Philippine drug regulators are hoping pharmaceutical giants will make good on their word to make profit less of a priority while assuring wider access to their COVID-19 vaccines.
Price cap on 87 medicines to be implemented on May 18.
An order by President Rodrigo Duterte to limit the cost of several medicines could raise the retail prices of generic drugs, a pharmaceutical group said Wednesday.
Millions of Filipinos can now spend less for their health after President Duterte issued an executive order setting a price cap on certain drugs and medicines.
Duque thanks Duterte for backing cap on medicine prices.