In 2013 it was agreed by European Pharmaceutical Associations that a new policy around disclosure of payments was to be implemented by member Associations. The IPHA (Irish Pharmaceutical and Healthcare Association) who are a member of the EFPIA set up a website to document all payments made from Pharmaceutical companies in Ireland to Irish healthcare professionals. The code is voluntary unlike the open payments system in the US which came in under the sunshine act. The first data disclosed related to 2015 and was published in a central industry report on the IPHA website on 30th June 2016. As the code is voluntary, Irish healthcare professionals can refuse to be listed and currently according to the IPHA about 55% of them are partaking in the voluntary code. You can find more details at the links below:
Transfer of Value
An explanation of the code
Search the database
The link below is to the IPHA (Irish Pharmaceutical Healthcare Association) who represent the international research based pharmaceutical industry in Ireland.
The pharmaceutical industry in Ireland today:
- Currently generates over 50 percent of the country’s exports contributing to making Ireland the largest net exporter of medicines in the world.
- Maintains substantial operations belonging to 9 of the top 10 companies in the world.
- Manufactures 5 of the world’s top 12 medicines.
- Directly employs over 24,500 people, over half of which are third level graduates.
- Employs another 24,500 people in the provision services to the sector.
- Has invested over €7 billion in Ireland over the decade and according to IDA Ireland the replacement value of the investment by the pharmaceutical sector in the Irish economy is over €40 billion.
The link below is to a nice presentation about the industry in Ireland today: