Global Trade Alert
Global Trade Alert

Bolivia: Government creates the public pharmaceutical company LIFAB

Announcement

12 Oct 2023

In October 2023, the Bolivian authorities created the public company Bolivian Pharmaceutical Industry Laboratory (Laboratorio Industria Farmacéutica Boliviana or LIFAB in Spanish) to support the pharmaceutical industry. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

12 Oct 2023

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 12 October 2023, the national government of Bolivia approved Supreme Decree 5040 creating the public company Pharmaceutical Industry Laboratory (Laboratorio Industria Farmacéutica Boliviana or LIFA...

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