Philippines removes all roadblocks to parallel imports
Any person or group in the Philippines can now legally import cheaper versions of branded medicines and sell them to the public, following the signing into law by President Gloria Macapagal-Arroyo on June 6 of the long-awaited Universally Acceptable Cheaper and Quality Medicines Act of 2008.The only requirement is that individuals, organisations, retail chains and private hospitals who want to trade in cheap drugs should register with the Bureau of Food and Drugs (BFAD) beforehand, said the bill’s main sponsor, Senator Manuel Roxas.
By Lynne Taylor
08 June 2008