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P15-M civil suit filed vs multinational drug firms 10/06/2011

Thursday, October 6, 2011

P15-M civil suit filed vs multinational drug firms

10/06/2011
A local-based licensed pharmaceutical drug distributor and importer has filed a P15- million civil suit against three multinational pharmaceutical companies for “malicious prosecution.”

Named in the complaint of Sahar Pharma were Pfizer Philippines, GlaxoSmithKline Philippines and Roche Philippines.

The complaint was described as “a landmark case” as it would further the government’s agenda in encouraging competition and cheaper medicines.

The law office of former Supreme Court Associate Justice Santiago Kapunan and lawyer-educator Adel Tamano serves as Sahar Pharma’s legal counsel in the suit.

The multinationals had previously filed a case against Sahar on the legality of parallel importation of drugs, but was dismissed by the Department of Justice, the Court of Appeals and the Supreme Court (SC)..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/metro/20111006met5.html

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