Press centre News

14
August
2015

VEGAS LEX takes part in shaping legal framework for EAEU pharmaceutical market

On August 12, 2015, Manager of VEGAS LEX Life Sciences Projects Maria Borzova gave a brief review of the emerging legal framework for drug circulation within the Eurasian Economic Union (EAEU) at a meeting of the nonprofit partnership Standards of Pharmaceutical Market*.

Ms Borzova spoke about the institutional structure and the procedure for adopting international acts of the EAEU; she briefly reviewed the existing drafts aimed at regulating the EAEU pharmaceutical market and assessed the progress status of the work on these international regulatory acts. The expert also analyzed the recent initiatives in regard to legalizing parallel imports in the EAEU and covered some aspects of regulating intellectual property that are of special importance for the pharmaceuticals market.

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The nonprofit partnership Standards of Pharmaceutical Market is a self-regulatory organization that promotes the distribution of high-quality medication on the Russian pharmaceutical market. The partnership includes leading pharmaceutical distributors, specialized logistics operators, Russian manufacturers, pharmacies and pharmacy chains, quality control laboratories and centers. http://www.npsfr.ru/

For more information about VEGAS LEX’s services for the pharmaceutical industry, please go here.

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