RA 7581 Price Act Provisions on Drug Price Control

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BFAD BUREAU CIRCULAR NO. 4: RA 7581 Price Act Provisions on Drug Price Control

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Title Supreme Court: RA 7581 Price Act Provisions on Drug Price Control

Law: Bfad Bureau Circular No. 4

Decision Date: Jul 30, 1996

The Price Act mandates automatic price control on essential drugs during emergencies, empowers the Department of Health to monitor and regulate drug prices, and prohibits illegal price manipulation practices such as hoarding and profiteering.

price act

essential drugs

automatic price

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