Diabetes and high blood pressure generics in Europe

INICIO/Informes | Posted 21/03/2014 post-comment0 Post your comment

Generics contribute value to the European Union (EU), according to a presentation by Mr Victor Lino Mendonça given at the International Generic Pharmaceutical Alliance (IGPA)’s 16th Annual Conference, which was held in Brussels, Belgium, 9–11 December 2013 [1].

Diabetes cure V14c20

The EU has a population of 505 million spread across 28 countries, with a total gross domestic product of US$16.214 trillion, making it the biggest single economy in the world. Twenty-four of the top 25 countries with the biggest percentage of the population aged over 65 are European. These facts make the EU a lucrative market for medicines. Considering the therapeutic areas of diabetes and high blood pressure alone, generics make up a significant percentage of the overall market.

Diabetes
According to the Organisation for Economic Co-operation and Development (OECD) the use of anti-diabetic medications has almost doubled on average across OECD countries between 2000 and 2011.

In the EU the prevalence of diabetes in 2013 was estimated to be 8.5% in the adult population aged above 15 years. This means that 36 million patients were treated for diabetes, with 20 million of those (54%) being treated with a generic medicine.

High blood pressure
According to the OECD the consumption of anti-hypertensive (high blood pressure) medications has nearly doubled on average in OECD countries over the past decade, and it has more than tripled in Estonia and Luxembourg.

In the EU the prevalence of hypertension in 2013 was estimated to be 40% of the population aged above 15 years, with an estimated 19% being treated for the problem. This means that 82 million patients were treated for hypertension, with 48 million of those (59%) being treated with a generic medicine.

Related articles

Cost savings and use of generics in Europe

Cost-cutting in Europe may affect generics sustainability

Reference

1.   Mendonça VL. Review and market trends Europe. IGPA 16th Annual Conference, Brussels, Belgium, 9-11 December 2013.

Permission granted to reproduce for personal and non-commercial use only. All other reproduction, copy or reprinting of all or part of any ‘Content’ found on this website is strictly prohibited without the prior consent of the publisher. Contact the publisher to obtain permission before redistributing.

Copyright – Unless otherwise stated all contents of this website are © 2014 Pro Pharma Communications International. All Rights Reserved.

comment icon Comments (0)
Post your comment
Most viewed articles
Sobre GaBI
INICIO/Sobre GaBI Posted 06/08/2009
EU guidelines for biosimilars
EMA logo 1 V13C15
INICIO/Directrices Posted 08/10/2010