Innovative Pharmaceutical Initiative – iF!
In 2023, the members of the Innovative Pharmaceutical Initiative (iF!) recorded almost 26 million euros in transferred value to healthcare organizations and healthcare professionals, patient associations, as well as investments in research and development, which enable patients to access the latest therapies and provide physicians with education on new and effective treatment methods.
Of the total amount, the innovative pharmaceutical industry in Croatia invested 6.5 million euros in research and development last year, which is 1.1 million euros more than in 2022. At least 8.5 million euros in value was transferred to healthcare professionals, and at least 10 million euros to healthcare organizations, which represents 39 percent of the total transfer. In accordance with regulations ensuring personal data protection, 16.3 percent of physicians voluntarily provided their data for individual disclosure of value transfer information.
Members of iF! have publicly disclosed data on transfers of value to physicians and healthcare organizations as of June 30, in accordance with the requirements of the EFPIA Code on Disclosure of Transfers of Value. This marks the ninth consecutive year that the innovative pharmaceutical industry has practiced this in over 30 countries. The innovative pharmaceutical industry is the first industry in the world to publicly disclose transfer of value data, contributing to transparency in public-private sector collaboration and to a better understanding of the relationship between the industry and healthcare professionals and organizations.
With these funds, the innovative pharmaceutical industry in Croatia has, for example, enabled the implementation of a number of valuable projects by various healthcare organizations through sponsorships and donations, thereby contributing to the improvement of public health in the Republic of Croatia. In addition to the professional development of physicians, the collaboration between the industry and healthcare professionals also involves participation in medical and educational meetings, where physicians provide their expertise, time, and work, for which they receive fair compensation. Research and development refer to the processes of collecting data on the efficacy and safety of specific medicines or medical procedures, and are conducted through clinical studies and collaboration with healthcare organizations, healthcare professionals, and patients. In addition to the transfer of value itself, research and development processes also provide additional value through free medicines, as well as the education of physicians on new and more effective treatment methods. Recognizing the value and contribution of patient associations in the healthcare system, the innovative pharmaceutical industry supported the activities of these associations with a total of nearly 800,000 euros.
About the Innovative Pharmaceutical Initiative
The Croatian Association of Innovative Drug Manufacturers iF! (Innovative Pharmaceutical Initiative) has for 25 years united and represented 19 innovative pharmaceutical companies employing 703 staff and supplying 56% of medicines in Croatia. The association is a member of EFPIA – the European Federation of Pharmaceutical Industries and Associations based in Brussels. More details can be found at www.ifi.hr.
iF! members: AbbVie d.o.o., Amgen, Astellas d.o.o., AstraZeneca d.o.o., Bayer d.o.o., Berlin-Chemie Menarini Hrvatska d.o.o., Biogen d.o.o., Boehringer Ingelheim Zagreb d.o.o., Eli Lilly Hrvatska d.o.o., Johnson & Johnson S.E. d.o.o., Merck d.o.o., Merck Sharp & Dohme d.o.o., Novartis Hrvatska d.o.o., Novo Nordisk Hrvatska d.o.o., Pfizer Croatia d.o.o., Roche d.o.o., Servier Pharma d.o.o., Sobi d.o.o., and Takeda Pharmaceuticals d.o.o.
Contact: kodeks@ifi.hr
* The stated amount represents the sum of the net and gross value‑transfer amounts, since iF! member companies were able to choose how to report the data.
Innovative Pharmaceutical Initiative – iF!