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Panama Cuts Essential Medicine Prices by 50%

1/4/2025

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Summary

Story summary

On January 2, 2025, President José Raúl Mulino unveiled a groundbreaking initiative to slash prices of 20 essential medicines in Panama by as much as 50%. This ambitious plan also promises automatic health registration for FDA and EMA-approved drugs. While the National Union of Pharmacy Owners backs the effort, they stress the importance of transparency and maintaining quality standards.

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Story summary

On January 2, 2025, President José Raúl Mulino unveiled a groundbreaking initiative to slash prices of 20 essential medicines in Panama by as much as 50%. This ambitious plan also promises automatic health registration for FDA and EMA-approved drugs. While the National Union of Pharmacy Owners backs the effort, they stress the importance of transparency and maintaining quality standards.