing an increase of --.- over the same period in ----, reports Infarmed in August ----. In July ----, the Southern European countries of Greece, Cyprus, Portugal, Italy and Malta met to discuss possibilities for the joint negotiation of expensive and innovative medicines. ...Spending on medicine in hospitals in Portugal s National Health Service was EUR---.-mn (USD---.-mn) in the first half of ----, representing an increase of --.- over the same period in ----, reports Infarmed in August ----. In July ----, the Southern European countries of Greece, Cyprus, Portugal, Italy and Malta met to discuss possibilities for the joint negotiation of expensive and innovative medicines. In June ----, Health Minister Adalberto Campos Fernandes stated the aim to reduce by half from -.-mn to ---,--- the number of people without a family doctor by the end of ----. ...In June ----, Health Minister Adalberto Campos Fernandes stated the aim to reduce by half from -.-mn to ---,--- the number of people without a family doctor by the end of ----. Also in June, on occasion of a signing ceremony of -- cooperation agreements between the Coimbra Hospital and University Centre and hospital entities, Health Minister Adalberto Campos Fernandes anticipated several policy objectives, including closer integration and coordination within the health system, the strengthening of organisation and management and the implementation of electronic health records to avoid repetition and redundancy tests.

...A growing market for OTC drugs outside pharmacies, and a new third drug category - OTCs available for sale only in pharmacies - should help boost the market. Increasing demand for generic drugs, with the implementation of requiring physicians to prescribe by active ingredient likely to boost the sector further. Generic drug exports are also outperforming the market as a whole. Health Cluster Portugal s support for domestic R&D, manufacturing and marketing; particularly a focus on increasing exports, with a goal of raising export revenues three-fold by ----. Gradual moves towards harmonising marketing regulations within the EU should reduce bureaucracy and increase transparency. ...Gradual moves towards harmonising marketing regulations within the EU should reduce bureaucracy and increase transparency. Harmonising regulations with African countries should attract overseas investments from pharmaceutical companies in other EU countries.

...BMI View: Despite improving macroeconomic indicators both domestically and in key international trade partners, the cost control measures that affect pricing, margins and the market structure are set to continue, keeping a lid on growth prospects for the pharmaceutical market. While market growth will remain slow, rising demand for health and the ongoing normalisation of the operating environment for drugmakers signal improved opportunities for drugmakers over the long term. ...

  
Source:
Document ID
2042-4213
Country
Industry
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Portugal Pharmaceuticals and Healthcare Report" Oct 01, 2016. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Portugal-Pharmaceuticals-and-Healthcare-Report-2026-1653>
  
APA:
Business Monitor International - Industry Reports. (2016). Portugal Pharmaceuticals and Healthcare Report Oct 01, 2016. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Portugal-Pharmaceuticals-and-Healthcare-Report-2026-1653>
  
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