Raquel Miguéis
November 25, 2025

Annual Price Revision 2026

The rules for the Annual Price Revision 2026 were published.

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Ordinance no. 394/2025/1 of November 14th and Informative Note 132/CD/100.20.200 of November 17th set out the reference countries to be considered for price calculation and the criteria for Annual Price Revision (RAP) of 2026.

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The deadlines for RAP 2026 were also defined:

- For non-generic and non-biosimilar medicinal products, new maximum prices must be submitted to INFARMED up to 15th December 2025, which will come into force on 1st January 2026.

- For generic and biosimilar medicinal products, new maximum prices must be submitted to INFARMED up to 15th January 2026, which will come into force on 1st February 2026.

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Along with the Informative Note, all the support documentation for RAP 2026 was also published in INFARMED’s website.

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Owlpharma can support you in the preparation of Annual Price Revision. For more information, please contact us at owlpharma@owlpharma.pt.

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