In the heart of Europe we find Belgium, operating with a GDP of €410 bn, with a modest yet steady economic growth rate of 1.4%. In line with expenditure shares in other EU nations, it spends around 10.6% of its GDP on healthcare, which equals around €3,858 per capita. Its overall healthcare (HC) expenditure on […]
How is public health insurance and universal coverage organized in the healthcare system of Belgium?
In 2015 Belgium had a nominal GDP of €410 bn, with an economic growth rate of 1.4%. Belgium’s healthcare expenditure as a percentage of GDP is 10.6%. This is within average range for central and northern European nations. In comparison, the Netherlands spends 10.8% of GDP on healthcare, Sweden spends 11.9% and France spends 11.5%. […]
In most regulated economies, thriving sectoral activity of any industry will provide employment. In particular to the pharma industry, it will provide therapeutic solutions. Belgium’s Pact for the Future, which we discussed in a previous blog post, was created with the acknowledgement that the Belgian pharma industry’s value reaches far beyond the immediate healthcare perspective.
The bio-pharmaceutical industry is characterized by massive investments, long and rigorous product development and great financial risk, where statistically only two out of ten drugs will earn back the money invested into their development It is therefore crucial for investors and the pharma industry that the framework they are operating in is hospitable, stable, and […]
The latest official estimation of the value of the Belgian pharma market, published by the Federal Agency for Medicines and Health Products (FAGG or FAMHP) in 2014, discloses the market value of 2012 and provides the net value as 4.49 bln Euro.
TforG attended the International Symposium on Intensive Care and Emergency Medicine organized by the departments of Intensive Care and Emergency Medicine of Erasme University Hospital, Université Libre de Bruxelles, in association with the Belgian Society of Intensive Care and Emergency Medicine. This event held every March has become one of the largest in the field. […]