Oxfam urges cancellation of Pfizer’s patent on hypertension drug

MANILA, Philippines — International agency, Oxfam urges the Intellectual Property Office
(IPO) to cancel the patent of Pfizer on anti-hypertension drug,
Norvasc in the Philippines following the recent decision of the US
Court of Appeals nullifying the patent granted to Pfizer for
amlodipine besylate, Norvasc’s active ingredient.
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Philippines’s Economic Growth At Par With Asian Countries: NEDA Chief

MANILA — Socioeconomic Planning Secretary Romulo L. Neri said that the Philippines is growing at a respectable rate compared with its Asian neighbors, and not losing out to the economies of Vietnam, Cambodia, Laos, and Bangladesh as claimed by a May 4 advertisement in a daily newspaper.

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Philippines’s Economic Growth At Par With Asian Countries: NEDA Chief

MANILA — Socioeconomic Planning Secretary Romulo L. Neri said that the Philippines is growing at a respectable rate compared with its Asian neighbors, and not losing out to the economies of Vietnam, Cambodia, Laos, and Bangladesh as claimed by a May 4 advertisement in a daily newspaper.

(more…)

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Strengthening Philippines Peso to Attract More Investments: TU

MANILA — Team Unity senatorial bets are bullish that the steady rise of the peso, which has just hit a new six-year high of P47.455 per $1, will spell greater social payback for the masa and enable the government to save more from servicing its debts and thereby have more funds for its infrastructure and socio-economic projects.

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Philippines: TU Wants Strict Penalty for Water Polluters

Team Unity senatorial candidates will support the passage of new legislation imposing stricter penalties on polluters of water sources.

Senatorial candidates Edgardo Angara, Michael Defensor, Cesar Montano, Tessie Aquino-Oreta, Luis “Chavit” Singson, and Vicente “Tito” Sotto III said there is a need to pass laws that would deter the pollution of the diminishing water sources in the Philippines.

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