Cofepris Breaks Down BarriersWed, 09/06/2017 - 18:22
Since being recognized as a regulatory agency by the WHO, over the past five years several Central and South American countries have followed suit, increasing Mexico’s attractiveness as a Latin American base of operations
One of the reasons Mexico is such an attractive destination for foreign companies, other than the size of its population and its growing economy, is the fact that its main sanitary regulatory agency, COFEPRIS, is recognized by the WHO and by other Central and South American countries. A product that has successfully obtained registration in Mexico is much easier to launch in Costa Rica, Colombia, Ecuador, El Salvador, Chile, Panama, Belize and Peru. This makes Mexico an ideal springboard from which to begin a Latin American expansion for big multinationals.