What is the purpose of RA 8203?
An Act Prohibiting Counterfeit Drugs Providing Penalties for Violations and Appropriating Funds Therefor.
What is the importance of the Cheaper Medicine Act or RA 9502?
GENERAL PROVISIONS — It is the policy of the State to protect public health and, when the public interest or circumstances of extreme urgency so require, it shall adopt appropriate measures to promote and ensure access to affordable quality drugs and medicines for all.
What Law is applicable to counterfeiting?
Although counterfeiting itself is generally recognized as a felony requiring imprisonment, less severe penalties are generally reserved for the mere participation in counterfeiting, the possession of counterfeiting equipment, the passing of false money, or the possession of such money.
Who signed the special Law on counterfeit drugs?
8203, otherwise known as the “Special Law on Counterfeit Drugs.” NOW, THEREFORE, I, GLORIA MACAPAGAL-ARROYO, President of the Republic of the Philippines, by virtue of the powers vested in me by law, do hereby declare: SECTION 1.
What is the government agency authorized to administer and supervise the implementation of RA 8203?
Implementation. – The Bureau of Food and Drugs of the Department of Health is hereby authorized to administer and supervise the implementation of this Act.
What is the meaning of counterfeit goods?
Counterfeiting is the manufacture, import, export, distribution, and sale of consumer goods that are not genuine but are designed and branded to look identical to the authentic products in order to deceive consumers into believing that they are authentic.
What is the title of RA 9502?
Short Title. — This Act shall be known as the “Universally Accessible Cheaper and Quality Medicines Act of 2008”.
Why is it important for the government to prevent counterfeiting?
Having counterfeit money in circulation is harmful on the economy. It can devalue our dollar, which has national and international effects. It also forces law enforcement to put more government money and manpower behind anti-counterfeit taskforces.
What is counterfeiting explain?
Counterfeiting is the act of illegally creating facsimiles of a product, document, or currency. In general, counterfeiters are accused of creating these fake items at a low cost and selling them at a high value in order to make a profit.
How can you tell counterfeit drugs Philippines?
The physical signs serve as the quickest markers. These include the color, size, weight, and design of both the drug and its packaging. It is also essential to examine the appearance of the foil and other parts of the packaging such as logo, lot/batch number, expiration date, and security features such as a hologram.
What is the law applicable in the labeling of drugs?
6675, or otherwise known as the Generics Act of 1988, provides that any organization or company involved in the manufacture, importation, repacking, marketing and/or distribution of drugs and medicines shall indicate prominently the generic name of the product.
What are the benefits of counterfeit?
Counterfeits allow consumers to buy prestige only at a lower price as opposed to buying quality at a high price. Higher social status is a main goal that consumers pursue from counterfeits; they want to demonstrate who they want to be. Accordingly, the primary benefit of counterfeits is symbolic rather than functional.
What is the purpose of implementing rules and regulations?
Purpose. This implementing Rules and Regulations (IRR) is promulgated to prescribe the procedures and guidelines for the implementation of Republic Act No. 10524 to facilitate compliance and achieve its objectives.
What are the main points of intellectual property Code of the Philippines?
The important provisions of the IP Code of the Philippines include among others (1) laws on patents, (2) laws on trademarks, service marks and trade names, and (3) laws on copyright. The Law on Patents (Part II). The salient provisions under law of patents stipulate the patentable inventions and the right to a patent.
What are the reasons behind counterfeiting?
The growth of free trade zones: Another factor behind the growth of counterfeiting worldwide is the rise of free trade zones in different parts of the world. Free trade zones provide tax advantages and other exemptions which helps to boost the economy of the host country.
How can we prevent counterfeit drugs?
Companies that manufacture and sell drugs should also take steps to protect their individual products as well as their brands. Using a product protection tool that allows for instant label scanning for fast and easy authentication is one way to implement pharmaceutical anti-counterfeiting tactics.
What are the causes of fake drugs?
Some of the major causes of widespread drug counterfeiting include corruption, inadequate technology for protection of the identity of genuine drugs as well as lack of political will including lack of vigilance and advocacy by the healthcare providers.
What is the FDA and its purpose?
The Food and Drug Administration is responsible for protecting the public health by ensuring the safety, efficacy, and security of human and veterinary drugs, biological products, and medical devices; and by ensuring the safety of our nation’s food supply, cosmetics, and products that emit radiation.