The POC should also be well highlighted by the rules applicable to the area concerned. The POC should be able to strike the right balance during the negotiations to cover both global and local regulations. The advice and approval of the appropriate stakeholders for the appropriate tasks during the negotiations is the essential task that the POC must perform in order to ensure that the relevant departments are adapted to the agreed clauses. The mere knowledge of the scenarios cannot serve the purpose, sometimes the same scenario with the change in the territory can be derived differently. For example, the co-marketing situation in ANZ is different from that of Europe. Some local provisions also provide for an MAH to execute certain types of pharmacovigilance contracts (for example. B type of manufacturer in Europe) based on their applicability. Therefore, the negotiations conducted by the POC are very important for an agreement to be final and to be prudent enough to conduct appropriate negotiations. In many companies, the legal department knows all the partners involved in the marketing of companies` products. In large companies that sell hundreds of drugs in more than a hundred countries, there can be tens of thousands of such contracts! This was certainly the case in one of the large companies where I worked for many years. We have had more than 10,000 contracts in approximately 110 countries around the world.
Maybe there`s a database with them. You can live in several places around the world and many are not in English. In my experience, legal services are happy to help with drug safety with ADES, but they often know nothing about all the contracts that exist in the world. Sometimes the financial department is better informed of all agreements around the world, because they have to send and receive money! There should be a database for all ADEDs for all products, partners, dates of agreements, drugs covered, bonds and documents exchanged, etc. The inflow and management of this security information is governed by security data exchange agreements (ADSs) and is a legal requirement in all cases where security data can be received by third parties, not by the licensee.