Pharmacogenomics has emerged as an essential component of personalized therapy in internal medicine, offering a framework to understand how genetic variability influences drug response, safety, and treatment effectiveness. This review synthesizes international evidence to identify clinically relevant gene–drug interactions, evaluate global implementation strategies, and examine their applicability to healthcare systems in Mexico, Colombia, and Ecuador. The analysis demonstrates that cytochrome P450 enzymes—particularly CYP2C19, CYP2D6, and CYP3A4—continue to play a dominant role in predicting therapeutic outcomes, with strong evidence supporting interactions such as CYP2C19–clopidogrel, CYP2D6–codeine, and SLCO1B1–simvastatin. These associations consistently appear in international guidelines and represent high-impact opportunities for improving cardiovascular, psychiatric, and oncologic care. Global implementation models from North America, Europe, and Asia highlight the importance of structured policies, laboratory capacity, and electronic health record integration, while emerging experiences from Africa and Southeast Asia emphasize scalable, resource-adapted strategies. In Latin America, Mexico demonstrates the highest readiness for pharmacogenomic adoption, followed by Colombia with promising institutional initiatives, and Ecuador with early-stage development requiring capacity-building. The review also discusses the expansion of pharmacogenomics into multi-omic approaches, including epigenetics and nutrigenomics, which are expected to refine predictive accuracy but require advanced informatic infrastructure and clinician training. Overall, pharmacogenomics provides a powerful opportunity to enhance therapeutic precision, reduce adverse drug reactions, and promote equitable and efficient healthcare delivery. Its successful implementation in Latin America will depend on coordinated policy development, investment in infrastructure, and the integration of genomic education into clinical training programs.