Public ID: PID-GEX6O9

Regulation on pricing of branded medicines in Ecuador

in Ecuador

Trade barrier summary

National regulations require fixed pricing for strategic medicines that the government plans to purchase, but it also applies to products entering the private market first. The pricing method is based on the 3 lowest fixed prices from other countries, without considering local market conditions. Additionally, an adjustment index further lowers the price, which can discourage the introduction of innovative medicines.

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Sectors affected

• Pharmaceuticals and biotechnology

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Resolved

No

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Date reported

28 March 2025

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Last updated

17 December 2025

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Public ID

PID-GEX6O9

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