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Portugal and Spain look to buy expensive new drugs together

Staff Writer | April 18, 2017
Portugal and Spain are looking to jointly purchase new medicines for such as cancer and infectious and rare diseases.
Portugal and Spain
Europe   Infarmed approved around 50 new drugs
The idea is to pool resources to buy innovative medicines and reinforce their purchasing position to negotiate a better deal on the normally expensive drugs.

Last year national drugs watchdog Infarmed approved around 50 new drugs, representing an extra financial stretch for the state in the region of two billion euros.

A further 20 next-generation medicines are expected to reach the national market this year.