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Publication of a new decree related to the law n°2011-2012 of 29 December 2011 improving the safety of medicines and health products ('Transparency law')
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The long-awaited decree was issued on 21 May 2013 (the "Decree"). The Decree enables the implementation of the Transparency Law.
A circular which will provide complete terms and conditions of application of the Decree should also be published soon.
According to the Transparency law, any company manufacturing or selling health products for human use or providing any related services ("Healthcare companies") is required to disclose all the agreements it enters into as well as any benefit granted, in kind or in cash, directly or indirectly.
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