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Brexit: New Rules Will Hit Parallel Trade From UK to EU

Traders Disappointed At Asymmetry In IP Regimes

 
• By Ian Schofield

From next year, owners of trademarks and other rights in the European Economic Area will be able to prevent the parallel export of medicines from the UK to the EEA. But those owning similar rights in the UK will not be able to stop parallel imports from EEA countries. 

Export of Great Britain. Freight container on a white surface with inscription "EXPORT" and images of the United Kingdom flag on the doors
The rules on parallel exports from the UK are changing • Source: Shutterstock

Starting from January 2021, companies wanting to parallel export medicines from the UK to one or more countries of the European Economic Area may have to seek permission to do so from the owner of the intellectual property rights on the product, and may need to review their business model or supply chain accordingly.

The warning comes from the UK Intellectual Property Office (IPO), which at the end of last month published a summary...

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