Colombia Revises Drug Price Controls

drug price control
The National Commission for Medicines and Medical Devices Pricing published a second draft of Circular 20 in May 2026 (the first was in December 2025). This updated framework presents valuable opportunities for the pharmaceutical and healthcare sector.

The revised text sets the regulated monetary adjustment at a 7.4% reduction. This smartly corrects calculations by expanding the review to 24 months, up to December 2025.

Additionally, it defines two distinct rates: for international comparisons and for current price updates. The update broadens adjustments to 40 entries, a 74 percent increase impacting specialized therapies. The text integrates 34 new markets and 5 subcategories into the direct control regime. Crucially, it introduces practical units like kits for cystic fibrosis and separates formulas, such as tenofovir variations.

Furthermore, it explicitly names the 8 markets reviewed by request, including ibuprofen and also thalidomide. This update establishes pricing architecture designed to foster the sustainability of the health system.

18 May, 2026

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