Marketing Policies, Promotion and Communication on Pharmaceutical Market in Romania and European Union
Sãlãgean Liana – Ramona ()
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Sãlãgean Liana – Ramona: Faculty of Economic Studies „George Bariþiu” University Braºov, Romania
Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 1, 984-988
Abstract:
The research – based pharmaceutical industry can play a critical role in restoring Europe to growth. In 2011 it invested an estimated 27,500 million in R&D in Europe. It directly employs 660,000 people and generates three to four times more employment indirectly – upstream and downstream – than it does directly. However, the sector faces real challenges. Besides the additional regulatory hurdles and escalating R&D costs, the sector has been severely hit by the impact of the tax austerity measures introduced by governments across much of Europe in 2010 and in 2011.
Keywords: marketing; pharmaceutical industry; public healthcare system; profitability; generic products. (search for similar items in EconPapers)
JEL-codes: M31 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:1:p:984-988
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