Pharmaceuticals

Roxas hits lobbying by drug firms

Published by rudy Date posted on July 11, 2009

MANILA, Philippines – Sen. Manuel Roxas II wants President Arroyo to shed light on reports that pharmaceutical companies have brought their lobbying against the implementation of the Cheaper Medicine Law right to the doorsteps of Malacañang and with the help of a presidential adviser.

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Govt to drug companies: Cut prices in half or else

Published by rudy Date posted on July 11, 2009

PRESIDENT Arroyo has given pharmaceutical firms until July 18 to cut the prices of essential drugs by 50 percent or more as dictated by the Cheaper Medicines Law, an official said yesterday.

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Foreign chambers clamor for repeal of medicine price cap

Published by rudy Date posted on July 4, 2009

FOREIGN businessmen have called on the Philippine government to reconsider the imposition of a maximum retail price (MRP) on medicines under Republic Act 9502, or the Act Providing for Cheaper and Quality Medicines.

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Drug industry foresees 12% sales growth

Published by rudy Date posted on June 23, 2009

LOCAL medicine makers and distributors expect sales to grow 12 percent this year despite the global financial crisis following the entry of more generics, an official said yesterday.

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Growth of supplements impacts pharma sector

Published by rudy Date posted on June 13, 2009

MANILA, Philippines—The emergence of various types of health supplements has adversely impacted the growth of the local pharmaceutical sector, according to an industry executive.

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Pharmaceutical industry to grow 5-6% this year

Published by rudy Date posted on June 4, 2009

MANILA, Philippines – Sales of medicines and other pharmaceutical products are expected to go up by five to six percent this year, the Pharmaceutical and Healthcare Association of the Philippines (PHAP) said yesterday.

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