Approval Process for Allopathic, Biological and Biotechnological Medications in Mexico

Posted 01 October 2009 | By

The seven so-called "pharmerging" countries (Brazil, China, India, Indonesia, Mexico, Russia and Turkey) are expected to account for approximately 20% of the total global pharmaceutical market by 2020.1 In particular, Mexico is becoming a key market for medicine sales. Market growth is expected to be 13%-16% per year through at least 2013.2 This double-digit growth is supported by a large increase in per capita income and purchasing power of the Mexican people expected over the next decade, which is important given that 90% of pharmaceuticals are paid for out of pocket in Mexico.3


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