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POSTS FOR "cheaper medicines law"
Despite Arroyo Order Cutting Some Prices, Drugs, Medicines Will Remain Expensive

Despite Arroyo Order Cutting Some Prices, Drugs, Medicines Will Remain Expensive

Even if seriously implemented, the Cheaper Medicines Law would still fail to bring down the prices of medicines because it did not break “the monopoly control of transnational corporations on all aspects” of the drug industry. This monopoly is the main reason why drug prices in the Philippines are among the highest in Asia.

Poor and Sick Filipinos Pay Dearly for Failure of Cheaper-Medicines Law

Poor and Sick Filipinos Pay Dearly for Failure of Cheaper-Medicines Law

A law passed last year to bring down the prices of drugs and medicines has not delivered on its promise, according to consumer and health advocates. It failed to break the stranglehold of huge transnational drug companies on the Philippine market. It also squandered an opportunity to develop the local pharmaceutical industry.

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