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ȘTEFAN RĂZVAN TĂTARU, Alternative dispute resolution in international trade with pharmaceutical products

Abstract: This study examines the opportunity of using alternative dispute resolution procedures among the companies in the pharmaceutical industry, complex field that displays multiple particularities. The complexity of disputes arising from international trade of pharmaceuticals, their high values, the parties’ desire to maintain the business relationship as well as other advantages of alternative dispute resolution, encourages the parties to take them into consideration and to choose them tothe detriment of courts. The study contains an analysis of the major alternative dispute resolutions procedures used in the pharmaceutical industry, highlighting their advantages and disadvantages.

Keywords: alternative dispute resolution, ADR, international trade law, pharmaceutical industry.

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