Belgium - Publication of Law Increasing Transparency of Market Entry Agreements
- 17/06/2020
- Articles
Today’s Belgian Official Journal contains the text of the Law of 4 May 2020 amending Legislative Provisions with regard to the Transparency of Agreements concerning Reimbursable Specialties (Wet van 4 mei 2020 tot wijziging van wettelijke bepalingen voor wat de transparantie van de overeenkomsten inzake terugbetaalbare specialiteiten betreft / Loi du 4 mai 2020 modifiant des dispositions législatives en ce qui concerne la transparence des conventions en matière de spécialités remboursables) (the Transparency Law – see, attachment).
The Transparency Law will increase parliamentary oversight over market entry agreements for reimbursable medicines (see, Van Bael & Bellis Life Sciences News Alert of 21 April 2020). It will enter into force on 27 June 2020 and will apply to market entry agreements entered into after that date.