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1040

Chile

Drug Law - Law 20.724

The new law is intended to guarantee timely access by all Chileans to medication with a proven effectiveness and safety.

Highlights:

– Physicians must indicate the active ingredient in the medication to allow substitution, at the patient’s request, of the prescribed medication by another that is bioequivalent.

– Pharmaceutical laboratories must publish a price list and pharmacies must label the price of each product on its container.

– There can be no economic incentives that ultimately lead to preferring the use of one certain product over another.

– Medication can be fractionated or unit doses can be sold under a physician’s prescription so that patients do not to pay for more medication than they need.

– The obligation is established for over-the-counter medications to be available on shelves. According to the law, these matters will be controlled in regulations.