Generics are an effective tool to provide affordable, safe and reliable medicines to patients in Brazil, according to a presentation by Telma Salles [1].
The Brazilian generics market
Home/Reports | Posted 09/05/2014 0 Post your comment
Brazil is big. A population of 186 million makes it a huge country and a huge market. The Brazilian pharmaceutical market is the third largest in the Americas region, behind Canada and USA [2]. It ranks first in the Latin American region and is estimated to have a value of US$26,521 billion.
Brazilian Law 9.787/99 provides for the registration of generics in the country. The law introduced the concept of bioequivalence with reference products and enabled the launch of the first official ‘interchangeable’ generics in Brazil in February 2000. Before the introduction of the generics law, branded generics, which could be obtained either with or without a prescription, were the only alternatives to originator drugs.
In Brazil, generic medicines by law have to be 35% cheaper than the reference product, and in practice they are generally 60% cheaper. It is already possible to treat about 90% of the most common human diseases with generics. Among the 20 top prescribed drug products in Brazil, 15 have a generic drug alternative. A total of 76% of medicines dispensed in Brazil are generics. Generics have provided cumulative savings of more than BRL41 billion (US$21 billion) for the Brazilian population in the private market alone.
Looking to the future, biologicals are the next target for savings by the Brazilian Government. Almost 50% of the Ministry of Health’s total expenses on medicines are for biologicals, accounting for around US$3.9 billion per year, despite representing only 5% of the drugs purchased. The Government, however, wants to shift production to domestic firms, in the hope of generating US$225 million in savings per year. The Ministry of Health has organized a Productive Partnerships for Development [Parcerias para o Desenvolvimento Produtivo (PDP)] initiative in order to encouraging domestic production of biologicals by stimulating innovation, technology transfer and development of Brazil-based companies. To date, such arrangements should allow 25 biologicals to be manufactured locally [3].
Related articles
Proposal in Brazil to exempt medicines from tax
Confusion exists in Brazil over generics
Brazil to manufacture follow-on adalimumab
References
1. Salles T. Review and market trends III: emerging markets - Brazil. IGPA 16th Annual Conference, Brussels, Belgium, 9-11 December 2013.
2. GaBI Online - Generics and Biosimilars Initiative. The pharmaceutical market in Brazil [www.gabionline.net]. Mol, Belgium: Pro Pharma Communications International; [cited 2014 May 9]. Available from: www.gabionline.net/Generics/General/The-pharmaceutical-market-in-Brazil
3. GaBI Online - Generics and Biosimilars Initiative. Merck Serono to transfer technology for six similar biotherapeutic products to Brazil [www.gabionline.net]. Mol, Belgium: Pro Pharma Communications International; [cited 2014 May 9]. Available from: www.gabionline.net/Biosimilars/News/Merck-Serono-to-transfer-technology-for-six-similar-biotherapeutic-products-to-Brazil
Permission granted to reproduce for personal and non-commercial use only. All other reproduction, copy or reprinting of all or part of any ‘Content’ found on this website is strictly prohibited without the prior consent of the publisher. Contact the publisher to obtain permission before redistributing.
Copyright – Unless otherwise stated all contents of this website are © 2014 Pro Pharma Communications International. All Rights Reserved.
Guidelines
Regulatory update for post-registration of biological products in Brazil
New regulations in Brazil for the registration of biosimilars
Policies & Legislation
NPRA Malaysia trials new timelines for variation applications
Regulatory evolution and impact of simplified requirements for interchangeable biosimilars in the US
Comments (0)
Post your comment