Member Organizations Will Have Tracking and Reporting Obligations for Certain “Transfers of Value” to HCPs and HCOs -
On July 2, 2013, the European Federation of Pharmaceutical Industries and Associations (EFPIA or “the Federation”) officially announced its newly approved and highly anticipated Disclosure Code (the “Code”). The Code creates obligations for EFPIA member companies, and companies that are members of an EFPIA member association, to track and report certain transfers of value to health care professionals (HCPs) and health care organizations (HCOs). Tracking must begin in 2015, for mandatory reporting in 2016.
EFPIA members include pharmaceutical industry associations in over thirty European nations and nearly forty individual pharmaceutical manufacturers. Through these two membership channels, EFPIA’s polices and codes apply to roughly 1,900 pharmaceutical manufacturers. Due to its broad membership, EFPIA is able to exert significant influence over European pharmaceutical codes and, consequently, pharmaceutical manufacturers operating in Europe.
Please see full alert below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.