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P. 32

What a difference


               20 years makes…



              OR DOES






              IT REALLY?










              By Caroline Pond.








              One thing I know for sure is that 20                  ABPI Code 2021: Clause 19 Prohibition on
              years can fly by and when I think                     Inducements and Inappropriate Payments

              about 2005 it doesn’t really seem                     and the Provision of Items to Health
              that long ago.  I mean it - it seems like             Professionals and Other Relevant Decision
                                                                    Makers
              yesterday!  Maybe that’s just my age…                 19.1 (18.1) No gift, pecuniary advantage or
              I do know though, that the supposed decline           benefit may be supplied, offered or promised
              in pharmacy margins started much longer ago           to health professionals or to other relevant
              than 2005 and I can remember back in the              decision makers in connection with the
              ‘90s when I ran two community pharmacies, I           promotion of medicines or as an inducement
              was worrying about the direction of travel for        to prescribe, supply, administer, recommend,
              the industry then. Or is it that we always look       buy or sell any medicine, subject to the
              fondly back in time and not forwards?                 provisions of Clauses 10.4 and 19.2.

              Much has changed, since I was a young                I must confess, early in my career I was also
              pharmacist, regarding all aspects of how             once one of those reps with medicines, mugs,
              things work from a business perspective              clocks, pens and a charge account for lunches
              within this sector. Again, I can hark back to my     in the local ‘posh’ restaurant. It was just the
              pharmacies and paying my mortgage on the             way business was done and if you were on
              generic rebate I received from a manufacturer.       the receiving end of the ‘boot stock’ for your
              Reps were our best friends, and they                 dispensary it brought in a nice extra margin for
              encouraged us to pile branded stock high with        the practice. The good old days…
              free stock left as a thank you.                      However, the code is in place and for good
              The ABPI Code of Practice for the                    reason and discounts do still exist as an
              Pharmaceutical Industry put a stop to                inducement to stock rather than to prescribe
              incentivisation to prescribe, and no longer do       so why does it feel so far from those halcyon
              we have pharmaceutical company reps in               days in 2005.
              their beige Vauxhall Cavaliers with boots full
              of stock to dish out to GPs interested in trying     Well one thing I do know for sure is that
              the product out on their patients.                   workload in the dispensary has increased.
                                                                   With the emergence of more and more
                                                                   sophisticated medicines and more patients
                                                                   living longer with more long-term conditions.



              32     PS Magazine | What a difference 20 years makes                        Buy direct online at PSUK.co.uk



                                                                                                                 14/03/2025   16:24:04
         P4304.1-V108_PS Magazine - Apr 25.indd   32                                                             14/03/2025   16:24:04
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