MedWatch

Roche: The US and Asia outsprint Europe in life science sector

Slow regulatory processes and an unwillingness to pay the price for new medicines are contributing factors to Europe losing its significance as the home of drug development, criticizes Roche CEO.

Europe risks losing the race to win the favor of pharmaceutical companies, CEO at Roche Severin Schwan tells business daily Børsen.

He highlights easier access to health data and a willingness to reward innovation as deciding factors in explaining why the US and Asia are surpassing Europe in the pharmaceutical industry.

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