GlaxoSmithKline (GSK) and other pharmas concerned by parallel trade have been given encouragement by Europe’s highest court which said the EC must reconsider the company’s Spanish sale conditions.
Greek authorities have banned the export of the anti-virals Relenza and Tamiflu to prevent the country’s stockpile being sold off through parallel trade as global demand for the drugs increases on concerns about a H1N1 influenza pandemic.
Claims that allowing parallel trade in pharmaceuticals is opening
the door to counterfeiting and bioterrorists have been refuted by a
senior executive at Pfizer in testimony to the US Senate's Health,
Education, Labour and Pensions...
The European Union parallel trade in pharmaceuticals is offering
few benefits to cash-strapped national healthcare systems and may
raise the risk of medication errors and entry of counterfeit
medicines into the supply chain, according...
Sir Tom McKillop, chief executive of AstraZeneca, has delivered a
stinging attack on parallel trade in pharmaceuticals as a factor
that is contributing to the ground lost by European pharmaceutical
companies to their US peers over...