• You are here:
  • Attorneys at Law
  • News
  • Competition in the pharmaceutical market: Chilean Senate expedites bill discussion
Newsletter

Competition in the pharmaceutical market: Chilean Senate expedites bill discussion

drugs
2 December, 2019

Since 2015, the so-called Bill “Drugs II” has been the focus of an important discussion about how to address the critical issue of advancing towards a more effective access to drugs and fostering a fairer competition in the pharmaceutical market, while still promoting the innovation and protection of intellectual property in this key industrial sector for the economy of Chile.

In November 2019, the National Economic Prosecutor (FNE) published an in-depth study on the drug market, showing significant results endorsing the vision of the bill, providing substantial data on entrenched asymmetries and problematic business practices of the pharmaceutical industry would be impacting the access to drugs by the Chilean population.

Several of the recommendations included in the FNE’s study are aimed at: instituting the obligations for doctors to prescribe drugs under the “International Common Denomination (ICD)” of the compound; boosting the bioequivalent drugs market, securing greater transparency in public bidding processes for the purchase of medicines by the National Health Service System (Cenabast); and allowing direct sales in establishments other than pharmacies as well as online purchase, among others.

Therefore, the Chamber of Deputies of the Congress has recently delivered the bill “Drugs II” to the Senate, to continue with the constitutional review and eventual approval. The Executive power, at its turn, has assigned urgency to the bill to expedite the legislative discussions.

Francesca Rodríguez

Senior Associate

Work with us

We seek professionals of excellence and with high human values being willing to face the challenge of being a member of one of the most solid and prestigious law firms in Chile.

Send us your data

El Regidor 66, floor 10th

Las Condes, Santiago - Chile

+562 2787 6000 alessandri@alessandri.cl See map