Founded in May, 1978, Farmindustria – the association of pharmaceutical companies and member of Confindustria – counts today about 200 national and foreign-owned member companies operating in Italy.
With 64,000 highly qualified employees, nearly half of which are women (44%), the pharmaceutical industry in Italy plays a leading role in the international scenario. The overall pharmaceutical turnover amounts to 30 billion euro, with exports accounting for 71% of manufacturing by the over 180 plants located in Italy.
With 6,200 researchers and investments for 2.7 billion euro each year (1.2 in manufacturing and 1.5 in R&D), Italy is buttressing its pharmaceutical research commitment, as demonstrated by the specialization in biotech, advanced therapies, orphan medicines, plasma derivatives, vaccines and clinical trials, increasingly in cooperation with public and private centres of excellence, universities, innovative SMEs, start-ups, charity and non-profit organizations.
R&D and manufacturing are also vital for the activity of vaccines, which constitutes an excellence of the pharmaceutical industry.
In order to guarantee the most correct behaviour Farmindustria member companies have adopted a Code of Professional Conduct - today one of the most rigorous in Europe - that regulates not only the relations between companies but also their relations with the scientific and medical community.
Farmindustria, which is a member of the European (EFPIA) and International (IFPMA) federations, pursues the achievement of a stable legislative framework and the outlining of policies by which the key role of pharmaceutical industry in enhancing the knowledge-based economy can get the right recognition, which may contribute to consolidating industrial presence on the territory and investments in research and manufacturing.
In order to convey the importance of pharmaceutical industry and Research, Farmindustria has started a “roadshow” through the Associated companies’ facilities, with the aim of providing a live demonstration of producing value. Farmindustria has also presented the Orologio della Vita (Life Clock), which measures the contribution of medicines to the increase in life expectancy, and has created the website www.farmaci-e-vita.it