Newsmaker: Cheaper Medicines in the Philippines

The Cheaper Medicines Bill was passed by the House of Representatives in December 2007. And after four months of discussions in bicameral(Senate and House) committee, it now finally ready to be ratified by Congress. Then it will be signed into law by President Arroyo before May 1.

The long delay was caused by the stand-off between the Senate and the House contingents in the committee. The Senate members, led by Sen Mar Roxas, wanted to change two things in the bill:

  1. the removal of the generic-only prescription, wherein doctors were only allowed to write the generic name of the drug in their prescriptions - no brand names
  2. the creation of the drug price regulatory board which would allow the government to dictate the prices of medicines.

In the end, the committee had to reach a decision. They agreed on allowing  doctors to continue to prescribe branded drugs. And for the second part of the stand-off, their compromise was that the drugs sold in pharmacies all over the country will have a ceiling price as mandated by a regulatory board and approved by the President.

We really hope that this new law will help give us cheaper, but good-quality, medicines. Data shows that we have the second highest prices of medicines in Asia, second only to Japan and that the prices of medicines here are 18 times more expensive than in Canada.



Quote of the Day: Andre Agassi

Our quote today comes from Andre Agassi who turns 38 today. He dropped out of school and turned pro at 16. In his 20-year tennis career, he won 60 singles titles, eight Grand Slam crowns and an Olympic gold medal.

“Nothing can substitute for just plain hard work. I had to put in the time to get back. And it was a grind. It meant training and sweating every day. But I was completely committed to working out to prove to myself that I still could do it.” — Andre Agassi



Life is Fun: World Dance Day

Today is the 26th annual celebration of World Dance Day. It is organized by the International Dance Council (CID) and it aims to focus the public’s attention on the art of dance. Dance Day events may include special performances, open-door courses, public rehearsals, lectures, exhibitions, articles in newspapers and magazines, dance evenings, radio and TV programs, visits, street shows, etc. Here’s a little story about a dancing duck:

A circus owner walked into a bar to see everyone crowded about a table watching a little show. On the table was an upside down pot and a duck tap dancing on it. The circus owner was so impressed that he offered to buy the duck from its owner. After some wheeling and dealing, they settled for $10,000 for the duck and the pot.

Three days later the circus owner runs back to the bar in anger, “Your duck is a ripoff! I put him on the pot before a whole audience, and he didn’t dance a single step!”

“So?” asked the ducks former owner, “did you remember to light the candle under the pot?”

The Power of the Word

Your right hand saves me, O Lord. - Psalm 138


 

 

 

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About this post:

This is the daily post of Lester Galvez Cavestany entitled Perlas. The information here is presented to you in bite-sized servings so that it’s quick and fun to read. It has four parts:  1) Quote of the Day contains history, quotes and biography tidbits; 2) Life is Fun aims to give you a healthy dose of medicinal laughter; 3) Newsmaker is the author’s take on news and views that matter to you; 4) And lucky last, we have The Power of the Word which can serve as your daily spiritual bread.  

If you enjoyed reading this post, come back to this site every day and be sure to share Perlas with your friends.

 

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References:

Newsmaker:

http://newsinfo.inquirer.net/breakingnews/nation/view_article.php?article_id=133167

http://www.bayanihan.org/article.php/20071218180738215

Quote of the Day:

http://www.oprah.com/tows/slide/200709/20070904/slide_20070904_350_107.jhtml

http://thinkexist.com/quotes/andre_agassi/

Life is Fun:

http://www.cid-unesco.org/html/cid_danceday.htm

http://www.ahajokes.com/bar011.html

The Power of the Word:

http://www.nccbuscc.org/nab/readings/042908.shtml

 

 

Visit www.filipinovoices.com for more socio-political blogs.

 

 

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