ARTICLE
9 March 2022

What Has Changed With The Current Regulation On Licensing And What Should Companies Consider When Determining Their Strategies?

C
CBC Law Firm

Contributor

CBC Law (Formerly Cetinkaya) is a full-service law firm based in Istanbul servicing local and international clients. Our lawyers have extensive expertise in advising on dispute resolution, business crime, technology, data protection and intellectual property. CBC Law prides itself on helping clients navigate their way through a constantly changing and challenging legal landscape. With a seamless multidisciplinary approach positioned at the intersection of industry knowledge and legal expertise, we provide our clients with legal solutions that are tailored to their needs in Turkey.
As Cetinkaya Attorneys-at-Law, we cooperate with many national and international stakeholders in the healthcare sector on healthcare law and compliance.
Turkey Food, Drugs, Healthcare, Life Sciences

As Cetinkaya Attorneys-at-Law, we cooperate with many national and international stakeholders in the healthcare sector on healthcare law and compliance.  It is one of our principal areas of focus that we think requires dedicated expertise. In this respect, together with ASA Pharmaceutical Consulting, we have examined the current Regulation on the Licensing of Medicinal Products for Human Use ("Regulation"), identifying what it introduces and its effects on companies' strategies.

The purpose of the Regulation is to determine the procedures and principles applied in the registration methods and practices for licensed medicinal products for human use in order to ensure that they have the desired efficacy and safety, and the required quality.

In this regard, the Regulation's definition changes/additions, shortened application types, innovations in application evaluation procedures and principles, processes and requirements regarding license renewal and suspension, conditional licensing, exceptional license procedure, and co-marketed products will be important to the current and future strategies of companies. 

We hope to continue working, sharing information, and learning from each other for the benefit of the healthcare sector, which is one of Turkey's locomotive sectors in terms of foreign investment and local production and continues to gain great importance.

You can find our related article here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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