The inspection of medicaments is now aligned between Switzerland and the United States, with the aim of saving on paperwork and cost for the pharmaceutical industry.
This content was published on
1 minute
swissinfo.ch/mga
The Mutual Recognition Agreement (MRA) for inspection of medicinal products came into force on Thursday. The deal allows authorities from both countries to share documents from their routine inspections of pharmaceutical manufacturing facilities, thus erasing duplication of efforts in each country.
This agreement comes as the complexities of foreign production and sourcing in supply chains for medicine increase, making them more difficult and costly to monitor.
The respective inspection authorities, Swissmedic and the Food and Drug Administration, are working towards extending the inspection alignment to vaccines.
After the European Union, the US is the second-most important trading partner for research-based pharmaceutical companies in Switzerland. In 2021, the US accounted for 26% of Swiss pharma exports (CHF109 billion) and 10% of imports.
A similar medicaments MRA between the EU and Switzerland on pharmaceutical products is expected to expire in a few years. But the current political impasse between the two parties.
If the arrangement isn’t renewed, Swiss companies would need to conduct multiple checks and inspections, which could cost the sector an estimated CHF500 million ($558 million) a year in extra costs.
Popular Stories
More
Swiss Abroad
Aussie adoptee gains Swiss citizenship at 54 thanks to old envelope
Swiss film in competition at the 75th Berlinale has a shot at Golden Bear
This content was published on
The comedy "La Cache" by Lausanne screenwriter and director Lionel Blaiser has a chance of winning the Silver or Golden Bear at the 75th Berlinale. This was announced by the organizers at a media conference on Tuesday morning.
Swiss politician who shot at image of Jesus resigns from Liberal Green Party
This content was published on
Sanija Ameti, who caused controversy after shooting at an image of Jesus and Mary last September, has resigned from the Liberal Green Party.
Swiss campaigners gather enough signatures to submit ‘responsible business’ initiative
This content was published on
The Swiss people are set to vote again on the corporate responsibility of multinationals after campaigners collected 183,661 signatures in 14 days for their new 'responsible business' initiative.
Several Swiss municipalities and banks hit by cyberattack
This content was published on
Russian hackers attacked the websites of several Swiss municipalities and banks on Tuesday, just as the World Economic Forum (WEF), got under way in Davos.
Music strengthens brain connections in premature babies, Swiss study shows
This content was published on
In premature babies, music strengthens connections in certain areas of the brain, according to a years-long study by the University Hospitals of Geneva (HUG).
WEF gives Crystal Award to Beckham, Yamamoto and von Fürstenberg
This content was published on
The World Economic Forum in Davos handed out awards to UNICEF ambassador David Beckham, Japanese architect Riken Yamamoto and women's rights activist Diane von Fürstenberg.
Swiss CEOs betting on a strong domestic market in 2025
This content was published on
Swiss business leaders are optimistic about 2025, despite a world in crisis, says a new survey by Pricewaterhouse Coopers.
This content was published on
Economics Minister Guy Parmelin and Foreign Minister Ignazio Cassis have welcomed Chinese Vice Premier Ding Xuexiang to Bern
Michelle Hunziker to co-present Eurovision Song Contest
This content was published on
Swiss-Italian television moderator Michelle Hunziker will be one of the presenters of the 2025 Eurovision Song Contest (ESC), scheduled for May 13-17 in Basel.
Switzerland and US sign deal on pharmaceutical supply chain
This content was published on
US and Swiss authorities have agreed to share inspection documents on pharmaceutical manufacturing facilities in a move to improve efficiency and safety.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.