UCB SA - BNP Paribas Fortis
UCB SA - BNP Paribas Fortis
UCB SA - BNP Paribas Fortis
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the objectives to ensure adequate interpretation of the safety profile of the drugs and the protection of<br />
the patients. Each identified or reported adverse drug reaction is analyzed and interpreted by a team of<br />
physicians and scientists and is reported within determined timelines to the appropriate regulatory<br />
authorities in various countries. Any adverse events observed for drugs under development are also<br />
notified to clinical investigators, institutional review boards and independent ethics committees (as<br />
appropriate). Furthermore, the pharmacovigilance department endeavours to ensure the timely<br />
preparation and submission of aggregate periodic reports of any such adverse drug reactions. These<br />
aggregate reports include non-clinical safety data, clinical safety data and an evaluation of the riskbenefit<br />
profile of the individual product.<br />
In the course of the life cycle of a product, regulatory authorities also demand the preparation of risk<br />
management plans or risk evaluation and mitigation strategies. Such plans and strategies set out <strong>UCB</strong>’s<br />
approach to identifying, monitoring and mitigating any potential safety observations. The <strong>UCB</strong> clinical<br />
safety and pharmacovigilance department undertakes the preparation, follow-up and reporting of such<br />
observations, such as Phase IV, pharmaco-epidemiological and observational studies or registries, as<br />
detailed in such plans and strategies.<br />
Furthermore the <strong>UCB</strong> clinical safety and pharmacovigilance department contributes to the accuracy of<br />
the description of any adverse effects and potential safety observations in product-related information<br />
provided to patients and healthcare professionals.<br />
Marketing of Products<br />
After a product has reached the market, it will be subject to regulatory restrictions on advertising,<br />
promotion and distribution. These restrictions apply to over-the-counter and prescription drugs and also<br />
address the interaction between pharmaceutical companies and healthcare professionals. The type and<br />
degree of these regulatory restrictions vary from country to country. Many countries provide for varying<br />
degrees of restrictions on granting benefits or product samples to healthcare professionals. Some<br />
countries impose restrictions on the involvement of pharmaceutical companies in meetings with<br />
healthcare professionals. The marketing and distribution of the <strong>UCB</strong> Group’s products is also subject to<br />
general anti-corruption and unfair competition regulations. The <strong>UCB</strong> Group has adopted a broad code<br />
of conduct of the business setting out certain principles in relation to business practices which are<br />
further extended in <strong>UCB</strong>’s guidelines and standard operating procedures to comply with such legal,<br />
regulatory, ethical and other restrictions. It has also implemented a programme which provides for the<br />
administration and supervision of its compliance guidelines as well as the related training of its<br />
employees.<br />
(b) Manufacturing<br />
(c) Pricing<br />
<strong>UCB</strong> Group and its toll manufacturers’ production facilities require regulatory approval and are subject<br />
to periodic inspections. The manufacturing of <strong>UCB</strong> Group’s products is subject to extensive<br />
governmental regulations which address facilities, equipment, manufacturing processes, product<br />
specifications, quality control and good manufacturing practices.<br />
In most of the jurisdictions in which the <strong>UCB</strong> Group sells its products, it is subject to price and<br />
reimbursement control by governments or private insurance companies. Price and reimbursement<br />
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