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FDA sets price cap for online selling of essential medical devices

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MANILA, Philippines – The Food and Drug Administration (FDA) on Thursday said it has set a price cap for the selling of essential emergency medicines and devices online amid the growing demand spurred by the increasing novel coronavirus infections in the country.

In an advisory, the FDA said the online selling of any of the specified emergency medical supplies that are beyond the price ceiling set in the Department Memorandum No. 2020-0058 issued by the Department of Health (DOH) are prohibited.

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The agency said the price ceiling shall take effect immediately and shall remain valid “unless otherwise revoked, repealed or rescinded.”

It also directed all its Inspectors and Regulatory Enforcement Unit agents to conduct “exhaustive monitoring” of all online platforms to ensure full compliance of the circular and the price declaration issued by the DOH.

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