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January 26, 2022 - Wednesday
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Davao City, Philippines

Bong Go lauds PRRD for imposing maximum retail price on 71 drug formulas

December 08, 2021 - Wednesday 11:12 AM by GDM

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Senator Christopher “Bong” Go commended President Rodrigo Duterte for signing an executive order which imposes a Maximum Retail Price (MRP) and/or Maximum Wholesale Price (MWP) on 71 drug formulas, following EO No. 104 earlier signed by the President on February 17, 2020.

“Nagpapasalamat po ako sa ating mahal na Pangulo sa pag-apruba ng ating rekomendasyon na paigtingin pa lalo ang access ng mga Pilipino sa murang gamot lalo na ngayong may pandemya,” said Go.

“Patuloy po tayong magtatrabaho para maging mas mabilis, maayos at maaasahan ang serbisyong pang-medikal sa ating bansa,” he added.

Newly signed EO No. 155 provides for price regulation through the imposition of MRP and MWP on the remaining drugs and medicines under EO No. 104. The drugs covered include those which address chronic disorders such as cardiovascular disease, diabetes, hypertension, cancer, and chronic obstructive pulmonary disease, as well as immunosuppressant drugs for Parkinson’s disease, glaucoma and skin concerns, among others.

It also requires every manufacturer, importer, distributor, wholesaler, trader or retailer of the covered drugs or medicines intended for sale to display the retail price.

The MRPs and MWPs will be subject to review by the Department of Health, in consultation with the Department of Trade and Industry, six months after the effectivity of the EO and every six months thereafter.

The DOH, in consultation with relevant government agencies, is also tasked to study and propose measures, including, but not limited to pooled procurement, price negotiation and other mechanisms, which will influence supply, demand and expenditure on drugs and medicines, in accordance with Republic Act No. 9502 or the "Universally Accessible Cheaper and Quality Medicines Act".

Meanwhile, the Presidential Communications Operations Office will assist the DOH in the dissemination of information on the price regulation.

Any violation of the EO will be dealt with in accordance with RA No. 9502 and other related laws. The Secretary of Health is directed to investigate alleged violations of the MRP/MWP, impose administrative fines and penalties, and call upon and deputize government entities for assistance, as may be necessary.

In February 2020, Duterte signed EO No. 104 which regulates the MRP and MWP on “select drugs and medicines totaling 87 drug molecules or 133 drug formulas.”

“Daming nawalan ng trabaho at hanapbuhay. Ngayon pa lang nakakabangon. Kaya malaking bagay ito para sa mga apektadong Pilipino,” said Go.

“Napaka-importante ng buhay ng bawat Pilipino. Gagawin natin ang lahat ng ating makakaya para maproteksyunan ito,” he added. 

The senator assured the public that he and President Duterte will continue to serve and protect the welfare and interest of Filipinos, especially the most vulnerable sectors of society and the future generations. 

“Rest assured kami po ni Pangulong Duterte, kapakanan at interes po ng bawat Pilipino ang uunahin natin dito lalo na at may banta pa ng pandemya,” Go said.

“Gusto naming hindi na maging problema ang pagpapagamot ng mga mahihirap. Gusto naming mabigyan ng magandang kinabukasan ang susunod na henerasyon habang unti-unting bumabangon ang ating bansa,” he added.

To further improve Filipinos’ access to quality healthcare, Go also pushes for the establishment of “super hospitals” in every region in the country.

“The more we invest sa ating healthcare system, the better. Dapat po ay maging proactive po tayo. Huwag na tayong maging kumpiyansa. Noong nangyari sa atin, nabigla tayo,” stressed the senator.

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