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Pharmaceutical Parallel Trade in the Pharmaceutical Parallel Trade in the Panos Knaves Paul Holmes Commentaries by David London Sue Mitchell David Taylor Jim Thomson Benedict Irvine (editor)Civets:
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How to fill out pharmaceutical parallel trade in

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How to fill out pharmaceutical parallel trade in:

01
Gather all necessary documentation, including the invoice or proforma invoice, packing list, and any additional supporting documents required by the importing country.
02
Complete the required forms, such as the parallel trade application form or the import/export declaration form. Ensure that all information is accurate and up to date.
03
Provide detailed information about the pharmaceutical products being traded, including the product name, batch number, expiration date, and quantity. This information is crucial for regulatory purposes.
04
Calculate the value and determine the customs duties and taxes applicable to the pharmaceutical products. Consult with customs authorities or trade experts to ensure the accuracy of these calculations.
05
Submit the completed forms and supporting documents to the relevant authorities, such as the national medicines regulatory agency or customs authority. Follow any specific submission procedures or requirements outlined by the authorities.
06
Pay any applicable fees or charges associated with the parallel trade in. Keep copies of payment receipts for future reference.
07
Track the progress of the application and any subsequent inspections or assessments carried out by the authorities. Respond promptly to any requests for additional information or clarification.
08
Once the parallel trade in is approved, ensure compliance with all applicable regulations and requirements during the transportation and distribution of the pharmaceutical products.

Who needs pharmaceutical parallel trade in:

01
Pharmaceutical manufacturers or wholesalers who want to expand their market reach by exporting their products to other countries through parallel trade.
02
Parallel importers or distributors who want to import pharmaceutical products from another country and sell them in their local market.
03
Regulatory authorities or national medicines agencies responsible for overseeing and monitoring the parallel trade in of pharmaceutical products to ensure compliance with safety, quality, and licensing requirements.
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Pharmaceutical parallel trade involves the purchase of pharmaceutical products from one EU country and their resale to another EU country, exploiting price differences between countries.
Any companies or individuals involved in the parallel trade of pharmaceutical products are required to file pharmaceutical parallel trade notifications.
Pharmaceutical parallel trade notifications can be filled out online through the regulatory authorities' designated portal.
The purpose of pharmaceutical parallel trade is to increase competition and lower prices for pharmaceutical products across EU countries.
Information such as the name and address of the exporter and importer, details of the pharmaceutical product being traded, and the quantity being traded must be reported on pharmaceutical parallel trade notifications.
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