Philippines: Pharmaceutical Market

1
Philippines Pharmaceutical Market

• U.S. Commercial Service
• U.S. Embassy Manila, Philippines

www.buyusa.gov/philippines
2
Market Size

• Total Market US849 million
• Total Imports US472 million
• Total Exports US31 million
• Local Production US408 million
• Total Market Local Production Imports
  Exports
• The above are 2006 estimated data

3
Competition

• Top Players in 2005 and their market shares
• Switzerland 15
• Australia 11
• France 11
• Germany 10
• U.S. 6

4
Best Sales Prospects

• Medicines that combat hypertension, respiratory
  and cardiac ailments
• Heparin and its salts, as well as other
  human/animal substances prepared for the
  therapeutic or prophylactic uses
• Vaccines for veterinary medicine
• Human/animal blood for therapeutic /anti
  allergenic preparations, toxins, cultures of
  microorganisms, and similar products (excluding
  yeast)
• Medicaments containing adrenal cortex hormones
  (but not containing antibiotics)

5
Market Entry

• Appoint distributor with access to retail outlets
  (drugstores) and hospitals and doctors clinics
• Compute duties Tariff Rates Value-Added Tax
  (VAT) 3-7 tariff duty and a 12 value-added tax
• Note the Bureau of Food and Drugs Requirements
  for pharmaceutical products http//www.bfad.gov
  .ph/regulated20products.htm

6
Government Contacts

• Dr. Francisco T. Duque, Secretary
• Department of Health (DOH)
• San Lazaro Hospital Compound
• Rizal Avenue, Sta. Cruz, Manila
• Phones [phone] to 23 / Fax (632) (632)
  743-1829
• E-mail ftduque_at_co.doh.gov.ph
• Website www.doh.gov.ph
•  
• Professor Leticia Barbara B. Gutierrez, Director
• Bureau of Food and Drugs (BFAD)
• DOH Compound, Civic Drive Filinvest Corporate
  City
• Alabang, Muntinlupa, Metro Manila
• Phones [phone] 807-0726 / Fax (632)
  807-0751
• E-mail lbgutierrez_at_bfad.gov.ph
• Website www.bfad.gov.ph
•  

7

Thank you See you in the Philippines!
Judy Reinke Judy.Reinke_at_mail.doc.gov Commercial
Counselor
Dey Robles Dey.Robles_at_mail.doc.gov Commercial
Specialist
U.S. Commercial Service U.S. Embassy Manila,
Philippines