EU Commission ends Danish HERA dreams – but could provide new opportunities for the pharmaceutical industry

With a budget potentially exceeding EUR 47.1bn (DKK 350bn), the EU Commission wants to establish a new agency to ward against future health crises. While the financial makeup is uncertain, good news for future clinical trials might be on the way.

One of the European Commissions Vice-Presidents, Margaritis Schinas (left), presented the HERA proposal on Thursday, alongside with Commissioner for Health and Food Safety Stella Kyriakides and Commissioner for Internal Market Thierry Breton. | Photo: FRANCOIS WALSCHAERTS/AFP / AFP

Covid-19 has brought many hard-learned lessons, both financial and human. Hence, a new deparment to anticipate and fend off future health emergencies is being established on European soil as early as next year.

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