Panama has conducted a medicine procurement under a single-price model. 57 companies participated, ensuring a transparent process and clear rules that promote competition. The single-price model allows for setting uniform prices for all Social Security Fund (CSS) entities nationwide. This way, a larger quantity of medicines can be acquired at a better cost while maintaining quality. According to the CSS, the included medicines cover treatments for common and chronic diseases such as hypertension, type 2 diabetes, dyslipidemia, asthma, depression, anxiety, infectious diseases, allergies, and others. The objective of the procurement is to ensure a continuous supply nationwide. The Social Security Fund (CSS) announced this Wednesday that it will invest $91,979,892 in the supply, storage, transportation, and delivery of 348 chemical synthesis medicines over a 15-month period.
Panama's Social Security Fund Invests $91 Million in Medicine Procurement
Panama's Social Security Fund announced the procurement of 348 medicines for $91,979,892. The single-price model will ensure quality medicines at an affordable price for all entities nationwide.