- FDA endorses 20 more medicines for cancer, hypertension, and mental illness to be exempted from VAT
- List includes drugs for cancer such as Sonidegib, Pemetrexed, Asciminib, Palbociclib, Cabazitaxel, and Entrectinib
- Hypertension medicines like Losartan Potassium + Amlodipine and Irbesartan + Amlodipine also exempted
- Cariprazine capsules for mental illnesses also exempted
- FDA wrote a letter to BIR Commissioner endorsing the drugs
- BIR also exempted 21 medicines for various illnesses from VAT
- Health Secretary Ted Herbosa welcomed the development as beneficial for those suffering from illnesses
Source: gmanetwork.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
