Colombia’s New Pricing Decree Could Impact Drug Registration, Warns Industry Group

The pharmaceutical industry in Colombia is concerned that a new pricing decree could impact the regulatory process for new drugs.

Colombia
Colombia's Pharmaceutical Industry Association Calls For Pricing Decree to be Revised

Afidro, Colombia’s research-based pharmaceutical industry lobby group, has called on the government to revise a decree that will link the price of a drug to its therapeutic value. The decree currently lacks clarity and could mean that regulatory approval of new drugs may depend on the new evaluations, the group claims.

A new policy that links the price of a new drug to its therapeutic value will be effective from December,...

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