Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Industry / Peru

Ministry Of Health To Audit Hospitals, Push Generic Drugs

August 2011 | Industry Trend Analysis

BMI View: While it is one thing to translate healthcare promises into healthcare policy, it is another to ensure funding resources are properly allocated. As such, Peru's recent announcement that it will tackle healthcare inefficiencies signals a step towards improved public healthcare services. However, while the government considers it a patient right to demand generic substitution and is keen on cutting costs through the use of generic medicines, BMI notes the country will need to invest in establishing bioequivalence standards and quality controls. Without these, we argue it will be difficult to convince patients and physicians alike that generics are viable alternatives to patented drugs.

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