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Regulatory Challenges in the Latin American Generic Drug Market

The growing Latin American generic drug market faces regulatory challenges, including a lack of standardization across countries. The proposed Latin American and Caribbean Medicines Agency (AMLAC) aims to harmonize health regulations and remove trade barriers to foster access to safe medicines and medical devices. Manufacturers, especially generics, are expected to hugely benefit from this policy. Successful harmonization could alleviate these obstacles, benefiting both manufacturers and consumers.

Source: www.drugpatentwatch.com –

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