• Twitter
  • Facebook
  • LinkedIn
  • English English English en
  • Português Português Portuguese (Brazil) pt-br
Murray Advogados
  • Home
  • The Firm
  • Areas
    • More…
      • Probate and Family Law
      • Capital Stock
      • Internet & Electronic Trade
      • Life Sciences
      • Capital and Financial Market Banking Law
      • Media e Entertainment
      • Mining
      • Intellectual Property
      • Telecommunications Law and Policy
      • Visas
    • Arbitration
    • Adminstrative Law
    • Environmental Law
    • Civil Law
    • Trade Law
    • Consumer Law
    • Sports Law
    • Market and Antitrust Law
    • Real Estate Law
    • International Law and Foreign Trade
    • Corporate Law
    • Labor Law
    • Tax Law
    • Power, Oil and Gas
  • Members
  • News
  • Links
  • Contact
    • Contact Us
    • Careers
  • Search
  • Menu Menu
Murray News

Drugmakers ask São Paulo government to review medicine price rises

Several pharmaceutical groups warn about distortions resulting from new price list of different drugs

01/27/2023


Brazilian drugmakers, including those focused on generic medicines, asked the government of São Paulo to suspend the ordinance that raised medicine prices amid a risk of “occasional shortages” of certain treatments.

In letters sent Thursday to the state’s revenue service, FarmaBrasil – a trade group that represents large companies like Aché, Biolab, EMS, Eurofarma, Hypera, and Libbs) – and the PróGenéricos and Alanac organizations warned about distortions arising from the new list of Weighted Average Price to the Final Consumer (PMPF) of different products, and ask the authorities that the ordinance, which will come into force on February 1, be suspended until the “inconsistencies” are clarified.

Several states announced higher sales tax ICMS rates for medicines at the end of last year, which will be reflected in price increases as of February.

In São Paulo, there was no increase in the rate, but there was in the PMPF, with an impact on prices.

In a letter, FarmaBrasil points out that even the revised list of PMPFs in São Paulo, after warnings to Sindusfarma, maintained distortions and the average weighted price of certain drugs reaches 100% of the maximum price to the consumer imposed by the Chamber for Drug Market Regulation (CMED), the federal agency that regulates the market, after the change in rules.

“Such measure, if not reviewed, will make the commercialization of several drugs unfeasible, which may become commercially unviable and even cause specific shortages,” the trade association said in the letter.

PróGenéricos and Alanac, in turn, asked for the maintenance of the previous ordinance and immediate suspension of the new one at least until the meeting scheduled for January 31, when such distortions are expected to be discussed.

In a note, the Secretariat of Finance and Planning recalled that it extended by five months the application of the new PMPFs, which should have occurred in August. The secretariat “will maintain contacts with the sector, upon request, to address specific cases in which some reference prices may have exceeded the maximum price to the consumer set by the Chamber for Drug Market Regulation,” says the note, adding that the ordinance “already provides for the treatment for these cases, which will be duly clarified to representatives of the sector.

*By Stella Fontes — São Paulo

https://valorinternational.globo.com/
27 de January de 2023/by Gelcy Bueno
Tags: drugmakers, medicine price rises
Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on WhatsApp
  • Share on LinkedIn
  • Share by Mail

Pesquisa

Posts Recentes

  • NEWSLETTER MAY 2025 – MURRAY ADVOGADOS
  • Tariff war sends shipping rates soaring in Brazil
  • High interest rates make investment unviable, Ometto says
  • Lower House speaker offers fiscal plan to avoid IOF tax hike
  • Stronger ethanol market drives Evolua back to profitability

Arquivos

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
© Copyright 2023 Murray Advogados – PLG International Lawyers - Support Webgui Design
  • Twitter
  • Facebook
  • LinkedIn
Muffato buys 16 properties, 11 gas stations from Makro Analysis: Inflation expectations worsen again days before meeting
Scroll to top