Does Indian Pharma Industry  need Sunshine Law?

Does Indian Pharma Industry need Sunshine Law?

Ever heard of the Sunshine Act? It's a big deal in the U.S., all about making things transparent in the world of healthcare. Basically, it says that pharma companies and medical device makers have to tell everyone about the money they give to doctors and hospitals. This helps keep things honest and makes sure decisions about public health are based on what's best for them, not who's giving out the most money.

While they might not have a Sunshine Act exactly like the U.S., they've got their own rules to make sure everyone knows who's getting paid by pharma companies and why. It's like shining a light on the whole healthcare industry to make sure everything's above board.

Similar transparency laws or regulations exist in various other countries around the world. Some of these countries include:

United States (Physician Payments Sunshine Act)

France (Transparency Law)

Australia (Transparency Reporting for Medicines Australia)

Japan (Transparency Guidelines)

Canada (Disclosure of Payments by Pharmaceutical Companies)

United Kingdom (Disclosure UK)

Germany (Pharmaceutical Industry Code of Conduct)

Italy (Transparency of Healthcare)

Sweden (Pharmaceutical Industry Code of Conduct)

Norway (Pharmaceutical Industry Code of Conduct)

So, the big question is, Does India have a law like the Sunshine Act in the U.S., and do we really need it?

Well, India doesn't have a law exactly like the Sunshine Act, but the government is working on increasing transparency in healthcare. They've set up guidelines to make sure doctors and pharmaceutical companies are open and honest about their interactions.

Some people think we need a specific law, like the Sunshine Act, to really make sure everything's transparent. Others think the guidelines we have are enough.

What do you think? Do we need a law like the Sunshine Act in India to keep healthcare transparent and fair?

Gaurav Goel

Associate Manager at Stryker India

6 个月

Thanks for the article Shraddha Saxena. Could you please share the link for Indian guidelines similar to the Sunshine Act?

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