Nine Pharma Chairs Warn Europe Is Losing Ground to US and China

The chairs of nine drugmakers including AstraZeneca, GSK and Novo Nordisk have written to European national leaders warning Europe is "losing ground" to the US and China. The letter is entitled 'Europe Is Losing the Pharma Investment Race – But the Comeback Is Within Reach'. It reads to me as an appeal to capitals, where pricing power lies, to coordinate.