Since the early 1990s, however, the EU-based pharmaceutical
industry has slowly lost ground to its counterpart in the US. As a
result, the G10 Medicines Group was set up in March 2001 with the
aim of providing a framework for further action to improve the
competitiveness of the pharmaceutical industry and to harness its
power to deliver on Europe's health care goals.
The "Group of Ten" delivered its set of
recommendations on 7 May 2002, relating to areas of both national
and European competence. (see also,
EurActiv 9 May
2002)