Pharmaceuticals

Private hospitals set to hike fees; Palace seeks Congress intervention

Published by rudy Date posted on September 23, 2009

Private hospitals have defied government’s reminder and pushed through Tuesday with their plan to hike their service fees, which they indicated may last for at least six months.

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Who’ll protect patients from wolves in hospitals?

Published by rudy Date posted on September 22, 2009

AVARICE: The way the association of private hospitals has been insisting on raising their already exorbitant fees, one shudders at the thought that it seems even the government cannot stop the gouging of the sick and the dying.

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Health chief eases drug makers’ fear of prolonged losses

Published by rudy Date posted on September 22, 2009

HEALTH Secretary Francisco Duque III has assured drug makers that increased sales volume will offset the P7-billion losses they incurred from the price cut in medicines since Sept. 15.

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Palace warns hospitals raising fees due to cheaper drug law

Published by rudy Date posted on September 22, 2009

MANILA, Philippines – Malacañang said yesterday private hospitals that will raise fees to cope with the cost of the implementation of the Cheaper Medicines Law could face sanctions.

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Private hospitals to raise fees to recoup losses from drug price cut

Published by rudy Date posted on September 20, 2009

MANILA, Philippines – Private hospitals will increase their administrative fees to recoup the losses incurred from the medicine price cuts.

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Hospital owners asked not to raise fees due to drug price cut law

Published by rudy Date posted on September 17, 2009

MANILA, Philippines – Malacañang yesterday called on the country’s private hospitals to reconsider their decision to raise fees as a response to the mandatory compliance with the Cheaper Medicine Law, saying this would be counter-productive.

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Hospitals hike fees to recoup losses

Published by rudy Date posted on September 16, 2009

DRUG PRICE REGULATION MANILA, Philippines—The president of a group of private hospitals Tuesday said its members had increased fees to recoup losses from 21 commonly used medicines whose prices were cut in half under the government’s drug price regulation scheme.

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Another look at the cheaper medicine law

Published by rudy Date posted on September 15, 2009

Recently, Malacanang approved Republic Act 9502, known as the Universally Accessible Cheaper and Quality Medicines Act of 2008 which not more than four years ago, enabled a mandated cap on retail prices to allow lower-income family access to these life-saving medications.

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So much for ‘patient care’

Published by rudy Date posted on September 11, 2009

Although great strides have been made in efforts to make basic medicine affordable to the majority of Filipinos, the fight is far from over. Even at the risk of incurring the ire of our good friends from Pfizer who have taken time to explain Pfizer’s side of things, we will continue to write about the…

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DOH to file cases vs pharmacies, hospitals not implementing cheaper drugs law

Published by rudy Date posted on August 20, 2009

MANILA, Philippines – The Department of Health (DOH) yesterday threatened to file cases against pharmacies and private hospitals that are not implementing the government price control on essential medicine pursuant to the Cheaper Medicine Law.

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Take drug price plaints to health centers

Published by rudy Date posted on August 17, 2009

MANILA, Philippines—Health Secretary Francisco Duque III Sunday urged the public to bring complaints against drugstores that continue to sell medicine at exorbitant prices to their nearest health center.

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DOH warns pharmaceutical firms, drug stores vs violating medicine price cut

Published by rudy Date posted on August 16, 2009

MANILA, Philippines – Health Secretary Francisco Duque III yesterday warned all drug stores and pharmaceutical companies against non-compliance with the medicine price.

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Drugstores violating drugs price cuts

Published by rudy Date posted on August 15, 2009

MANILA, Philippines–Health inspectors caught some drugstores and private hospitals violating a new executive order lowering prices of essential medicines, on Saturday, when the order took effect.

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DOH asks drug stores to report erring suppliers

Published by rudy Date posted on August 13, 2009

MANILA, Philippines – The Philippine Healthcare Associations of the Philippines (PHAP) yesterday said an inventory system is now in place to ensure rebates to drugstores and pharmacies in the implementation of the medicine price cut order on Aug. 15.

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Hospitals to go bankrupt if government insists on drug prices cut – PHAP

Published by rudy Date posted on August 12, 2009

MANILA, Philippines – Private hospitals will “go bankrupt” if the government insists on implementing Executive Order 821 cutting the prices of 43 types of medicine on Saturday, according to Private Hospitals Association of the Philippines (PHAP).

