Costa Rica sets maximum prices for 517 medications: Government anticipates discounts of nearly 30% starting in December

The government of Costa Rica has implemented a new policy establishing maximum retail prices for 517 pharmaceutical products. The regulation, which is scheduled to take effect in December, targets medications currently priced above a specific threshold and is projected to result in an average price reduction of approximately 30 percent for consumers.

The measure represents a significant intervention in the national pharmaceutical market aimed at curbing costs. By capping prices on hundreds of products, the administration seeks to increase the affordability of essential medicines across the country.