Where's our cheap medicine?
According to the deputy presidential spokesperson of Malacañang Gary Olivar, “The implications for economic health go beyond just the issue of cheaper medicines at hand”. Well noted, a valid and logical call. But why did we get to this situation of exorbitant medicine prices?. Who made the deal to let these pharmaceutical companies set up shop in the Philippines without setting controls against possible opportunistic business practices?. Will this be a learning lesson to prepare and plan an escape or stop this kind of binding?. Malacañang can and able to implement Martial Law for the right reasons, legally if you may call it. But what will be the basis of malacañang to declare that these multinational drug companies are just robbing the Filipino people of their rights for cheaper medicines. Had the government done their math of how much these multinationals are earning. For sure these companies will still earn with the Cheaper Medicine Act, it will hurt their pockets but they will still earn and earn good. The Philippine government just called their bluff!.
The government is portraying that they are in control. But we can see they are in no position to do anything but to submit to blackmail left and right, defending their decisions that should have been pro Filipino from the start. I don't think thats in control.