Belgian parallel importers Association.

 

One of the goals of BAPI is to safeguard the free movement of medicines, and to counteract any attempts to restrict the freedom of choice for the consumer through trading patterns.

 
 

Address Secretariat

 

Tanguy Schmitz

BAPI Square Marie Curie 50 4 th floor

B-1070 Brussels

 

Tel: +32 (0)2 253 48 87.

 

For More Information

 

Email : t.schmitz@impexeco.be

 

Parallel trade occurs when products are purchased in a country where they are cheaper and transported for resale to other countries where they are more expensive. The parallel traded medicine provides competition to the identical medicine sold by the manufacturer or its local licensee.

In practice, the importers and the exporters are entrepreneurs at heart. The importers buy a medicine from the exporters who are well-established, authorised pharmaceutical wholesalers in countries where it is cheaper. With a specific authorisation from the government in the country of destination for the medicine, the importer can sell it to wholesalers or direct to pharmacies.

The importer must meet costs associated with regulatory compliance, purchasing, transport, warehousing, insurance, repackaging, quality assurance, distribution and promotion.

Importers do not manufacture any medicines themselves, but they have to change the labelling - and perhaps the packaging - in order to meet local requirements under strict government supervision and always according to national law. The original patient package inserts are replaced with others giving the same information in the local language.

The importing company does not deal directly with the public. All transactions are done through authorised trade channels. The pharmacist - who now effectively has the choice of where to buy the same medicine - dispenses it to the patient.

Parallel trade is extremely safe. Exporters and importers both apply internal supply chain controls and must meet stringent external regulatory checks to guarantee patient safety.

Parallel traders take pride in being reliable, responsible and professional business partners for wholesalers and for pharmacists in community and hospital practice.

Links : www.eaepc.org

BAPI is also member of the Belgian Medicines Verification Organization and of the Luxembourg Medicines Verification Organisation