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<strong>Pharma</strong>.FocusReports.net<br />
Mexico Report<br />
Mexico Report<br />
SPECIAL SPONSORED SECTION<br />
between patent loss and generic arrival on<br />
the market was two years… today COFE-<br />
PRIS is making a great effort to reduce the<br />
time needed to issue a generic<br />
registration. In some cases the<br />
time to market has reduced to a<br />
couple of months. This is very<br />
important for the authorities because<br />
it represents a lot of savings.”<br />
International Recognition<br />
The third step for COFEPRIS<br />
is to build international recognition.<br />
In 2005, the organization<br />
launched a project with<br />
PAHO to harmonize regulators in Latin<br />
America. Since then, other countries in<br />
the region have been much faster on the<br />
uptake in recognizing the importance of<br />
being audited and approved by the international<br />
health authority. Brazil and Colombia<br />
were the first to be given recognition,<br />
followed by a string of other<br />
Dr. Dagoberto<br />
Cortés, General<br />
Director, Hormona<br />
Laboratorios<br />
countries, and only in June 2011 did<br />
COFEPRIS reinitiate the process with<br />
PAHO. At the moment they are already<br />
on their final audit: a positive<br />
sign for a country, where recognition<br />
has been long overdue.<br />
An approval from PAHO<br />
would indicate the strength and<br />
rigidity of Mexico’s sanitary<br />
regulations, and the bar that<br />
has been raised in terms of the<br />
quality of drugs produced in<br />
Mexico.<br />
As Mikel Arriola puts it, to<br />
receive PAHO certification<br />
means that “we will have closed<br />
the circle in terms of modernization of the<br />
agency and implementing the best practices<br />
required. More importantly, COFEPRIS<br />
will be able to guarantee predictability, efficiency,<br />
safety and now recognition by an<br />
external authority which is the fourth pillar<br />
in our work agenda. It will be the added<br />
value of President Calderon’s presidency<br />
– to build a strong, comprehensive and<br />
recognized sanitary institution.” he says.<br />
COFEPRIS has come a long way since<br />
it opened in 2003. It is still a very young<br />
organization that has to deal with constantly<br />
increasing responsibilities, but<br />
PAHO recognition will be the first step in<br />
sending a plain and categorical message<br />
to other regulatory agencies about Mexico.<br />
COFEPRIS would not only fulfill its<br />
role as a sanitary regulator, but also as an<br />
economic regulator.<br />
SHIFTING LANDSCAPES<br />
SHIFT STRATEGIES<br />
The patent cliff is not a ground-breaking<br />
story. It is affecting Mexico as well as other<br />
pharmaceutical markets across the globe.<br />
Sources say that in Mexico, the market will<br />
lose 600 million USD in exclusivity by 2015.<br />
Marked socio-economic differences are also<br />
playing an important role in pushing the<br />
uptake of generics, and these issues are<br />
starting to affect multinational corporations<br />
(MNCs). MNCs are being forced to<br />
open up and diversify, quite simply to have<br />
their fingers in as many pies where they can<br />
compete successfully. Alternatively they are<br />
applying a more focused sales strategy to<br />
concentrate on niche markets.<br />
Alvarez Tostado of AstraZeneca believes<br />
that MNCs need to adjust their activities<br />
to become competitive in both the private<br />
and public sector.<br />
“Mexico provides a uniquely generous<br />
market structure where you have the institutional<br />
sector, the private out-of-pocket<br />
segment of the market, and then you have<br />
the new up-and-coming popular insurance<br />
systems that will cater to those who have<br />
very little access to medical care, if they<br />
have access at all. So in that regard, I think<br />
the industry has to realign itself to make<br />
sure that it is able to provide adequate services<br />
to the institutional sector; provide<br />
broadened access to the out-of-pocket consumer,<br />
and obviously realign to be competitive<br />
in the Seguro Popular concept.”<br />
Mexico is no exception to the global<br />
trend of companies moving towards branded<br />
generics either, a successfully growing<br />
sector in a very much brand-driven Mexi-<br />
S9 FOCUS REPORTS AUGUST 2012<br />
14 August 2012<br />
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HCL Premedia<br />
FOCUS REPORTS