People's Journal

People's Journal

Pharma a P200-B industry by 2022

The Philippine pharmaceutical sector is expected to grow into a PHP198.9-billion industry by the year 2022 from its current value of PHP162.3 billion, a unit of Fitch Group forecasted.

BMI Research reported Monday that its optimism is founded on the country's growing and ageing population, improving access to healthcare, and rise of chronic diseases due to changing lifestyles and urbanization.

It added that the better business climate in the country encourages multinational pharmaceutical firms to operate here. Global pharmaceutical companies that are operating in the country include Pfizer, Novartis, Sanofi, GlaxoSmithKline, and Roche. The think tank also noted that the Philippines continues to be the fourth largest pharmaceutical market in ASEAN, next to Indonesia, Vietnam, and Thailand.

However, BMI Research said the proliferation of counterfeit medicines in the local market remains a key risk. The report said high local demand for low-value medications is driving the operations of fake drugmakers and distributors in the country.

“We believe that counterfeit drugmakers and suppliers will continue to distribute and manufacture medicines in the country as long as low-value medications are in demand as affordable yet authentic medicines are hard to find in the Philippines,” the Fitch Group unit said.

Data from the World Health Organization showed that one in 10 medical products in low- and middle-income countries like the Philippines is substandard or fake.

BMI Research cited the local Food and Drug Administration (FDA) for seizing some PHP5.9 million worth of fake medicines, mostly coming from China, India, and Pakistan. It added that in January 2017 alone, the FDA seized PHP3-million fake over-the-counter and anti-impotence drugs in a hospital in Manila.

Meanwhile, BMI Research also acknowledged that the Duterte administration's tough stance against importers and producers of fake medicines as well as increasing consumer awareness, are the key factors supporting the growth of the pharmaceutical industry.

DTI seeks P300M for Boracay biz

Trade and Industry Secretary Ramon Lopez said Monday that the agency will be seeking PHP300 million from government’s Boracay rehabilitatation fund to assist small-scale enterprises that will be affected by the tourist trap's planned 6-month closure.

He added that Department of Trade and Industry's (DTI) initiatives for stakeholders in Boracay include assisting them to locate their businesses into other areas. He said the DTI is also looking into partnering with mall operators to host products from Boracay like souvenirs.

The DTI chief said the PHP300-million allocation will come from the PHP2-billion calamity fund that will be diverted for Boracay rehabilitation.

Moreover, Lopez said that apart from the PHP300 million from the Boracay rehabilitation fund, DTI will also offer its microfinance program Pondo para sa Pagbabago at Pag-asenso (P3) to businesses in the island.

Lopez added the agency can offer zero-interest rate loan under the P3 Program.

Tom kahit ‘perfect’ daw si Carla 'di pa rin niya ito pakakasalan

SA tingin ni Tom Rodriguez, si Carla Abella na ang babaing “perfect” sa kanya. Almost five years na rin ang kanilang relasyon, kaya nasabi ito ni Tom kamakailan sa isang intimate interview para sa bagong evening primetime soap nila ni Jennylyn Mercado, ang The Cure na magsisimula sa April 30 sa evening primetime ng GMA7.

Pero kahit natagpuan na ni Tom si Carla bilang perpektong babae na matagal niyang hinahanap, wala pa rin silang planong pakasal. Mas nakatuon silang dalawa sa kani-kanilang acting career. Bukod sa television, gumagawa pa rin sila ng pelikula.

Palagay ni Tom, kaya sila bagay ay dahil pareho nilang nauunawaan ang isa’t isa. Nagtutulungan sila sa lahat ng bagay. Faithful sa kanilang pagmamahalan.

Michael V sobrang excited sa pagmi-meet nila ni Robert Downey Jr.

ANG daming nainggit at natuwa sa nangyari kay Lip Sync Battle Philippines host, Bubble Gang at Pepito Manaloto star na si Michael V nang minsan siyang magpunta ng Singapore para um-attend ng isang event para sa Hollywood movie na Avengers: Infinity War kamakailan.

Paano ba naman, hindi lang niya nakilala ang mga bida nitong sina Robert Downey Jr. at Benedict Cumberbatch kundi nabigyan pa siya ng pagkakataon na ibigay ang sketch na ginawa niya para sa kanila.

Sa kanyang Instagram posts, masaya ang Bubble Gang star na ibahagi sa kanyang followers ang naganap na encounter niya with his idols. Aniya, “Panoorin n’yo ‘yung Instagram Stories ni @robertdowneyjr dito sa Singapore! NA-MEET KO S’YA IN PERSON!” Ikaw na, Bitoy.

Belladonnas member Quinn Carrillo, intelektwal na pang-showbiz

HUMANGA kami kay Quinn Carrillo na isa sa mga inilunsad na member ng grupong Belladonnas. Morena beauty ito na consistent honor student mula elementary at nung highschool ay nakamit niya ang 4th honorable mention sa St. Joseph College in Tandang Sora, Commonwealth, Quezon City. Ngayo’y 4th year college sa kursong Electronic Engineering sa TIP Manila ang 20- year-old daughter ni Lhen Carillo, manager of Clique V and Belladonnas.

Simula nung bata pa'y dumadaan na siya ng singing at dancing workshops at ang huli’y acting naman under PETA theater group.

Ani Quinn: “Inihahanda na ako ng mommy ko para sa dalawang indie films na gagawin namin. Ang isa, titled Patintero, ay ididirek ni Carlo Obispo, ang director ng Purok Siyete ng Cinemalaya at ang indie film na One Two Three.

Bata pa si Quinn, paborito na niya si Angel Locsin. Sa actor naman ay hanga siya kay Jericho Rosales.

Patuloy ni Quinn: “Paborito ko naman sa mga young actor si Ruru Madrid. Bukod sa guwapo, magaling umarte. Napapanood ko siya sa Sherlock Jr.”

  • Published in Showbiz

Foreigners in pro-gov’t rallies will be deported

MALACAÑANG yesterday made it clear foreigners who will join pro-government rallies will also be deported but denied there is a crackdown on foreign activists like Australian missionary Sister Patricia Fox who was briefly detained by the Bureau of Immigration.

Presidential spokesperson Harry Roque said the Bureau of Immigration (BI) order banning partisan political activity by foreigners does not distinguish whether one is a supporter or a critic.

“That would still be applied [to foreigners joining pro-government rallies] because it does not distinguish. The law does not distinguish [and] enforcement agencies should not. As I said it might seem harsh but such is the law,” Roque said at a press briefing.

“Wala pong crackdown. ‘Yan lang po ang batas,” he said.

On Monday, immigration agents arrested the 71-year-old Fox at her home in Quezon City for alleged “illegal political activities” in the country. She was released after her lawyer presented a valid missionary visa and her passport.

On Wednesday, President Rodrigo Duterte admitted that it was he who ordered Fox investigated for supposedly disorderly conduct.

Fox has been in the country for 26 years, working with groups looking after the interests of peasants and indigenous peoples.

Duterte said that it was up to him—not Congress nor the Supreme Court—who would be allowed into the country and who would be made to leave.

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