Wednesday, January 20, 2010

Loren on cheaper medicine act





CHEAPER MEDICINE ACT

The government must exercise political will to fully implement the purposes and provisions of the Cheaper Medicines Act. While the drug corporations have submitted a list of the medicines they propose should be covered by the law, the government must not necessarily be governed by such list, but should decide in the greater interest of the consumers, who are ill and mostly poor.
We should not allow the drug companies to interpret the law for us, because they would do so in their own favor. For so long they have exploited our people by charging excessive prices for their medicines sold in this country, even while they are priced much lower in other countries. The President must go ahead with the executive order setting the maximum prices for such medicines as determined by the law.
Medicines are essential items necessary for life itself. While the drug companies are entitled profit, including reserves for research, they should be reasonable and not exploitative.

LOREN LEGARDA

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