The pharmaceutical industry has adopted codes of ethics, which are self-binding even in countries where the legislation has not set restrictions or has set inadequate restrictions and audits in medicinal product advertising.
These texts are usually called Code of Conduct or Code of Practice.
Our law firm has profound knowledge of the legislation governing the advertising and promotion of medicinal products in general, as well as the compliance of said promotion to the various codes of ethics. Managing partner Stefanos Economou has written the only book in Greek literature on the marketing of medicinal products. The book is entitled Compliance with Legislation and the Code of Ethics in Promoting Medicinal Products.
- GREEK ETHICS CODES
- The SFEE Code of Ethics for prescribed medicinal products
The Hellenic Association of Pharmaceutical Companies (SFEE) has been a member of the European Federation of Pharmaceutical Industries and Associations (EFPIA) since 1983.
The Code of Ethics currently in effect for the promotion of prescribed medicinal products was amended and approved by the SFEE General Meeting in March 2017 and came into force on 1 June 2017. Since then, the National Organization for Medicines (EOF) has changed the landscape and, consequently, the SFEE Code needs to be updated so as to correspond to the current state of affairs.
Furthermore, the SFEE has adopted a Code of Ethics that governs the relations between pharmaceutical companies and patient associations, which is in effect today, as amended after the General Meeting of the SFEE on 20/03/2015.
- The EFEX Code on OTC drugs
With regard to over-the-counter (OTC) drugs, the Association of the Greek Self-Medication Industry (EFEX), which is a member of the Association of the European Self-Medication Industry (AESGP), has drawn up the Code of Ethics and Advertising of OTC Drugs.
- The Code of Medical Ethics
The Code of Medical Ethics also includes provisions that are indirectly linked to the promotion of medicinal products and the relationships of doctors with the pharmaceutical industry.
- EUROPEAN & INTERNATIONAL ETHICS CODES
- The EFPIA Code of Practice
The European Federation of Pharmaceutical Industries and Associations (EFPIA) represents the pharmaceutical industry operating in the European Union. Its members are 36 national associations of EU member states and 34 pharmaceutical companies.
- The IFPMA Code
The International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) represents research-based pharmaceutical companies and associations from around the world.
The IFPMA issued a Code of Ethics for the first time in 1981, which has since been amended on numerous occasions.
As of 01/01/2019, the IFPMA Code has become stricter and bans gifts to health professionals, as had already been done by the EFPIA and the SFEE.
- The WHO decision
On 13/05/1988, the World Health Organization (WHO) decided to adopt the Ethical Criteria for Medicinal Drug Promotion.
With its vast experience in pharmaceutical law, commercial law and compliance, the Stefanos Economou & Associates Law Firm is able to meet all the needs of pharmaceutical companies, pharmaceutical warehouses and medical equipment companies for legal services, either as an advisor or before the courts and authorities.