Expect cheaper medicines now with Maximum Retail Prices in effect

LKI President Victorio Mario Dimagiba said this as he expressed sincere appreciation to President Duterte, Health Secretary Francisco T. Duque III, and the rest of the DOH team members and patient/ consumer groups who did not waver in ensuring that cheaper medicines are accessible to the consumers.

The EO mandates 50 percent reduction on the prices of medicines for top burden diseases such as hypertension, diabetes, breast, colorectal and lung cancers, chronic kidney disease, and asthma/chronic obstructive pulmonary disease . With the MRP, a diabetic patient on daily insulin glulisine spending P818.75 per pre-filled pen can now purchase his medication at P435.18. If he is a senior citizen, the law grants him a mandated 20 percent discount resulting in a final purchase price of P336.14 – almost 60 percent in price deduction.

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