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Medicines and Insurance Coverage (MedIC) Initiative



Glossary of Terms Used for Pharmaceuticals and Pharmaceutical Policies in Low- and Middle-Income Countries


Priority Medicines Project

The purpose of the Priority Medicines for Europe and the World Project has been to study pharmaceutical innovation from a public health perspective. The objective was to prepare a public-health-based medicines development agenda for support by the European Union and to develop a systematic methodology for this that can be replicated. For the purposes of this report, a public health perspective is one that is based on principles of equity, evidence and efficiency. Within the context of identifying “pharmaceutical gaps” which affect the citizens of Europe, special emphasis has been placed on identifying those research needs which are also relevant for countries in economic transition and for developing countries. This "commonality of interest" is an important bridging aspect of the Project between Europe and the world. We can summarize the conclusions as follows:
  • There is a commonality of interest for chronic diseases between Europe and the rest of the world
  • Priorities can be set based on evidence, trends and projections and social solidarity
  • Pharmaceutical gaps exist as a result of biological challenges and market failure
  • Highest priorities are antibacterial resistance, influenza, cardiovascular disease and neglected diseases
  • Pricing issues and barriers to innovation strongly affect the European industry
  • The EU needs to find a way to support translational research for market failure pharmaceutical gaps
The report can be found here.


Information from the Third International Conference for Improving Use of Medicines, ICIUM2011