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“The existing lawful framework presents enough mechanisms and instruments for control,” CEO Marinkova explained. She urged the wellbeing ministry, tax authorities and BDA to move up enforcement of Parallel Profits Bonus present laws by way of normal audits of wholesalers and pharmacies.
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Because the NHIF handles the price of prescription medicines, it is unlawful for pharmacies or people to provide medications back to distributors. Illicit parallel trade in medicines in Bulgaria is value about fifty million euros a 12 months, NHIF deputy director Petrov mentioned.
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Called “parallel buying and selling”, This can be how it really works. Authorised distributors import medicines from multinational drugmakers to nations around the world for instance Bulgaria, Greece or Portugal where by They can be priced rather cheaply in line with benchmarks utilized by nationwide authorities.
New legislation prior to parliament would give the BDA sharper teeth. Along with making it possible for the agency to ban exports beneath specified conditions, amendments for the law would bring penalties for wrongdoing into line with EU Parallel Profits Bonus expectations.
Boryana Marinkova, CEO on the Bulgarian Association for Medicines Parallel Trade Enhancement, an sector physique, claimed the discrepancy was because of the fact that distributors file individual notifications of intent to export to multiple EU nations for any specified drug, if they actually deliver them.
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