23
Sat, Nov
57 New Articles

Have Medicine Shortages in the Czech Republic Been Resolved? Yes and No.

Have Medicine Shortages in the Czech Republic Been Resolved? Yes and No.

Czech Republic
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

A long-awaited amendment to the Czech Medicines Act came into force on 1 January 2024. What practical impact will it have?

The amendment addresses the recurring and extended shortages of certain medicinal products on the Czech market over recent months or years. It gives the Ministry of Health a previously unavailable tool to more effectively prevent shortages in the supply of medicines on the Czech market.

Crucially, marketing authorisation holders are now obliged to supply the medicinal product for two more months after the actual interruption or termination of supplies to the Czech market.

Distributors of "restricted availability" medicinal products, i.e. medicines that are listed by the Ministry of Health, must maintain reserve stocks of the medicine corresponding to an average monthly supply. In so doing, the Ministry of Health hopes to bridge short-term as well as longer-term shortages of some medicine supplies.

The amendment also mandates an information obligation, requiring entities in the distribution chain to report current stocks of medicinal products at risk of scarcity to the State Institute for Drug Control.

Nonetheless, the attentive reader will notice that the "stock" obligation applies only to medicinal products for human use that are covered by public health insurance or for which a maximum price has been set. Put simply, over-the-counter drugs such as Nurofen or Ibuprofen will not be subject to the stock obligation, but, for instance, antibiotics will be.

A penalty of up to CZK 20,000,000 maybe imposed for a breach of the newly introduced obligations.

By Vladena Svobodova, Senior Associate, JSKPONTES

Czech Republic Knowledge Partner

PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.

PRK Partners has been repeatedly voted among the most socially responsible firms in the category of small and mid-sized firms and was awarded the bronze certificate at the annual TOP Responsible Firm of the Year Awards.

Our work is not only “business”: we have participated on a longstanding basis in a wide variety of pro bono projects and supported our partners from the non-profit sector (Kaplicky Centre Endowment Fund, Tereza Maxová Foundation, Czech Donors Forum, etc.).

Firm's website: www.prkpartners.com

Our Latest Issue