Grünenthal's CEO Demands Cooperation With Stakeholders
Valletta, Malta June 14th Gabriel Baertschi addresses the improvement of pain policies in speech at Societal Impact of Pain symposium.
During his speech at the Societal Impact of Pain symposium in Valletta, Malta, Gabriel Baertschi, CEO of Grünenthal and board member of the European Federation of Pharmaceutical Industries and Associations (EFPIA) emphasized the increased necessity of addressing the impact of pain on society. Not only is pain a major burden for those affected and one of the most common reasons for a doctor’s visit, but the societal burden of pain is also a major challenge for social systems in Europe. In the light of an aging society and an increasing number of chronic health conditions, a stronger focus on the societal impact of pain is necessary to secure excellent health care in Europe, in a long-term and sustainable manner.
As a strong voice at the EU level, 1,900 European pharmaceutical companies have joined together as part of EFPIA, the European Federation of Pharmaceutical Industries and Associations. EFPIA wants to improve the lives of patients and provide broad access to adequate (pain) therapy by promoting research and innovation within this field. According to Baertschi overall investments in research and development by the pharmaceutical industry amounted to € 31.5 billion in 2015. Grünenthal itself invested 19 percent of its revenues in research and development.
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Please view all information about Gabriel Baertschi at SIP 2017 here