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Filipinos are expected to benefit from the government initiative for the poor with the full implementation of the Cheaper Medicines Law.
The Department of Health (DOH) has assured the public of the reduction of medicine prices with the full effect of Republic Act No. 9502, otherwise known as the Universally Accessible Cheaper and Quality Medicines Act of 2008 and its implementing rules and regulations (IRRs).
One of the effects of the Cheaper Medicines Act is the release next month of a price control list which includes some 25 drug categories, among which are medicines for hypertension, diabetes and cancer, DOH Undersecretary Alexander Padilla said.
He added that the DOH is on the process of reviewing and identifying the drugs that will be included in the price control list.
He also said the department is studying the possibility of importing drugs which are scarce locally, particularly those for cancer treatments. He also admitted that since the IRRs of the new law took effect, more generic medicines are now entering the country.
Padilla said the new law has also required manufacturers who hold drug patents to make generic counterparts or equivalents of their patented products.
Meanwhile, the provincial government of Capiz continues to serve more Capiceños through the sale of cheaper medicines in the various government hospital pharmacies in the province.
source: PNA
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Topic: Cheaper Medicines Law (Read 1461 times)