EU Parallel Trade ‘Alleviates Shortages’ Says New EAEPC President
Parallel traders play a major role in injecting competition into the EU pharmaceutical market place and alleviating drug shortages, says Kohlpharma’s Jörg Geller, who has just taken over at the helm of the parallel distributors’ representative body in Europe.
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There are now 31 medicines on the UK’s list of products that cannot be parallel exported to other European Economic Area countries as part of government efforts to tackle drug shortages. The parallel trade industry has attacked the initiative for lack of transparency.
The Conservative Party's victory in the UK general election means the Brexit withdrawal deal will be able to pass. The UK will leave the EU by 31 January and enter a transition period during which medicines regulation will remain broadly unchanged.