The prime goal of a Health Authority (HA) is to promote and protect the interests of those it serves by amending and introducing new regulations. The European Medicines Regulatory Network (EMRN) is a network of competent authorities that work in sync to draft guidance documents that regulate medicines while upholding the standard of the medicinal products being authorized. The advent of technology has introduced sophisticated tools that may further support the currently existing framework.
In its latest announcement, European Medicines Agency (EMA) informed the Industry Change Liaisons that it has formally approved P&SMS Iteration 1 project covering Identification of Medicinal Products (IDMP) compatible authorized Human and Veterinary Products and Substances Management Services. This is in line with reinforcing the strategic importance of SPOR programme and implementation of a high-quality IDMP-compatible product database to support EU regulatory processes and various business cases.