COLOMBIA
LOWER FARES OF REGISTRATION BEFORE THE COLOMBIAN FOOD AND DRUG AUTHORITY
The National Surveillance Institute for Drugs and Foods (Invima) expects the new platform “Invima in a click” to be implemented by the end of this year
Costs for different procedures carried out before said entity are expected to be reduced. For instance, the value of the sanitary registration of alcoholic beverages is calculated to decrease up to 13% of its value.
The decrease in the value of procedures for sanitary registrations, notifications and authorizations will be similar. The value of these procedures is intended to decrease between 13% and 15%.
Meanwhile, the reduction in the value of registration regarding medicine procedures is expected to be less and more limited, since it is estimated to be between 5% and 7% and will apply exclusively for a new sanitary registration or pharmacological evaluation of chemical synthesis drugs.
With the execution of this new platform the formalization of procedures for human consumptions goods is intended to be encouraged, as well as the time of issuance of the registrations and authorizations is expected to improve.