Mexico Pharmaceuticals and Healthcare Report - Business Monitor International - Industry Reports

Mexico Pharmaceuticals and Healthcare Report

Mexico Pharmaceuticals and Healthcare Report - Business Monitor International - Industry Reports
Mexico Pharmaceuticals and Healthcare Report
Published Oct 15, 2016
86 pages — Published Oct 15, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

In June ----, Mexico outperformed Brazil (for the first time) in terms of attracting investment from Germany. According to German Expo, German pharmaceutical companies rated investment opportunities in Mexico over the rest of Latin America due to its stability. ...In the same month, Pfizer also launched MXN---mn (USD--mn) in clinical research in Mexico. From September ----, Mexico s Federal Commission for Sanitary Risk Protection (COFEPRIS) will accept English-written documentation for the registration of innovative drugs, highlighting the theme of streamlined pharmaceutical regulation. The measure will apply to three of the five modules that make up the registration dossier, including sections that discuss results from preclinical and clinical trials. ...From September ----, Mexico s Federal Commission for Sanitary Risk Protection (COFEPRIS) will accept English-written documentation for the registration of innovative drugs, highlighting the theme of streamlined pharmaceutical regulation. The measure will apply to three of the five modules that make up the registration dossier, including sections that discuss results from preclinical and clinical trials.

...The lack of coordination between IMPI and the COFEPRIS has held back improvements in patent protection. Continued failure to enforce domestic patent law may continue to limit investment and product launches by multinationals. IMSS and ISSSTE bureaucracy has resulted in long waiting times for clinical trial approvals, representing a threat to investment in clinical development. Possible reduction of local manufacturing levels due to increasing competition from imports originated from lower cost bases such as China, India and Brazil. The establishment of a centralised public procurement mechanism in conjunction with other Latin American countries will have a negative effect on market values. ...Possible reduction of local manufacturing levels due to increasing competition from imports originated from lower cost bases such as China, India and Brazil. The establishment of a centralised public procurement mechanism in conjunction with other Latin American countries will have a negative effect on market values.

...Despite recent reforms, the enforcement of domestic patent law remains problematic. ...An inefficient coordination of regulatory and healthcare policies has contributed to high pharmaceutical prices. Law enforcement, particularly regarding counterfeit medicines, is sporadic and overshadowed by other major issues, including cartel-related violence. Red zones, or black markets, are known to the authorities and private security is a known overhead cost to manufacturers operating in Mexico. ...

  
Source:
Document ID
1748-2046
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Mexico Pharmaceuticals and Healthcare Report" Oct 15, 2016. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Mexico-Pharmaceuticals-and-Healthcare-Report-2026-407>
  
APA:
Business Monitor International - Industry Reports. (2016). Mexico Pharmaceuticals and Healthcare Report Oct 15, 2016. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Mexico-Pharmaceuticals-and-Healthcare-Report-2026-407>
  
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