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Cheaper medicines proposed in Philippines

Peter Ollier, Hong Kong

Two members of the new Philippines House of Representatives have proposed a bill to amend the country’s IP code to lower drug costs in the country

House Bill Number 1, the first of a newly elected congress, proposed by senators Ferjenel Biron and Jose Lacson, claims in an explanatory note that the Philippines has the highest comparative price for medicines in Asia.

The bill says: “There...

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