An interdisciplinary study on law and economics: The imposition of price control in the pharmaceutical industry in the Philippines

• Main Authors: Gonzalgo, Azenith, Manahan, Danica Rio
• Format: text
• Language: English
• Published: Animo Repository 2008
• Subjects: Commercial Law
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/17731
• Institution: De La Salle University

Most people are concerned with the increasing prices of basic and prime commodities specifically of drug prices in the Philippines. In this regard, proposals of imposition of price control on the pharmaceutical industry have been the focus of recent legislations. The researchers believe that direct price control which the House is proposing may endanger the quality of medicines and negatively affect the pharmaceutical industry in the long run. This study is to prove whether or not the drug regulatory board under the HB 2844 is the solution to effectively lower the drug price.