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Senate Passes Bill on Cheaper Drugs (Phillipines)

This article was originally published in PharmAsia News

Executive Summary

The Quality Affordable Medicines Act was among the eight bills passed by the Philippines Senate on Nov. 5. Proposed by Sen. Mar Roxas, the bill will make patent laws more liberal in an effort to reduce prescription drug prices. Additionally, the bill will bolster the Generics Drug Act and widen parallel imports of common medicines by the government. The bill is now being considered by the House. "The more time the House and the Senate have to discuss and reconcile the versions of the bill, the more responsive the bill could be [to] our countrymen's health needs, Roxas notes." (Click here for more

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