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Italian Pharma SMEs: Family Knows Best!

Italy’s traditional family-owned pharmaceutical companies are one of its greatest strengths; but these companies must be amenable to outside influence in order to grow sustainably.

“It is important to recognize that the backbone of the Italian pharma industry is composed of private, family owned companies,” says PwC partner Rodrigue Schübelin. “This is actually a significant competitive advantage in many regards, as these companies do not have to answer to shareholders every quarter and can act much more flexibly and decisively than their public counterparts.” However, he highlights that “the risk is that without that pressure, some companies may not challenge themselves to grow enough, or have a clear idea of where they should invest.”

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