Oman–Philippines 3: Strategic Majlis Opens In Manila To Build On Decades Of Migration Ties Through Trade And Investment

Oman and the Philippines are building on people-to-people connections to strengthen cooperation in investment, commerce, and shared growth.

A Winning Journey: From HONOR 600 To Mercedes-Benz EQA

HONOR Philippines turns a promo journey into a winning moment as one fan drives home a brand-new Mercedes-Benz EQA.

Oman To Join Philippine-Hosted Ministerial Meeting Marking 50 Years Of The Treaty Of Amity And Cooperation In Southeast Asia

The Philippine-hosted gathering offers Oman a chance to strengthen political and economic partnerships with Southeast Asian partners.

Deloitte Highlights Resilient Southeast Asia IPO Market In First Half Of 2026

Deloitte reports that Southeast Asia raised USD 3.07 billion from 47 IPOs, reflecting stronger fundraising despite an 11 percent decline in listings.

Hontiveros Urges PH Gov’t To Back Int’l Campaign To Make COVID-19 Vaccine Cheaper

Sen. Hontiveros, naghain ng resolution na sumusuporta sa pagpapaluwag ng intellectual property (IP) agreements upang mas mapadali at mapamura ang pagkuha ng COVID-19 vaccine.

Hontiveros Urges PH Gov’t To Back Int’l Campaign To Make COVID-19 Vaccine Cheaper

45
45

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

Senator Risa Hontiveros has filed a Senate resolution urging Malacañang to support an international campaign to ease intellectual property (IP) agreements to ensure universal access to affordable and effective COVID-19 vaccine.

“In a global pandemic of unprecedented proportion, it is inhumane and unjust to let stringent IP regulations stand in the way of a vaccine that can save lives. We must stand in solidarity with other developing countries in this call so everyone, and not people in just the rich and powerful countries, will have access to COVID-19 vaccines once they become available,” she said.

Hontiveros’ proposed Senate Resolution No. 560 urges the government through the Department of Foreign Affairs (DFA) to support the proposal of India and South Africa for the World Trade Organization (WTO) to suspend the implementation, application and enforcement of relevant provisions under the Trade-Related Aspects of Intellectual Property Rights (TRIPS) for the COVID-19 vaccine. TRIPS seeks to protect IP but has in the past made new medicine and medical technology extremely expensive especially for developing countries, she said.

“Commercial prices of medicine and technology have been have been roadblocks to proper health care many times before. But this is a crisis that has put even the world’s economy to a halt, and will continue to do so if an available vaccine isn’t distributed immediately and strategically,” she said.

Hontiveros added that developing countries are in dire need of funds for social services and essential expenditures for employment, health and education, “but will also need to realign their national budget to procure a vaccine.”

“We have to make sure the trillions we’ve loaned and the billions we’ve put aside from our budget for this vaccine are worth it. Sana masusulit natin ang bawat piso para karamihan kung hindi lahat ng mahihirap natin ay mabibigyan ng bakuna,” she said. “It is crucial that we join this call to seek the support of the international community so even the poorest of the poor will get the protection that we all deserve.”

Hontiveros, who also authored the Cheaper Medicines Act of 2008 (RA 9502), noted that in the Philippines especially, there is a growing movement to limit patent protections for essential medicines and reduce the “virtual monopolies” of large pharmaceutical companies over access to life-saving and life-changing medicine. She added that Akbayan Party, which she chairs, continues to spearhead the movement especially during the pandemic in which the dire need for affordability has been even more defined.

“The COVID-19 vaccine should not be treated as a product to be sold to the highest bidder. Billions of lives are at stake here,” she said. “Only universal access to COVID-19 vaccine will save the global community from illness and economic paralysis. Only a global solution will allow us to collectively come out of the darkness.”

“Every country wants to rise from this pandemic. Waiving IP-based restrictions and increasing global collaboration for the development of a COVID-19 vaccine will allow us to come closer as a global community and fight this disease with the shared belief that every life, no matter where, is worth protecting,” she concluded.