One year after the Universally Accessible Cheaper and Quality Medicines Act of 2008 (Republic Act 9502) was signed into law by Mrs. Gloria Macapagal-Arroyo, medicines are still neither affordable nor accessible.
According to Health Alliance for Democracy (HEAD), this is not surprising since the law is inherently flawed, especially when the more salient provisions like regulation were removed before it was passed.
“The landscape of the pharmaceutical industry has not changed because the law is anchored on deregulation than on regulation, and because the law favors the business sector rather the consumers,” said Dr. Gene Alzona Nisperos, HEAD vice-chairperson.
According to HEAD, the law perpetuated, instead of dismantled, the status quo. As such, the monopolies enjoyed by transnational corporations as well as the practice of monopoly pricing persist.
Showing posts with label Health Alliance for Democracy. Show all posts
Showing posts with label Health Alliance for Democracy. Show all posts
