Posts Tagged ‘Drug’

Accessibility Of Drugs

Thursday, October 15th, 2009

In terms of drugs according to expert this is determined by availability and affordability. Availability refers to the adequacy, assurance and reliability of drug supplies in present and future times. Affordability, meanwhile, pertains to the cost of the drug to be appropriate to the buying capability of the consumers, and should be within the range of the drug’s production and marketing cost. In the study, it was found that 11,000 drugs are registered with the Bureau of Food and Drugs (BFAD) as of June 2006. The Natural Drug Formulary registered 609 drugs in 2005, and 58 of these are not available in the country. moreover, the country imports 95 to 98 percent of its raw component materials from chemical procedures abroad, which means that we are highly dependant on drug importation as our production capability is very minimal. Only 25 percent of all off patent drugs in the NDF are produced by local companies. In terms of distribution, there are 20,649 pharmaceutical-related establishments in the country, in which 75 percent are composed of drug stores, and 23 percent are located in several places around the world. The average drug was also found to be 40 to 200 percent higher than drug prices in other countries.