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Pharmaceuticals: Farmindustria, new rules or risk of flight to Bric
http://www.asca.it/news-Farmaceutica__Farmindustria__nuove_regole_o_rischio_fuga_verso_Bric-1161497-ECO.html
01 June 2012 – 13:57
(ASCA) – Berlin, June 1 – ”Even for pharmaceuticals we are at a crossroads and the risk is a flight towards the BRICs”.
To sound the alarm is Pierluigi Antonelli of the Farmindustria presidential committee, speaking on the sidelines of the meeting 'The power of the 'hidden champions' for the Eu economy', organized by Menarini in the Berlin Chemie plant, which is part of the group.
"We need a serious industrial plan that puts growth and our sector back at the center", added Antonelli, noting that "Italy does not have the attractiveness levels of other European countries and Europe is already considered a mature market".
Therefore, he concluded, "the rules of engagement need to be reviewed because the risk of flight to the BRICs is real and Italy is not shining".
afe/sam/bra
Editor's note: BRIC = Brazil, Russia, India, China