Philippines Set To Release First Drug Price Caps By March 31
This article was originally published in PharmAsia News
Executive Summary
The list of the Philippines' first caps on drug prices are expected to be made public no later than March. The Department of Health said the new maximum retail-price list was produced largely following the rates of other countries such as India and was scheduled to be released in January. A department official said it was still looking for other drug sources, particularly generics that are widely used in other countries. Major attention is being given to insulin for treating diabetics because the insulin available is made primarily by multinational companies that charge high prices. (Click here for more