The European Federation of Pharmaceutical Industries and Associations (EFPIA) is a Brussels-based trade association and lobbying organisation, founded in 1978 and representing the research-based pharmaceutical industry operating in Europe. Through its membership of 37 national associations and 38 leading pharmaceutical companies, EFPIA represents 1,900 European companies in the areas of researching, developing and manufacturing new medical treatments. Figures in 2021 by the European Commission showed that based on the companies included in its scoreboard Health industries spent 19.9% of all the business research & development in Europe, only surpassed by the Automobiles & Parts industry (33.6%). But the percentage of European spending on R&D in this sector was considerably lower than in the United States. More information...
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