Sheinbaum's Decree: Aimed at Boosting Mexico's Pharmaceutical Industry

Mexico City, May 29, 2025 – President Claudia Sheinbaum announced a major initiative to boost the domestic pharmaceutical industry. The decree aims to attract foreign investment, increase medicine production within Mexico, and create jobs. "We want companies from other countries to invest in Mexico to produce medicines here," Sheinbaum stated during a press conference. This move addresses Mexico's heavy reliance on imported medicines. The plan includes collaboration with research institutions and companies like Birmex, a firm with a long history of vaccine production in Mexico. The decree is expected to have a substantial impact on Mexico's healthcare sector and economy. The initiative is part of a larger economic plan for the country.