The diagnostic product and instrument agency agreement is a term of sale between the pharmaceutical company and the purchaser of the products and services. The agreement letter is mutually signed by both the parties and it contains the terms and conditions to be implemented while making the transaction. The diagnostic products include a wide range of diagnostic tests and systems. The medical instruments are apparatuses and machines used in the diagnosis, treatment and prevention of various types of diseases.
The agreement outlines the applicable warranties on the different diagnostic products and instruments. The contractual document outlines the warranty period for the new instruments and refurbished instruments. The document also contains the detailed information about the conditions under which, the purchaser can get access to technical assistance. The diagnostic product and instrument agency agreement must be approved by the Food and Drug Administration. The document also depicts various rules and regulations regarding the delivery of the medical products.
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