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Mexico Studies Plan to Cut Drug Prices Through Talks, Not Caps

Officials favor negotiation over direct caps.

Overview

  • President Claudia Sheinbaum said Health and Economy officials are analyzing mechanisms to lower costs, with priority on patented medicines.
  • The government is meeting with pharmaceutical companies and drug distributors to address what it calls excessive prices in private pharmacies and hospitals.
  • The national antitrust authority has been tapped to ensure sufficient competition and to deter practices that unjustifiably raise prices.
  • Teams are reviewing market behavior and cost structures, including why some drugs stay costly even when the peso strengthens against the dollar.
  • Public clinics are to keep supplying medicines free of charge, and specific measures for the private market will be announced after the evaluation phase.