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Latest From Ahmet Sevindik
As Turkey’s City Hospitals project goes underway, with the first few hospitals already up and running, big medtech players are swooping down to capitalize on this opportunity which promise to boost the Turkish market by up to TRY2bn. However, intense competition, as well as basic problems that had been plaguing companies operating in that country, persists and still needs to be resolved.
Siemens Healthineers last month won a five-year contract to oversee the clinical lab service operations for two new hospitals in Turkey. The deal, expected to bring in at least €30m in revenue for Siemens, is part of Turkey's initiative to boost its health care system by modernizing existing, as well as building brand new facilities. Sevket On, General Manager of Siemens Healthineers Turkey, provides more insight into this deal as well as the group's broader strategies to capitalize on the growth opportunities presented by Turkey's health care expansion plans.
Turkey has been working on a new draft guide to increase access to orphan drugs, focusing on accelerating licensing procedures, and other incentives.
Turkey’s public payer body has said it will halt reimbursement of 54 products from 2018 unless manufacturers, including several multinationals, agree to start local production within a year.
Families of spinal muscular atrophy patients in Turkey are demanding immediate access to Biogen’s Spinraza following its US approval in December. Its public payer is in discussions over possible reimbursement of the high-priced imported drug but the company is said to have shown no pricing flexibility so far.
Facing difficulties in attracting greenfield pharma investments in the production of original and high-tech drugs, the Turkish Government is leveraging its purchasing power for generics to encourage local manufacture in this sector. Faced with the threat of exclusion from reimbursement, some multinationals are now building up their capacity in the country.