Revista Farmespaña Industrial Mayo Junio 2026

Financiación Estimados lectores: en este artículo vamos a tratar un tema de, como siempre, rabiosa actualidad, ya que abordaremos el asunto de las inversiones en nuestro sector, acompañado de conceptos básicos financieros para «no financieros», para entender así un poco más y mejor lo que está ocurriendo actualmente en un mundo más convulso y complicado cada día. Vamos a ello. EDUARDO SANZ SENIOR ADVISER PHARMACEUTICAL INDUSTRY * %)2(# &2# %"&"?# -/,/# ($2,3*2?# -/0 ,2%;"*2,/(# -/%# '%/(# &")/(# 5G($0 -/(# *2(32-)/#"6# )2,"#H'2#%/(#")"D2_# =6# (2-)/*# $%8$2*)2# 2%# ='*/3"# ,G(# &2# AI<BBB# ,$66/%2(#&2#2'*/(#2%# E`k?#2,362"#"#bAB<BBB# 32*(/%"(?#3*/&'-2#3/*# 8"6/*#&2# aa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k$+$-'6)"&#2%#/5)2%2*#5'2%/(#3*2-$/(#2%# 26#3*/-2(/#&2#+$%"%-$"-$4%< 5# k'*"(# -/,32)2%-$"(# &2# 6/(# ,2*-"&/(# "($G)$-/(< <<<#6"(#-/,3"D9"(#2()G%#$%8$*)$2%&/#-"&"#&9"# ,G(?# %/# (/6/# 2%# -/,3*"(# :# "&H'$($-$/%2(?# ($%/# 2%# F"-2*# ,'-F/# ,G(# +'2*)2(# ('(# 3*/0 3$"(#2()*'-)'*"(#"-)'"62(#:#%/#&2(6/-"6$;"*(2# /# &2($%82*)$*?# -/,/# F"# ($&/?# "#,$# 2%)2%&2*?# '%"#"--$4%#2**4%2"#2%#26#3"("&/< quo vadis galeno 16 FARMESPAÑA INDUSTRIAL · MAY/JUN 26