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Philippines Pharmaceutical Imports Quiz
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Philippines Pharmaceutical Imports Quiz

Created by
@BrainiestMorningGlory

Questions and Answers

What percentage of total pharmaceutical exports of the Philippines did imports account for in 2021?

  • 70-80% (correct)
  • 50-60%
  • 30-40%
  • 90-100%

    • What was the export value of pharmaceuticals from the Philippines in 2021?

  • EUR10.5 million
  • EUR43.8 million (correct)
  • EUR1.9 billion
  • EUR1.16 billion

    • Which of these countries was NOT listed as one of the top suppliers of pharmaceuticals to the Philippines?

  • USA
  • Germany
  • Japan (correct)
  • Belgium

    • What significant event primarily influenced the increase in import value of pharmaceuticals in 2021?

    <p>The importation of Covid-19 vaccines</p> Signup and view all the answers

    What was the CAGR for export value growth of pharmaceuticals from the Philippines over the last 5 years?

    <p>41.3%</p> Signup and view all the answers

    Which market accounted for the highest share of pharmaceutical exports from the Philippines in 2021?

    <p>Singapore</p> Signup and view all the answers

    During which years did export value of wadding, gauze, bandages, and similar products grow significantly?

    <p>2017 - 2021</p> Signup and view all the answers

    How much did the export value for wadding, gauze, and bandages reach in 2021?

    <p>EUR10.5 million</p> Signup and view all the answers

    What is the first step in the application process for a license to operate (LTO)?

    <p>Filing of applications</p> Signup and view all the answers

    What triggers a notification to the applicant during the LTO evaluation step?

    <p>Clarification needed on the application</p> Signup and view all the answers

    Under what condition may the pre-opening inspection for some establishments be waived?

    <p>If all necessary requirements are complied with</p> Signup and view all the answers

    How long does the processing of LTO take for distributors, importers, and retailers?

    <p>30 calendar days</p> Signup and view all the answers

    What is the role of the Center for Drug Regulation & Research (CDRR) under the FDA?

    <p>Regulating licensing and accreditation of pharmaceutical establishments</p> Signup and view all the answers

    What happens after the approval and issuance of the LTP?

    <p>The establishment undergoes post-approval inspection</p> Signup and view all the answers

    What is required before applying for a Certificate of Product Registration (CPR) in the Philippines?

    <p>Obtaining a License to Operate (LTO)</p> Signup and view all the answers

    What is the total estimated time for the complete licensing process through e-LTO?

    <p>90 days</p> Signup and view all the answers

    Which of the following entities is responsible for the regulation of health products in the Philippines?

    <p>Food and Drug Administration (FDA)</p> Signup and view all the answers

    What does the ASEAN common technical dossier pertain to?

    <p>Registration of pharmaceutical products for human use</p> Signup and view all the answers

    What does the FDA monitor to ensure compliance with quality standards?

    <p>Pharmaceutical claims and promotions</p> Signup and view all the answers

    What is a common reason the licensing process for retail can extend up to 6 months?

    <p>Bureaucratic inefficiency within the FDA</p> Signup and view all the answers

    Which of the following activities requires entities to have a License to Operate (LTO)?

    <p>Manufacturing cosmetic products</p> Signup and view all the answers

    What is the function of the FDA's regional field offices?

    <p>Implementing local regulatory compliance</p> Signup and view all the answers

    What must entities obtain for each pharmaceutical product they wish to market in the Philippines?

    <p>Certificate of Product Registration (CPR)</p> Signup and view all the answers

    Which statement best describes the Total Household Final Consumption Expenditure?

    <p>It encompasses various expenditure categories including utility and health.</p> Signup and view all the answers

    Which country is expected to see a significant increase in generic medicine consumption by 2025?

    <p>Philippines</p> Signup and view all the answers

    What trend has been observed in the Philippine population's attitude toward health and wellness post-COVID-19?

    <p>Heightened focus on personal self-care</p> Signup and view all the answers

    Which of the following diseases has a high incidence in the Philippines according to health statistics?

    <p>Hypertension</p> Signup and view all the answers

    Which regions contribute the highest percentage of recorded diseases in the Philippines?

    <p>National Capital Region, Ilocos Region, and Eastern Visayas</p> Signup and view all the answers

    What is a significant concern raised by industry actors regarding the pharmaceutical sector in the Philippines?

    <p>Decrease in the number of manufacturers</p> Signup and view all the answers

    What is the common consumer trend in the Philippines regarding medication choices?

    <p>Higher demand for generic medicines</p> Signup and view all the answers

    Which of the following countries is NOT mentioned as a notable importer of pharmaceuticals?

