✉news HealthMedicine first seen 14 h ago, last 3 h ago, peak #1
Sandoz CEO questions why cheap generics are undervalued
Original: ‘Why do we value a Mars bar more than life-saving medicine?’ Sandoz CEO calls for level playing field with cheap Chinese antibiotics
Sandoz chief executive has criticised pricing structures that allow everyday consumer goods like a Mars bar to command more perceived value than life-saving antibiotics, calling for a level playing field against cheap Chinese-made generic medicines. The remarks highlight growing debate in the pharmaceutical industry over margins, reliance on Chinese antibiotic production, and the economic pressures squeezing generic drug manufacturers.
Why now: Debate over Europe's dependence on cheap Chinese antibiotics and the weak economics of the generic drugs industry
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