Company Formation Ireland
Articles

Owning a Pharmaceutical Company in Ireland

Updated on Monday 09th May 2016

Rate this article
5 5 1
based on 0 reviews


Owning-a-Pharmaceutical-Company-in-IrelandThe certification of medicines in Ireland

According to the Irish legislation all pharmaceutical products must be certified before being sold. Irish pharmaceutical companies must obtain an authorization from the Irish Medicines Board before starting to sell medicines. The same Medicines Board will authorize Irish companies to export pharmaceutical products and will issue a certificate of Good Manufacturing Process Compliance for companies producing pharmaceutical products. Pharmaceutical companies will also require a certificate when advertising their products, which is issued according to the Medical Products Regulations enabled in 2007.

The registration of pharmacists in Ireland

All Irish citizens wanting to practice as pharmacists are required to register with the Royal Pharmaceutical Society. Foreign individuals wanting to perform as pharmacists in Ireland are also required to apply for registration. Wholesalers of medicines in Ireland must also obtain a license from the Medicines and Healthcare Products Regulatory Agency. There are three types of licenses for wholesalers:

  • - a full license for selling prescription-only medicines (POM),
  • - a restricted license for selling general sales listed pharmaceutical products (GSL),
  • - a license for importing pharmaceutical products in Ireland.

Also, in order to distribute their products, an Irish retail pharmacy must conclude a contract with the local Primary Care Trust (PCT) or with the Health Board.

Opening a pharmaceutical company in Ireland

The first step to open a pharmaceutical company is to register the business with the Irish Trade Register. Depending on the type of activity to be undertaken, the founder must select one of the corresponding NACE codes under Section D, subsection DG from the Nomenclature of Economic Activities:

  • - 24.4 for manufacturing pharmaceuticals, medicinal chemicals and botanical products,
  • - 24.41 for manufacturing basic pharmaceutical products,
  • - 24.42 for manufacturing pharmaceutical preparations.

Our experts in company formation in Ireland will guide you through the registration procedure.

Once the company is registered, it is required to obtain a pharmacy license. There are three ways to obtain a pharmacy license in Ireland:

  • - the national route for Irish pharmacy graduates,
  • - the European route for EU country graduates,
  • - the third country route for non-EU candidates.

For complete information about the requirements for obtaining a pharmacy license please contact our Irish specialists in company incorporation.

 

 

Comments

There are no comments

Comments & Requests


Please note that client queries should NOT be posted here but sent through our Contact page.

Meet us in Dublin

Call us now at +353 1 6461625  to set up an appointment with our lawyers in Dublin, Ireland. Alternatively you can incorporate your company without traveling to Ireland. All our clients beneficiate from the joint expertize of local lawyers and international consultants. 

We offer:

- cost-efficiency: competitive company formation prices;

- prompt response to your inquiry (maxim 24 hours);

- free and complete legal information featured on our site, at your disposal.

Testimonials

Francesco-Dagnino.jpg

I worked with colleagues at IrelandCompanyFormation.com on numerous occasions and every time I was very pleased with their company formation services.

Francesco Dagnino, Partner of
Lexia Avvocati
www.LawyersItaly.eu

Read more testimonials

We Recommend ClientPedia

This website is marketed by ClientPedia

Banner-Promoting ClientPedia-244px.jpg

We accept online payments

paypal-logo.png