COVID-19 Key EU Developments, Policy & Regulatory Update No. 40

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LATEST KEY DEVELOPMENTS

Competition & State Aid

• Launch of Multilateral Working Group of leading competition authorities to assess the effects of mergers in the pharmaceutical sector, including drug pricing

• European Parliament issues Study on Non-performing Loans (“NPLs”), including addressing EU State aid rules and potential surge in NPLs due to COVID-19 crisis

• EU approves new and amended Member State measures to support the economy

Trade / Export Controls

• European Commission extends export authorization mechanism for COVID-19 vaccines until 30 June 2021

• European Parliament INTA Committee meeting to discuss COVID-19 related topics

Medicines and Medical Devices

• EMA to review administration of AstraZeneca’s COVID-19 vaccine and potential related thromboembolic events

• European Commission grants conditional marketing authorization to Janssen’s single-dose COVID-19 vaccine

• EMA starts rolling review of Eli Lilly antibodies for treatment of COVID-19

Cybersecurity, Privacy & Data Protection

• European Commission issues Outline on a Trust Framework for Interoperability of health certificates

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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