Brazil's National Health Surveillance Agency ANVISA’s office of pharmaceutical drug market regulation (CMED) has fixed the average price increase of medicines to a maximum of 3.35 % for 2014. This value is the lowest price increase approved by the CMED in the past five years, writes Juliane Carvalho on Brazil Pharma News.
The Resolution from the CMED's Council of Ministers with manufacturer ceiling price adjustment was published on March 27, 2014 in the Brazilian Official Gazette. Pharmaceutical companies and distributors can now sell medicines based on the approved new prices starting on March 31, 2014 as long as they follow the mandated rules in the CMED's pharmaceutical market report.
Regulation applies to over 9,000 drugs
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