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Parallel Trade & Brexit. What to expect?
4 February 2019
Parallel Trade & Brexit. What to expect?

 

This workshop will focus on Parallel Trade- its definition and what exactly is meant by parallel trade. What products are relevant to parallel trade and why.

How parallel trade has evolved over the decade and the business models established in the UK. Explore the other side – rest of EU and see what parallel trade plays in everyday pharmaceutical trade.

Stock shortages and FMD has recently been threats to Parallel Trade – what and how are these occurring and why are they important to the industry.

Then Brexit was announced, and we can no go into different scenarios about Brexit and how the industry and pharma companies can prepare, plan and embrace this unknown encounter.
 

Workshop LEADER

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Tushar Patel

Principal Consultant, Key Pharmaceuticals Ltd

Registered pharmacist in 1992 following a year training at Milton Keynes hospital. Worked as a community pharmacist for some years whilst also involved in regulatory projects for start-up of parallel import companies in the UK. Facilitated application for MHRA Manufacturing Licences and PL(PI) applications for various clients. Completed my MBA in 1996 and progressed along the community and wholesale of pharmaceuticals. Having established a group of four retail pharmacies I progressed with my initial passion for regulatory and generics.
Currently fully engrossed with our formulation & development of generics and formed a fully encompassed pharma company with all regulatory disciplines in house with our own Marketing Authorisations. I am an EU QPPV leading our in house Pharmacovigilance department and also a trainee EU QP, having our own Manufacturing Licence.

Our ambition has already been achieved to develop, manufacture and dispense our medicines to our own customer in our own pharmacies. Now we are looking ahead to better serve patients globally and improve where possible to safer medicines.

Key Pharmaceuticals Ltd

Our consultancy services have been established for over 15 years. Our professional services are delivered with extensive experience, knowledge and skill in formulation and development, manufacture, distribution, retail and marketing of pharmaceuticals in Europe.

Proficient in all GxP disciplines. GDP, GMP, PV, GCP.
Formulation & Development.
Project Management and product life cycle strategies.
Regulatory Affairs and representation to MHRA.
 

Workshop agenda

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8:30

Registration & Coffee

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9:00

Opening Remarks & Introductions

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9:10

Session 1: Background on Parallel Trade

Tushar Patel, Principal Consultant, Key Pharmaceuticals Ltd

  • Formation EU and birth of PT
  • EU treaties and rules of PT
  • Industry models for parallel trade and products of concern
  • Trading models adopted by Pharma companies
  • The Grey market
  • Consequences and outcomes of PT
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    9:50

    Session 2: Regulatory landscape - current and for Brexit

    Tushar Patel, Principal Consultant, Key Pharmaceuticals Ltd

  • What are the regulatory requirements for PT?
  • Pros and cons of Brexit on PT
  • Impact of pharma companies and products on both sides
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    10:30

    Morning Coffee

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    11:00

    Session 3: Case studies

    Tushar Patel, Principal Consultant, Key Pharmaceuticals Ltd

  • Engage candidates to explore scenarios for pharma industry to prepare for Brexit
  • The impact of Brexit to product supplies and patients across the EU
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    11:40

    Session 4: Q&A

    Tushar Patel, Principal Consultant, Key Pharmaceuticals Ltd

  • Recap and evaluate if workshop has met initial expectations
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    17:00

    Closing Remarks and End of Workshop

    Holiday Inn Kensington Forum

    97 Cromwell Road
    London SW7 4DN
    United Kingdom

    Holiday Inn Kensington Forum

    Holiday Inn Kensington Forum is perfectly situated in one of London’s most luxurious and beautiful areas within South Kensington. 

    The hotel is just 2 minutes walk from Gloucester Road tube station for convenient travel to Hyde Park, London Eye, Tower Bridge plus more of London’s top attractions. There are also easy and direct links to some major transport hubs including Victoria, Kings Cross St Pancras, Paddington and Heathrow. 

    This distinctive hotel in south London has so much to offer to make all guests really feel at home. The latest Holiday Inn relaunch is not just about the new look and feel for the hotel but to offer guests more benefits during their stay including a pillow menu for extra comfort during their sleep and a curved shower rail for more spacious feel. 

    In addition to our 906 rooms, all business guests can take advantage of our meeting and conference facilities including High Speed Internet Access and unlimited Starbucks coffee at The Academy. Our hotel’s professional event planners are on board to help take the hard work and stress away from planning your next event. 

    So whether you in London on business or pleasure, make the Holiday Inn London Kensington Forum your first choice of hotel and book your accommodation for our lowest internet rate guarantee. 

    HOTEL BOOKING FORM

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    WHAT IS CPD?

    CPD stands for Continuing Professional Development’. It is essentially a philosophy, which maintains that in order to be effective, learning should be organised and structured. The most common definition is:

    ‘A commitment to structured skills and knowledge enhancement for Personal or Professional competence’

    CPD is a common requirement of individual membership with professional bodies and Institutes. Increasingly, employers also expect their staff to undertake regular CPD activities.

    Undertaken over a period of time, CPD ensures that educational qualifications do not become obsolete, and allows for best practice and professional standards to be upheld.

    CPD can be undertaken through a variety of learning activities including instructor led training courses, seminars and conferences, e:learning modules or structured reading.

    CPD AND PROFESSIONAL INSTITUTES

    There are approximately 470 institutes in the UK across all industry sectors, with a collective membership of circa 4 million professionals, and they all expect their members to undertake CPD.

    For some institutes undertaking CPD is mandatory e.g. accountancy and law, and linked to a licence to practice, for others it’s obligatory. By ensuring that their members undertake CPD, the professional bodies seek to ensure that professional standards, legislative awareness and ethical practices are maintained.

    CPD Schemes often run over the period of a year and the institutes generally provide online tools for their members to record and reflect on their CPD activities.

    TYPICAL CPD SCHEMES AND RECORDING OF CPD (CPD points and hours)

    Professional bodies and Institutes CPD schemes are either structured as ‘Input’ or ‘Output’ based.

    ‘Input’ based schemes list a precise number of CPD hours that individuals must achieve within a given time period. These schemes can also use different ‘currencies’ such as points, merits, units or credits, where an individual must accumulate the number required. These currencies are usually based on time i.e. 1 CPD point = 1 hour of learning.

    ‘Output’ based schemes are learner centred. They require individuals to set learning goals that align to professional competencies, or personal development objectives. These schemes also list different ways to achieve the learning goals e.g. training courses, seminars or e:learning, which enables an individual to complete their CPD through their preferred mode of learning.

    The majority of Input and Output based schemes actively encourage individuals to seek appropriate CPD activities independently.

    As a formal provider of CPD certified activities, SAE Media Group can provide an indication of the learning benefit gained and the typical completion. However, it is ultimately the responsibility of the delegate to evaluate their learning, and record it correctly in line with their professional body’s or employers requirements.

    GLOBAL CPD

    Increasingly, international and emerging markets are ‘professionalising’ their workforces and looking to the UK to benchmark educational standards. The undertaking of CPD is now increasingly expected of any individual employed within today’s global marketplace.

    CPD Certificates

    We can provide a certificate for all our accredited events. To request a CPD certificate for a conference , workshop, master classes you have attended please email events@saemediagroup.com

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