A Guide to Understanding the European Federation of Pharmaceutical Industries and Associations Disclosure Code and Its Effect on the US Medical Meetings Industry.
What Is The EFPIA Disclosure Code?
The EFPIA — the European Federation of Pharmaceutical Industries and Associations — Disclosure Code is a system of self-regulation that requires all member associations within
33 European countries to disclose payments and other transfers of value made to any medical, dental, pharmacy or nursing professional or practice or any other person who, by virtue of his/her professional activities, might prescribe, supply, purchase or administer a medical product.
The EFPIA Disclosure Code applies to all EFPIA members, which encompasses most major pharmaceutical companies operating in Europe as well as:
- Corporate Member Companies
- Member Associations and their Member Companies
- EFPIA Specialized Groups (European Bio-pharmaceutical Enterprises and Vaccines Europe)
The EFPIA Disclosure Code is not a set of laws, but a code designed to govern the EU region. National Member Associations are requested to include the EFPIA provisions in their respective National Codes.
It is EFPIA’s responsibility, aided by local Member Associations, to make sure that all information is being disclosed in accordance with the applicable laws and regulations and the national code of the country where the specified health care practitioners and/or health care organizations (HCP/HCO) practice. US based associations are not responsible for reporting payments made to EU HCPs/HCOs, but compliance with the EFPIA Disclosure Code guidelines is recommended.