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Palace warns of drug price sabotage

Published by rudy Date posted on August 10, 2009

MANILA, Philippines—Malacañang Sunday warned the public against the possibility of giant multinational drug companies “sabotaging” the government’s efforts to bring down the prices of medicine in the country.

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Drug price board creation sought

Published by rudy Date posted on August 2, 2009

Three lawmakers sought to amend the watered-down version of the Cheaper Medicines Law with the inclusion of the Drug Price Regulatory Board (DPRB), which would put a cap on all types of medicine.

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Pfizer chief goes on TV, laments RP drug stance

Published by rudy Date posted on July 31, 2009

PFIZER Inc. chief executive Jeff Kindler said he was “disappointed” after the Philippine government ordered a reduction in drug prices, including the price of the company’s cholesterol treatment Lipitor.

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Why maximum drug retail price must be imposed

Published by rudy Date posted on July 26, 2009

GOVERNMENT intervention is needed to address market failures and inequities in the Philippine pharmaceuticals industry.

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Medicines still costly year after cheaper drugs law out in place

Published by rudy Date posted on July 26, 2009

IT’S business as usual. More than one year has elapsed and yet many medicines are still being sold at their usual price.

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A huge pharmaceuticals market

Published by rudy Date posted on July 26, 2009

THE pharmaceutical market is large—and growing. Worth P47 billion in 1999, it grew to P70 billion by 2003 and is probably worth P100 billion now.

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Pharma giants blink, slash prices in half

Published by rudy Date posted on July 26, 2009

Government should be as decisive in dealing with other sectors THE P100-billion pharmaceutical market has been breached, and drug giants blinked.

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Forced to volunteer

Published by rudy Date posted on July 25, 2009

The latest word out of the Department of Health is that the pharmaceutical industry in the Philippines has offered to voluntarily lower the prices of 42 branded medicines. The medicines fall under 16 of the 21 “essential drugs” categories that the DoH had recommended to President Gloria Macapagal-Arroyo for mandatory price capping under Republic Act…

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50% price cut for 23 more essential drugs – DOH

Published by rudy Date posted on July 22, 2009

MANILA, Philippines – The Department of Health (DOH) yesterday reported that local pharmaceutical companies are set to voluntarily reduce prices of 23 anti-cancer and other essential drugs.

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Don’t sell out

Published by rudy Date posted on July 22, 2009

The senators are right. The government is taking too long to issue the order setting the maximum retail price for most-prescribed drugs as provided in the Cheaper Medicine Law passed by Congress one year ago. After a year, shouldn’t cheaper medicines be available in drugstores by now?

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Drug firms blink, slash medicine prices

Published by rudy Date posted on July 20, 2009

PRESIDENT Arroyo has ordered the Health Department to review the cuts made by medicine makers on 22 critical drugs before she decides whether or not to sign an Executive Order detailing what those cuts should be, an official said yesterday.

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Drug industry had it coming

Published by rudy Date posted on July 17, 2009

The drug industry’s worse case scenario is hopefully just about to happen. And as far as I can see, they have no one else to blame but themselves. Through the years, the drug lobby had been horrible. They bully and yes, I can almost believe allegations that they are not above bribery too but not…

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JPE: Drug firm tried to derail order on lower prices

Published by rudy Date posted on July 14, 2009

MANILA, Philippines – Senate president Juan Ponce Enrile said a giant multinational drug firm had tried to stop the signing of an executive order putting a cap on the price of essential medicine by offering an alternative program to health officials involving the giving away of five million discount cards to indigent Filipinos.

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Palace vows lower prices of certain medicine

Published by rudy Date posted on July 13, 2009

MANILA, Philippines – Malacañang assured the public yesterday that prices of certain medicines, including those taken by the elderly, will go down by half in the next 10 days even as officials turned the tables against Sen. Mar Roxas, who they said was actually the one opposing the reduction of the prices of drugs.

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Drug firms given until next week to submit medicine price list

Published by rudy Date posted on July 12, 2009

MANILA, Philippines – Pharmaceutical companies have until next week to submit a list of drugs and medicines whose prices they promised to cut by at least half, Health Secretary Francisco Duque III said yesterday.

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