Mexico’s drug industry has seen its price rise more than 100% in less than a year, but that’s not stopping drugmakers from raising prices in the country.
The drug price for a generic drug has been raised by 25% in 2016 and 50% in 2017, the APN reported.
Mexico’s average price of $10.19 per milligram has risen by more than 150% since 2012, APN said.
The country has been struggling with the opioid crisis since 2016, when more than 3,200 people died in drug overdoses in Mexico.
Since then, the number of deaths has risen significantly.
According to the UN Office on Drugs and Crime (UNODC), drug deaths in Mexico jumped from more than 400 in 2013 to more than 9,000 in 2016.
In 2017, a total of 4,532 people died from opioid overdoses in the Mexican states of Veracruz, Oaxaca, Guerrero and Michoacan, according to the data.
In 2018, a whopping 7,500 people died.