Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Industry / Philippines

Implementation Of The Cheaper Medicines Act Progressing Slowly

December 2009 | Industry Trend Analysis

Bureaucracy and a lack of funding are hampering the implementation of the Universally Accessible Cheaper and Quality Medicines Act in the Philippines. Only 21 pharmaceuticals have had their prices cut since the legislation was passed in 2008. Although BMI expects additional medicines to be included in the scheme during 2010, progress will be slow, mainly due to a lack of engagement from

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