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Overview:

Long considered a hot-button issue, parallel trade is seen by industry as a catalyst for counterfeiting and safety risks. This summer’s recall of imported counterfeit packs of the schizophrenia drug Zyprexa (olanzapine) in UK has validated industry’s concerns. Having fought against the risks of parallel trade, industry is in a unique position to shape the current debate on the topic and to provide experienced-based insight into the problems and the solutions to parallel trade. This workshop will delve into which tactics have worked in the past to counter parallel trade and explore how to transfer these experiences into successful, future strategies.


Workshop Agenda:

  • What is parallel trade?
  • Legal boundaries
  • Industry’s tactical response
  • The impact on profits and prices: Who wins?
  • From tactics to strategy

About the Workshop Host:

 

 

Keiron Sparrowhawk is one of the founding partners of PriceSpective. PriceSpective is a value strategy consultancy that specialises in capturing and building the value of products for pharmaceutical companies. Using traditional pricing and reimbursement tools to strategic planning in the early clinical phase of a product, Keiron will provide attendees with a unique approach to addressing challenges attendees face when combating parallel trade.


 

Workshop programme

13:30 Registration & Coffee

14:00 Introduction

Keiron Sparrowhawk

Keiron Sparrowhawk, Founding Partner, PriceSpective

14:15 Defining parallel trade

14:30 Understanding the legal environment

14:45 Lessons from past experiences

15:45 Coffee

16:00 Taking the strategic lead

16:30 Case study

17:00 Case study presentations and summary

17:30 Close of workshop

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Crowne Plaza Hotel - St James

Buckingham Gate 45/51
London SW1E 6AF
United Kingdom

Crowne Plaza Hotel - St James

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WHAT IS CPD?

CPD stands for Continuing Professional Development’. It is essentially a philosophy, which maintains that in order to be effective, learning should be organised and structured. The most common definition is:

‘A commitment to structured skills and knowledge enhancement for Personal or Professional competence’

CPD is a common requirement of individual membership with professional bodies and Institutes. Increasingly, employers also expect their staff to undertake regular CPD activities.

Undertaken over a period of time, CPD ensures that educational qualifications do not become obsolete, and allows for best practice and professional standards to be upheld.

CPD can be undertaken through a variety of learning activities including instructor led training courses, seminars and conferences, e:learning modules or structured reading.

CPD AND PROFESSIONAL INSTITUTES

There are approximately 470 institutes in the UK across all industry sectors, with a collective membership of circa 4 million professionals, and they all expect their members to undertake CPD.

For some institutes undertaking CPD is mandatory e.g. accountancy and law, and linked to a licence to practice, for others it’s obligatory. By ensuring that their members undertake CPD, the professional bodies seek to ensure that professional standards, legislative awareness and ethical practices are maintained.

CPD Schemes often run over the period of a year and the institutes generally provide online tools for their members to record and reflect on their CPD activities.

TYPICAL CPD SCHEMES AND RECORDING OF CPD (CPD points and hours)

Professional bodies and Institutes CPD schemes are either structured as ‘Input’ or ‘Output’ based.

‘Input’ based schemes list a precise number of CPD hours that individuals must achieve within a given time period. These schemes can also use different ‘currencies’ such as points, merits, units or credits, where an individual must accumulate the number required. These currencies are usually based on time i.e. 1 CPD point = 1 hour of learning.

‘Output’ based schemes are learner centred. They require individuals to set learning goals that align to professional competencies, or personal development objectives. These schemes also list different ways to achieve the learning goals e.g. training courses, seminars or e:learning, which enables an individual to complete their CPD through their preferred mode of learning.

The majority of Input and Output based schemes actively encourage individuals to seek appropriate CPD activities independently.

As a formal provider of CPD certified activities, SMI Group can provide an indication of the learning benefit gained and the typical completion. However, it is ultimately the responsibility of the delegate to evaluate their learning, and record it correctly in line with their professional body’s or employers requirements.

GLOBAL CPD

Increasingly, international and emerging markets are ‘professionalising’ their workforces and looking to the UK to benchmark educational standards. The undertaking of CPD is now increasingly expected of any individual employed within today’s global marketplace.

CPD Certificates

We can provide a certificate for all our accredited events. To request a CPD certificate for a conference , workshop, master classes you have attended please email events@smi-online.co.uk

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