Effects on Bulgarian Market from Parallel Trade of Medicines in the EU
Effects on Bulgarian Market from Parallel Trade of Medicines in the EU

Author(s): Ralina Dobrinova Mircheva
Subject(s): Economy, National Economy, Supranational / Global Economy
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Parallel Import/Export of Medicines; Reference Pricing; Effects; Bulgaria; EU
Summary/Abstract: The legislation on wholesale trade in medicinal products is the basis for the drug supply on all EU markets. In Bulgaria, the implementation of parallel trade in medicines has been allowed. This trade practice and its principles lead to both positive and contradictory effects affecting both, Bulgarian and European pharmaceutical markets. The aim of this study is to present the characteristics of the parallel trade of medicines in Bulgaria and to analyze the subsequent effects of this commerce activity. The study is also paid attention to the mechanisms which have the potential to mitigate more negative effects of parallel trade.

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