Everything You Need to Know About Export Controls (There’s A Lot).
Whether you’re dealing with medical devices or new drugs–regardless if it’s a product or a service, and whether that product or service ever even leaves the United States–export controls affect every organization in one way or another. That’s why I was so excited to sit down with Export Controls and Compliance Expert, Wendy Epley, the president of Epley Consulting, for this episode of Compliance Conversations.
As a compliance professional in healthcare, you might hear the word “export” and think ‘I don’t ship anything out of the country, so export controls don’t apply to me.’ But surprisingly it does!
Epley explained, “[export controls] is referring to a very complicated network of federal agencies and regulations that are interconnected to regulate or control how things are to be protected in order that they are not used in a way that would cause harm...regardless of where those persons are located, including if they are here within the United States.” Epley also went into detail about the foreign corrupt practices act, an important act for many of you in various healthcare compliance roles. “Just a few years ago, Teva Pharmaceutical Industries paid nearly five hundred and twenty million...for its role in violations with the FCPA.” Said Epley.
Find out how export controls apply to all of you healthcare compliance professionals out there. Tune in to my latest episode of Compliance Conversations, Export Controls: The Most Important Compliance Element You Probably Haven’t Heard Of, to learn why:
- One Doctor Went to Prison for His Research
- Some Medical Equipment and New Drugs Pose a Risk
- You Need to Institute Export Protocols and Training in a Research Uni Setting
- Teva Pharmaceutical Industries Paid Nearly $520 Million in Violations
Interested in being a guest on the show? Email CJ directly here.