2 months Price caps for essential medicines eyed MB
By Bernie Cahiles-Magkilat  The government is bent on implementing maximum retail price (MRP) on essential drugs and medicines to ensure accessibility and affordability, especially to the marginalized and disadvantaged population as prices of medicines, even generic drugs, have remained excessively expensive. Department of Health (MANILA BULLETIN) A draft administrative order (AO) on the guidelines for the implementation of the MRP is being presented for public hearing by an inter-agency committee led by the Department of Health and the Department of Trade and Industry. Also invited were consumer groups. The Universally Accessible Quality and Cheaper Medicines Act recognizes mandatory price cuts ... more