NextGen Day

A stockpile of necessary medications should be established, and local pharmaceutical production should be increased, according to President Ferdinand R. Marcos Jr. on Wednesday.

Marcos said this at a gathering of the healthcare sector group of the Private Sector Advisory Council (PSAC) at Malacaan Palace.

“Let’s boost domestic output. We need to be ready because the initial cause of this was the supply issues we had during the lockdowns. The critical medications that the community needs should be produced locally, according to Marcos.

The Department of Health (DOH) and Food and Drug Administration (FDA) responded by announcing that they would work with the private sector to identify drugs that could be produced locally and maximize the capacity of local manufacturers to produce vital drugs, particularly for underprivileged Filipino patients, like anti-tuberculosis medications.

The PSAC announced during the same meeting that it would research the viability of setting up remote diagnostics centers and keep an eye on emerging healthcare technology that can be employed for socially and economically disadvantaged areas.

FDA information systems are becoming digital.

According to the PSAC, the FDA’s information systems will be fully digitalized in August in accordance with the President’s pledge to reduce prescription costs and improve access to medications.

The current rate of global digitalization is 72.5%.

According to the PSAC, the digitization project entails updating 10 Systems, including the electronic certificate of the product registration information system.

The advisory council stated that once one system is digitalized, others, including post-marketing monitoring, certificate of listing of the identical drug product (CLIDP), and new chemical entity renewal, will follow.

Sabin Aboitiz, president, and chief executive officer of Aboitiz Equity Ventures Inc., Paolo Maximo Borromeo, president and executive officer of Ayala Healthcare Holdings Inc., and Fr. Nicanor Austriaco Jr., a molecular biologist who are Filipino-American and a member of the healthcare sector, Dr. Nicanor Montoya, the CEO of Medicard Philippines, Inc., Maria Rosario Vergeire, the DOH official in charge, and J. A third Prospero de Vera.

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