The Advisory Council for Price Regulation is a multi-sectoral organization with members consisting of representatives from the government and public sector, from the DOH-attached agencies, other government agencies, developmental partners, hospitals, private organizations medical societies, academe and the civil societies.
Complete list of the advisory members DPO No. 2009-5171
1. Gives advice to the Secretary of Health.
2. Assists the government in the implementation of guidelines as created.
3. Promotes transparency in the drug price regulation system process including the system for implementing the Maximum Drug Retail Price Policy (MDRP) and the Government-Mediated Access Price (G-MAP).
The council has been an arm of the DOH in the implementation of its guidelines. On July 08, 2009, Her Excellency-President Gloria Macapagal-Arroyo directed pharmaceutical companies to voluntarily reduce prices of their medicines. The council made recommendation to the Secretary of Health by creating agreements through a series of consultations with pharmaceutical companies in line with the implementation of the voluntary reductions. On July 24, 2009 the ADVISORY COUNCIL RESOLUTION 2009-001 ENTITLED IMPLEMENTING THE VOLUNTARY PRICE REDUCTION FOR ATLEAST 16 MOLECULES OR (41 DRUG PREPARATIONS) was approved and signed by Secretary Francisco T. Duque III, MD. MSc.
Drugs & Medicines Price Regulation Chapter 3. Section 18. “Drugs and Medicine Price Monitoring and Regulation Authority of the Secretary of the Department of Health”-To implement the policies of this Act under this Chapter, the Secretary of the Department of Health is hereby authorized to establish and initiate a price monitoring and regulation system for drugs and medicines within one hundred twenty (1200 days after the enactment of this Act. The Secretary of the department of Health may also create such bodies, consultative councils, from which the advice may be sought in the implementation of a drug or medicine price monitoring and regulation policy. Such bodies or consultative councils created of the Secretary of the Department of Health shall coordinate its effort together with other government agencies.