According to PM Tan Sri Muhyiddin Yassin, Asia should be the one to lead the start of patent protection in order to procure cheaper medicines used to treat critical illnesses such as Covid-19 and HIV/AIDS. As the administration under the US President Joe Biden has intended to support the provisional waiver of intellectual property (IP) protection for Covid-19 vaccine, the …

METRO MANILA: The Department of Health (DOH) on Wednesday confirmed that it has already distributed most of the ₱2.2 billion worth of medicines, supplies that the Commission on Audit flagged as nearing expiration and unused. According to the Commission on Audit, In the 2019 report, DOH has accumulated ₱2.2 billion worth of medicine and supplies which are either unused or …

Global demand for essentials items such as medicine and food has kept the Southeast Asian trade afloats as the region fight the novel coronavirus pandemic and its effects on slowing down the economies around the world. Singapore’s exports, driven by pharmaceuticals, surged to 170%. Japan’s also grew record numbers. Food exports rose 66% overall, increasing almost 10-fold. Exports to the …

According to the Department of Health (DOH) on Tuesday, the new price ceilings that will be imposed on certain medicines in the country in accordance with the Maximum Drug Retail Price (MDRP) have gone through complex review since 2017. The goal, according to Guerrero, is to lower the country’s medicine prices and make them equal to developed countries ‘ prices. …