Georgia: Developing Competition in the Pharmaceutical Market

May 13, 2019 - May 15, 2019
GC Davidson Provides Keynote Address at Developing Competition in the Pharmaceutical Market Workshop

On May 13-15, 2019, CLDP led a workshop on developing competition in Georgia’s pharmaceutical market in Tbilisi, Georgia.  The workshop was planned in cooperation with the Competition Agency of Georgia and the U.S. Federal Trade Commission (FTC), and with the support of the U.S. Embassy in Tbilisi.  Through this workshop, CLDP sought to assist the Competition Agency of Georgia and participating stakeholders in evaluating the level of competition in Georgia’s pharmaceutical market and to demonstrate the link between competition and the accessibility, affordability and quality of pharmaceutical products.  Peter Davidson, General Counsel for the U.S. Department of Commerce, attended the workshop and provided a keynote address that highlighted the role of free and fair competition in strengthening economic growth and attracting foreign investment. 

The three-day workshop began with a stakeholders meeting that included representatives of the Competition Agency of Georgia, the Ministry of Health, business ombudsmen, non-governmental organizations, and pharmaceutical companies.  The discussions at the stakeholders meeting centered around the current challenges in the Georgian pharmaceutical market and the policy choices that ensure medicine is not only available in the market but is also safe and affordable to consumers.  The remainder of the workshop focused on building the capacity of the Competition Agency of Georgia to combat anticompetitive practices in the pharmaceutical market.  Topics in the capacity building portion of the workshop included the following topics: competitive effects of vertical integration; market transparency; intellectual property; and regulatory trends in the U.S. and EU. 

This workshop was part of a series of programs organized by CLDP to assist the Competition Agency of Georgia with identifying and preventing anticompetitive behavior. Developing and maintaining competition in the pharmaceutical market is critical for the Georgian economy and also helps protect public health and safety.  In 2018, health expenditures in Georgia totaled $1.3 billion, approximately 8 percent of Georgia’s GDP.  Currently, four pharmaceutical companies dominate 70% of Georgia’s market share and the high level of market concentration increases the risk of abuse of dominance.  Market dominance of a few companies can lead to high markups for medicines, and the markup for medicines in Georgia is reportedly above the average markup for medicines in other European countries.  

Developing Competition in the Pharmaceutical Market Workshop

Upcoming Programs

August 1, 2020 - April 30, 2021

Throughout the quarter, CLDP engaged with numerous experts to prepare and record eight separate sessions on trade topics, specifically designed for Afghanistan’s approximately 25 Commercial Attachés posted throughout the world. In May 2018, CLDP spent one week training the same group of Attachés in a comprehensive course designed for them prior to their departure. This updated training course is intended to provide more advanced training on relevant topics now that the Attachés have been serving in their posts for more than two years.  The topics for these presentations were identified based on consultations with the Attachés and relevant stakeholders in the last quarter. Topics include drafting international contracts, attracting foreign direct investment, negotiation strategies, and two sessions on working trade shows. The series of pre-recorded virtual presentations, including translated copies of the presentations, will be delivered on a rolling basis to the Attachés. In addition, future topics will be recorded and shared with the participants. These virtual recordings will be saved in an online repository, which will be available for any interested party to view, including the private sector. 

March 15, 2021 - May 24, 2021

CLDP in close collaboration with the US Patent and Trademark Office (USPTO) trained Bahrain Innovation and Technology Center (BITC) staff regarding filing patents in the GCC (Gulf Cooperation Council).  This program was part of a CLDP/USPTO collaboration to conduct over 40 hours of intellectual property training for the BITC.  The program included training on how to obtain patents and copyrights in the US as well as other jurisdictions.  

CLDP in Action

February 24, 2021 - February 25, 2021

On February 24-25, CLDP conducted a workshop on FIDIC contracts for a delegation of Sri Lankan officials from the Attorney General’s office.

Read More about Sri Lanka: FIDIC Contracts Workshop