6 companies eye opening vaccine manufacturing hubs in PH: official

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At least 6 companies are planning to establish vaccination manufacturing facilities in the Philippines in the next few years as the country continues its push to become 'vaccine self-reliant,' an official said Thursday.

MANILA - At least 6 companies are planning to establish vaccination manufacturing facilities in the Philippines in the next few years as the country continues its push to become "vaccine self-reliant," an official said Thursday.

"Some of them medyo malinaw na ang gagawin. May mga announcements na gagawin in the next few months," she said, but declined to name specific companies due to non-disclosure agreements. Another firm is planning to "start their local vaccine manufacturing venture with a fill-and-finish facility," she said.

These proposed manufacturing facilities will not just produce COVID-19 jabs but also injectables against rubella, measles, and other vaccine-preventable diseases, she said.The Philippines is willing to give these companies "5 or 6 years of income tax holiday," Guevara said. Congress is also working on the Pandemic Procurement Bill, which will allow the government to buy pandemic-related products from local companies even if it is priced 20 percent higher than foreign-made options, she said.

 

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