Wednesday 25 May 2016

Orphan Drugs in the European Union

Rules concerning orphan drugs in the European Union are largely inspired by those concerning orphan drugs in the US. Orphan drugs in the European Union are based on and built on the same premise, namely offering support to pharmaceutical companies that manufacture drugs to treat rare diseases.
Regulations on orphan drugs in the European Union
The European Medicines Evaluation Agency (EMEA) has made regulations for the conduct of orphan drugs in the European Union. The whole set of regulations was built on the need for developing rare drugs and making them available at the most affordable cost and in the quickest possible time for the patient.
January 1, 1995 can be considered the date from which rule concerning orphan drugs in the European Union came into existence across the board in the European Union. Till then, the EU was in the process of synchronizing and unifying the fragmented laws on orphan drugs in the European Union across its many countries. From this date, the rules for orphan drugs in the European Union have been uniform across the bloc.
Regulation n° 141/2000
Regulation n° 141/2000 was the first and most important regulation that the EU passed as part of regulation of orphan drugs in the European Union. Passed by the European Parliament in December 1999; its salient features include the following:
Read More:https://www.linkedin.com/pulse/orphan-drugs-european-union-ronald-gardner?trk=prof-post

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