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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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