Foreign pharma firms urged to set up factories

KEY stakeholders in the Philippine pharmaceutical industry are keen on inviting their foreign counterparts from Japan, Taiwan and Cuba to establish their manufacturing facilities here as the country expands its science and technology base.

Lawyer Jose Maria Ochave, senior vice president of Unilab Inc. for business development, said they seek to improve government-to-government (G2G) engagement with countries which have a higher likelihood of forging technology transfer relationships.