In the pharmaceutical industry, the development, manufacturing and distribution of products are regulated by various provisions. Not only special regulations for labelling and advertising have to be considered, but also guidelines for packaging, marketing and product safety.
Companies in this sector must comply with national and international provisions, which increase the liability risk and importance of compliance. Due to the multistage manufacturing and distribution processes, a contract management system must be set up from the raw material manufacturer up to the final consumer (pharmacy, drugstore, consumer) in order to regulate liability risks fairly and to consider market-specific characteristics (pharmacy-exclusive distribution). According to the General Data Protection Regulation (GDPR), which came into effect in 2018, requirements for processing health-related data have also been exacerbated.
MORGENSTERN relies on a comprehensive consulting practice in all areas and assists companies in this sector in complying with the complex legal provisions and implementing them practically.