DOH assures drug companies of ‘reasonable’ price cap on medicines

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The Department of Health (DOH) assured the pharmaceutical companies that it will be

Health Undersecretary Rolando Enrique Domingo

[We are looking at a reasonable price. We know that it is still a business and they spend for the development but the mark-up should be reasonable.] “Ang ginagawa po kasi natin, inaaral po natin yung presyo dito sa Pilipinas compared sa ibang presyo sa ibang bansa lalo na po yung mga bansa na similar po ang population sa atin at similar economic status. Ang nakakagulat po kasi yung ibang mga kompanya eh mas mahal pa ang benta sa atin kaysa sa benta sa Australia, sa Canada, ito pong bansang mayayaman,” said Domingo.

“Kaya yun lang naman, gusto lang namin maging patas” [That is why. We just want to be fair], Domingo added.

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