Tags: cheaper medicines law

By BENJIE OLIVEROS Analysis Bulatlat.com MANILA — Sen. Mar Roxas is raising hell about the alleged collusion between the Arroyo government and the pharmaceutical industry to delay if not derail the implementation of Republic Act 9502, or the “Universally Accessible Cheaper and Quality Medicines Act of 2008,” which was signed on June 6, 2008. Among…

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.