Pharmaceutical Law and Compliance/ Procurement

In Greece there is great growth in the field of pharmaceutical and parapharmaceutical products and dietary supplements.

Unfortunately, there is no extensive research into the discovery and creation of new drugs, but there is a large industry for the production of patented drugs on behalf of multinational companies as well as generic drugs whose patents have expired.

The purchase of Dossiers of pharmaceutical products – nutritional supplements and their promotion in the Greek market is proving to be particularly profitable today, as consumers are looking for supplements that will help them cope with the difficult, demanding and often stressful aspects of daily life.

At the same time, the cooperation of Greek companies with large multinational companies in the field of medicine but also the adoption by the Association of Pharmaceutical Companies of the Code of Ethics creates additional obligations of compliance with these Codes. Thus, the drafting of relevant internal Codes of Ethics in companies is essential, as well as the drafting of contracts and agreements with Health Professionals, hospitals and other health-related associations related to sponsorships, donations, attending seminars, assignments, etc. in a way that the respective Codes are observed.

Our Firm deals on a daily basis with various issues of pharmaceutical law, such as pricing of drugs and medical equipment, drug licenses, transfers of pharmaceuticals and nutritional supplements. It also offers consulting coverage and deals with the drafting of contracts related to pharmaceutical companies (and not only), such as contract manufacturing, co-marketing, co-promotion, licensing, commercial distribution and representation as well as internal Codes of Ethics and other contracts auxiliary to the daily work of pharmaceutical companies.

Moreover, an important part of the daily involvement of pharmaceutical companies is their participation in public/private procurement tenders. Our Firm offers consulting coverage in this field and is additionally active – with great success – by filing objections, appeals, etc. before the competent administrative authorities.