The Philippines, a Southeast Asian country made up of more than 7,000 islands, has a population of over 100 million people -- making it the 12th most populous country. 2013 Philippine GDP growth was among the fastest in Asia, at almost 7%.... Read More
All Filipinos will now be eligible for coverage under the country’s national health insurance scheme, PhilHealth. At the end of June 2013, Filipino President Benigno Aquino III signed a law expanding national healthcare coverage to all Filipinos, including the indigent and those... Read More
Together, the ten countries of the Association of Southeast Asian Nations (ASEAN) have a combined GDP of $2 trillion and a population of more than 600 million. Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Myanmar (Burma), Cambodia, Laos and Vietnam made up... Read More
The forthcoming ASEAN Medical Device Directive (AMDD) will cover harmonization for a Common Submission Dossier Template (CSDT) and will govern requirements of product registration. Read More
On April 22, 2013, The Philippines Food and Drug Administration (FDA) adopted a harmonized Post-Marketing Alert System (PMAS) for unsafe medical devices and other products within the scope of the FDA. Read More
The Philippines' market for pharmaceutical products is growing at its fastest pace in years, at about 13 percent annually. By 2014, experts predict that it will have a value of $4 billion. This would make the drug market in the Philippines almost... Read More
According to a recent report by IMS Research, Asia will soon lead the world in market revenue growth for diagnostic cardiology devices. From now through 2016, revenue from such devices in Asia is set to more than double. World demand will grow... Read More
Of the worlds 371 million people diagnosed with diabetes, nearly 200 million live in Asia. According to the International Diabetes Federation (IDF), those numbers are set to climb dramatically. By 2030, it is estimated that 522 million people worldwide will have diabetes,... Read More
Effective February 1, 2013, medical device and pharmaceutical manufacturers must now submit an electronic copy of the necessary forms in addition to a hard copy when applying for a License to Operate (LTO) and Certificate for Product Registration (CPR). Read More
The Filipino medical device market is worth more than $300 million, and it is set to grow at 9 percent over the next few years. Growth will be driven by increasing healthcare expenditures, medical tourism and a growing private sector. Demand will... Read More