Faster Access to Generic Drugs and Import for Shortages.
New rules aim to facilitate access to cheaper generic and imported drugs when there are market shortages or low competition. This should help combat drug shortages and lower prices, directly impacting citizens' healthcare costs.
Key points
Expedited Generic Drug Approval: Generic drugs can be approved faster, increasing their availability and competition.
Temporary Drug Importation: In case of drug shortages, temporary importation from abroad will be allowed to ensure continuous supply.
Support for Low-Competition Markets: The regulations aim to address situations where few manufacturers produce a drug, often leading to high prices.
Expired
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