Markets

Is it legal to purchase raw materials for pharmaceutical trials from European markets?

2019-02-11

Today selling pharmaceutical raw materials is a profitable business. Medicine has gone a way forward along with technologies. Doctors and scientists discover a cure for diseases and new ways of treatment. This is why high-quality pharmaceutical products are so much in demand. The market of pharmaceutical raw materials has become a huge platform, where companies from all around the world can purchase materials for trials and treatment.

Legal aspects

An American company can easily buy products from any country in the world. Shipping and payment methods have become advanced allowing deals to be done quickly and efficiently. However, small distribution companies looking for new suppliers come to the point โ€“ can we buy products for medical trials in Europe? In fact, European products have outstanding quality. When it comes to choosing a good supplier, experts recommend buying European raw materials because they undergo numerous tests. European products comply with international standards and have certificates proving their quality. There are no laws that prohibit buying products from the European market. Find out detailed information about types of materials and groups on the official website of the European Commission. It contains detailed information about the sustainable supply of pharmaceutical raw materials.

Avoid counterfeit raw materials

Counterfeit products are one of the biggest problems today. Selling pharmaceutical products is a profitable business but not all firms want to do business transparently. Unfortunately, there are many firms selling fake products. When choosing a new supplier, make sure that you are buying a genuine product. Reputable companies always have authorized permission to sell certain types of products. Give preference to trusted companies even if the price is higher. Firms selling fake materials attract with low prices, which lead to terrible consequences. Using counterfeit materials for medical trials is dangerous as they not only compromise the results of trials but also can be harmful to human health.

Check-list:

  • check documents of the seller of pharmaceutical raw materials;  
  • check certificates of quality of materials you want to purchase;
  • make a small order to verify the condition of products.

Alternative international markets

China is also one of the largest suppliers of various pharmaceutical products. Chinese products are considered to be less expensive. In fact, numerous cures have Chinese analogs, which cost less. It goes without saying that the quality of such products differs, even though the medical effect can be the same. The lower price of medicine is based on a lower price of materials. Chinese analogs are popular in developing countries where high-quality European materials make the final price of medication very high.

Excellent quality pharmaceutical products are essential for showing accurate results of medical trials. Purchasing fake products is harmful for both peopleโ€™s health and your business.

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