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What is the role of pharmaceutical companies in our heathcare?

Pharmaceuticals play a crucial role in our healthcare space for several reasons: 1. Treatment of diseases: Pharmaceuticals are essential for treating various diseases and medical conditions. They help alleviate symptoms, manage chronic illnesses, and even cure certain diseases. From antibiotics to antivirals, painkillers to immunosuppressants, pharmaceuticals provide the necessary medications to improve health outcomes and save lives

PH pharma industry seen to hit P216-B in 2024

HEALTH SPENDING. The country’s pharmaceutical industry is expected to grow up to PHP216 billion by 2024.Trade Undersecre... and Board of Investments (BOI) Managing Head Ceferino Rodolfo said Tuesday (April 19, 2022) that health expenditure is on the rise, with consumer health spending growth averaging 11 percent in the last three years.

Philippine medical device market to grow 9% by 2024: Fitch

It will benefit from a strong economic performance over the next five years. Despite ongoing hardships due to COVID-19 this year, the medical device market in the Philippines is expected to see a compound annual growth rate of 9% in peso terms or 8.8% in US dollar terms and rise to $884.3m by end-2024, reports Fitch Solutions we near the end of the first quarter of the 21st cen…

Gov’t allots P22.98B to improve health facilities nationwide in 2024

MANILA – The government will earmark around PHP22.98 billion for the improvement of the country’s health facilities and services in 2024, the Department of Budget and Management (DBM) said Wednesday

Android phones can now send medical data during 911 calls

Some Android users are getting an update that could literally save their lives one day. Android users who have a device with the Personal Safety app can now opt-in to sharing medical information with first responders when calling or texting 911. The feature h…

20 Things That Made the World a Better Place in 2023

From the falling costs of renewable energy to new treatments for a whole host of diseases, 2023 wasn’t all doom and gloom.

FDA Investigating Whether Wegovy and Similar Drugs Can Cause Hair Loss, Suicidal Thoughts

Wegovy and similar weight loss drugs may cause more side effects than currently recognized. The Food and Drug Administration is now looking into whether these new generation obesity drugs can trigger hair loss, suicide ideation, and food aspiration, based on …

Urine Luck Because Scientists Figured Out Why Pee Is Yellow

Scientists say they’ve finally answered an age-old question: Just why is our pee yellow? In new research, a team found the enzyme produced by gut bacteria that plays a major role in turning our urine mellow. Curiosity aside, the discovery may actually help sc…