EU SIMPLIFIES MEDICINE TRADE DIVERSION LEGISLATION
April 1st, 2016
THE EUROPEAN Commission has proposed a codified and simplified European Union (EU) regulation on preventing medicines sold in poor countries at low prices being diverted back into EU markets. The problem has long been a concern of the EU, and it passed a regulation to prevent these grey imports in 2003, but this was subsequently been amended in 2004, 2005 and 2014, creating complexity and the potential for confusion amongst pharmacos, their customers and regulators alike. “In the interests of clarity and rationality, that regulation should be codified,” noted ...
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