4. PREREQUISITIES FOR MEMBERSHIP

Natural or juristic persons represented or incorporated in Turkey, with or without foreign affiliation and capable of transacting legally , who operate in the pharmaceutical sector are eligible to become a member.

All companies and their representatives who become members of the Association shall be considered to have acceded to the Charter and to the Code of Promotional Practice of the Association.

According to the ranked cumulative IMS MAT market shares the board shall propose the minimum allocation of memberships per company, subject to approval by the members each year at the General Assembly.


For the period of May 2007-April 2008; according to the turnover share of the member companies based on the latest available IMS MAT sales data in USD, member companies may be represented in the Association by 8 members for those holding the top 2 ranks (cumulative market share of 0 to 25 %), by 6 members for the consequent 3 companies (cumulative market share of 25 to 50 %) , by 4 members for the consequent 8 companies(cumulative market share of 50 to 80 %) , by 2 members for the consequent 7 companies (cumulative market share of 80 to 95 %) , and by 1 member for the remaining companies (cumulative market share of 95-100 %) .

Member companies might be represented by more members than the number of membership allocated to that specific category if they so wish and pay accordingly.

In accordance with article 13.2 of the charter, member companies shall pay per representative the annual dues designated in the general assembly. The annual dues may be paid in a lump sum following the general assembly or in two installments; two thirds of the total amount after the general assembly and one third in next January. Any companies or company representatives becoming a member after January shall prepay the membership due for 6 (six) months only, i.e. one half (50%) of the annual membership due