National Economic Prosecutor (FNE) Market Study on Medicines
November 20, 2019 · 1 min read
In the exercise of the powers enshrined in DL N ° 211 that Sets the Standards for the Defense of Free Competition, the National Economic Prosecutor’s Office (“FNE”) published today the preliminary report of its market study on medicines (“Report”).
The Report – initiated in April 2018 – aims to analyze the market for medicines globally, including from the production of medicines to their distribution through various channels.
In this regard, the Report especially analyzes – among others – the classification and basic terminology of medicines; the history of the commercialization of medicines in Chile and general regulatory aspects; the markets for marketing and retail distribution of medicines, including their regulation, operation and competition; the particularities of the public market; and factors that influence market competition.
Finally, the Report presents recommendations for measures (14) whose application – in the opinion of the FNE – allows a structural reform of the industry, through the implementation of a regulation that promotes more competition in the reference market, and – as a consequence – ensures the population’s access to medicines at a lower price.
You can access the document (spanish) here.
