Parallel import in the European Union is the perfectly legal activity under Art. 28-30 EC of buying goods in a low-price country in order to ship and sell them in a high-price country. The pharmaceutical market in Europe is subject to the subsidiartiy principle of Art. 5 EC

15 May 2020 Parallel Distributors/Importers face multiple challenges due to complex verification process and strict reporting requirements.

Citation: Bonadio, E. (2011). Parallel Imports in a Global Market: Should a Generalised. International Exhaustion be the Next Step?. European Intellectual  19 Nov 2020 For EU IPO proceedings still ongoing at the end of the transition period. 1:33. The withdrawal agreement provides that UK representatives may  Parallel trade in pharmaceuticals in the EU was worth approximately €4.3 billion in 2006.1 Parallel importers buy medicines under patent in Member States  23 Jul 2020 Pharmacy market sales' parallel import share - European countries 2018 Value Added Tax (VAT) rate on prescription-only drugs in Europe in  Shortlisted for the 2008 Young Authors Inner Temple Book PrizeAre parallel importers the key to free trade, breaking down long-established national.

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A parallel import is a non- counterfeit product imported from another country without the permission of the intellectual property owner. Parallel imports are often referred to as grey product and are implicated in issues of international trade, and intellectual property. Parallel importing is based on concept of exhaustion of intellectual property Parallel imports from countries both outside and inside the European Economic Area (EEA) are to be found in a large number of trade sectors, such as clothing, footwear, capital goods, cars, pharmaceuticals, etc. In brief, parallel imports involve importing certain products, usually trademark-protected, through sales When a medicinal product has been authorised at EU level, the marketing-authorisation is valid throughout the EU. A parallel distributor may therefore distribute a particular presentation of a centrally authorised product on the market after obtaining a PD notice from the Agency even if the MAH has not yet placed this presentation on the market in this Member State. Starting from January 2021, companies wanting to parallel export medicines from the UK to one or more countries of the European Economic Area may have to seek permission to do so from the owner of the intellectual property rights on the product, and may need to review their business model or supply chain accordingly. Consequently, EU law protects and supports parallel imports as a tool for achieving and maintaining a single market.

Parallel imports are original European supply sourced in another country of the EU/EEA and totally adapted to the destination market. These medicines are 100% safe, as parallel traders are subject to the same regulatory requirements as manufacturers of the branded or generic pharmaceuticals, and they have to undergo regular inspections by the competent authorities.

6 Mar 2019 Their January guide to what a “no-deal” Brexit means for medicines states clearly : “EU exit does not mean that parallel imports of medicines will 

Read our Advisory for more Parallel import Application may be made for a marketing authorisation for the parallel import of a medicinal product, if the original product already has a valid marketing authorisation in Finland. The application form for a medicinal product imported in parallel refers to the valid marketing authorisation of the original product. The provisions of the Competition Act are infringed only where the obstruction of parallel imports restricts competition within the parameters of the Maltese market.

HPRA Guide to Parallel Imports of Human Medicines AUT-G0006-13 3/35 DEFINITIONS Parallel-importation The importation, from an EU Member State or an EEA country, of a medicinal product which is

The material differences approach is similar to the international exhaustion system but prohibits the sale of parallel imports if they are materially different from the goods that the trademark owner has authorized to be put on the market in a given country. What is considered “material” may vary from jurisdiction to jurisdiction. Scope. This Practice Note explains trade mark law on parallel trade.

What is the Commission’s positon on parallel trade? The EU Commission’s position is that parallel imports increase price competition as the import of goods from a country with lower prices forces sellers in the country of destination to reduce prices. This is the fundamental principle underpinning the single market. This in turn helps Parallel trade allows wholesalers to buy medicinal products in one Member State (typically where prices of medicines are lower too), and sell into other Member States (where prices are higher).
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parallelimport är mer att man importera utanför EU utan att fråga om rättighetsinnehavarens tillstånd. Detta för att köpa in billigare, trots att man  Det är EU inklusive Norge, Island och Liechtenstein. Det finns två former av parallellhandel: Parallellimport.

Inte längre tillgängligt. Artikeln inte  Den som vill sälja parallellimporterade läkemedel måste ansöka om det.
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Parallel import is verboden als producten van buiten de EER hier in het verkeer worden gebracht zonder instemming van merkhouders of auteursrechthebbenden. Parallelimport binnen de grenzen van de Europese Economische Ruimte is wel toegestaan.

2. What is the Commission’s positon on parallel trade? The EU Commission’s position is that parallel imports increase price competition as the import of goods from a country with lower prices forces sellers in the country of destination to reduce prices. This is the fundamental principle underpinning the single market. This in turn helps consumers. Parallel imports and exports of medicinal products are compatible with the free movement of goods (Article 34 of TFEU). However, restrictions may exceptionally be introduced if justified by overriding requirements of public interest, such as the protection of human health and life, and there are no other less restrictive means available to achieve that objective (Article 36 of TFEU ).