Parallel Import and Export of Medicines in Latvia
Scientific Conference on Economics and Entrepreneurship SCEE’2017 2017
Māra Pētersone, Svetlana Marejeva

Parallel export is an intermediary informal activity focusing on the export of medicines to another Member State of the European Union, since this is more profitable than selling medicines at the internal market. In this way, the trade is informal, but are not illegal, as one of the four fundamental freedoms of the European Union is the free movement of goods. Medicines are imported in another Member State of the European Union without permission of the medication manufacturer or official reseller. At the same time the exporters reduce the prices of exported drugs, thereby affecting the prices of other medicines and market situation. Parallel exports as well as imports focus on intellectual property rights. Producers working to supply their domestic market are forced to worry that the production will be parallel exported and there will be the lack of medicines at the internal market.


Keywords
Parallel import of medicines, Parallel export of medicines, intellectual property.

Pētersone, M., Marejeva, S. Parallel Import and Export of Medicines in Latvia. In: Scientific Conference on Economics and Entrepreneurship SCEE’2017, Latvia, Riga, 13-14 October, 2017. Riga: 2017, pp.157-158. ISBN 978-9934-22-000-5. ISSN 2256-0866.

Publication language
English (en)
The Scientific Library of the Riga Technical University.
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