An insight into upcoming regulatory reforms affecting Chile pharma. Prepared in association with Carey, a leading global law firm, this is an extract from The Pharma Legal Handbook: Chile, available to purchase here for USD 99.
1. Are there proposals for reform or significant change to the healthcare system?
A bill that will modify the Sanitary Code is currently under discussion. Main topics covered by this bill of law are: (i) prescription by INN; (ii) labeling; (iii) interchangeability of pharmaceutical products; (iv) inaccessibility; (v) medical reps; (v) value transfer regulations; (vi) price control mechanisms; (vii) non-voluntary licenses; (vii) advertising, among others.
2. When are they likely to come into force?
It is likely that this bill would be approved during 2019 (second semester).