COLOMBIA’S PHARMACEUTICAL SECTOR GROWTH THREATENED BY PRICE CONTROLS

ALTHOUGH Colombia's pharmaceutical sector has enjoyed growth over the past few years, new price controls could disrupt the sector's expansion if they are poorly planned, industry representatives claim.Their concerns focus on the reaction to maximum price controls on medication recently approved by the government. The price controls will take effect early September (2013) following the publication of an initial list of 195 medications on July 25 by a technical working group of the la Comisión Nacional de Precios de Medicamentos (National Commission of Medication ...


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