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This dissertation w as written as part of the LLM in Transnational and European Commercial Law, Mediation, Arbitration and Energy Law at the In ternational Hellenic University. In this dissertation, there will be analyzed the phenomenon of parallel trade in pharmaceuticals , which is based on the principle of parallel trade in pharmaceuticals, according to Articles 34, 35 and 36 TFEU, as mentioned in the first chapter. Moreover in the second chapter, there will be an analysis for the pharmaceutical market and the parallel trade in pharmaceutical sector. In the same chapter, there will be mentioned which is the importance of intellectual property r ights in pharmaceutical industry and, also, which is the meaning of Exhaustion of Intellectual Property Rights. The subsequent chapter refers to Articles 101 and 102 TFEU and the restraints in parallel trade of pharmaceutical products, which is an issue ex amined in many ECJ law - cases, some of which are mentioned to the fourth chapter. Finally, the last chapter has to do with positive and negative aspects of parallel trade in pharmaceuticals.