    <p>Canada</p> Signup and view all the answers

    What significant change has occurred in the manufacturing landscape of the Philippine pharmaceutical industry?

    <p>Fewer local manufacturing facilities</p> Signup and view all the answers

    Which country conducted the most clinical trials in ASEAN in 2019?

    <p>Thailand</p> Signup and view all the answers

    Which of the following companies is NOT listed as a multinational corporation in the Philippine pharmaceutical industry?

    <p>Pascual Laboratories</p> Signup and view all the answers

    What is the primary focus of local pharmaceutical companies in the Philippines?

    <p>Manufacturing and distributing for themselves and others</p> Signup and view all the answers

    In what year did the Philippines rank 4th among ASEAN countries for clinical trials conducted?

    <p>2019</p> Signup and view all the answers

    Which of the following is a characteristic of toll manufacturers in the Philippine pharmaceutical industry?

    <p>They are contracted to manufacture and repackage drug products</p> Signup and view all the answers

    Among the following companies, which one is known for its toll manufacturing services in the Philippines?

    <p>Hizon Laboratories</p> Signup and view all the answers

    Which company is listed as a major player in the Philippines, known for manufacturing its own brands?

    <p>Pascual Laboratories</p> Signup and view all the answers

    Which of the following correctly describes the status of multinational corporations in the Philippine pharmaceutical industry?

    <p>They dominate the market through marketing and distribution of finished products.</p> Signup and view all the answers

    Study Notes

    Pharmaceuticals in the Philippines (2021 Overview)

    • Import value constituted over 70-80% of total pharmaceutical exports, primarily due to Covid-19 vaccine importation.
    • Import value of pharmaceuticals grew nearly sevenfold from the previous year, reaching EUR 1.9 billion.
    • Export value for pharmaceuticals was recorded at EUR 43.8 million, indicating a disparity between imports and exports.
    • Export value for medicaments (retail sale form) reached EUR 10.5 million in 2021, with significant growth from 2017 to 2021 at a CAGR of 41.3%.

    Top Import and Export Markets

    • Major suppliers of pharmaceuticals to the Philippines include the USA, China, Germany, India, and Belgium.
    • Key export destinations for Philippine pharmaceuticals are Asian markets: Singapore (23%), Thailand (37%), Japan (15%), and India (12%).

    Regulatory Environment

    • The Food and Drug Administration (FDA) under the Department of Health (DOH) regulates health products including pharmaceuticals.
    • FDA responsibilities include licensing, accreditation, market assessments, post-marketing surveillance, and quality monitoring.
    • A License to Operate (LTO) and a Certificate of Product Registration (CPR) are required for manufacturers and importers of pharmaceuticals in the Philippines.

    Licensing Process

    • LTO applications require filing, evaluation, and inspection, which can take up to 6 months for retail level approval.
    • The electronic licensing process (e-LTO) introduced in September 2016 streamlines the process to about 90 calendar days.
    • Post-licensing inspections ensure ongoing compliance with standards.
    • There is a growing demand for generic medicines due to high medicine costs; the generic segment is projected to comprise 64% of the retail sector by 2025.
    • A shift in consumer attitudes towards health and wellness, influenced by the Covid-19 pandemic, is driving changes in purchasing habits.

    Common Health Issues and Regional Concentrations

    • Acute respiratory infections, hypertension, and pneumonia are prevalent conditions driving medicine demand.
    • The National Capital Region, Ilocos Region, and Eastern Visayas are the highest contributors to disease cases.

    Market Dynamics

    • The Philippine pharmaceutical market is becoming more concentrated with fewer local manufacturers.
    • The regulatory environment allows foreign firms to operate without establishing local manufacturing plants.
    • Manila is a preferred destination for clinical trials, ranked 4th in ASEAN based on clinical trial numbers.

    Major Players in the Industry

    • Multinational corporations dominate the market, including GlaxoSmithKline, Pfizer, and Sanofi-Aventis.
    • Local manufacturers like United Laboratories and Pascual Laboratories have diverse roles, producing medicines for various distribution channels, including contract manufacturing.
    • Toll manufacturers in the country provide specific production services for drug traders, enhancing the supply chain.

    Summary

    • The pharmaceutical sector in the Philippines is heavily reliant on imports, with a shifting focus towards generics and regulatory compliance driving market changes amid increasing health awareness among consumers.

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    Description

    Test your knowledge on the import and export dynamics of pharmaceuticals in the Philippines in 2021. Explore statistics regarding the significant growth in import values, particularly relating to Covid-19 vaccines and their impact on the market.

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