Pharma fees to European regulator spike thanks to 10% inflation rate
Pharma companies submitting marketing authorizations with a full dossier to the European Medicines Agency are going to pay more than $35,000 (€32,600) more in 2023 than 2022, thanks to an inflation rate of 10.4%, the EMA said Friday.
The new fees, which took effect at the beginning of this month, feature increases across the board, with scientific advice from the European regulators now costing anywhere from about $56,000 (€51,800) to about $113,000 (€103,800), up more than $20,000 from 2022 fees on the higher end.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.