Connect with us

Hi, what are you looking for?

News

Medical products to be brought into line with global quality standards

PHILIPPINE STAR/ MICHAEL VARCAS

THE Department of Trade and Industry (DTI) said it is seeking to upgrade quality standards in personal protective equipment (PPE), medical devices, and sanitation products.

The DTI said the Global Quality and Standards Program (GQSP) project, which was launched on Oct. 14, will seek to certify that such products comply with global standards.

The project was launched by the DTI, the United Nations Industrial Development Organization (UNIDO) and Switzerland’s State Secretariat for Economic Affairs.

“Through the Statement of Commitment signed together with Swiss Ambassador to the Philippines Alain Gaschen and UNIDO Country Representative Teddy Monroy, (the) GQSP Project will ensure production of adequate, accessible, fit-for-purpose and safe PPE, medical devices, and sanitation products for the general population and healthcare workers,” the DTI said in a statement on Monday.

Trade Undersecretary Rafaelita M. Aldaba said the GQSP will help the Philippines build “a robust PPE and medical devices ecosystem” as “an investment in our country’s resilience against future disruptions and shocks to our healthcare system.”

“At the same time, this will lead to the creation of more and better jobs, especially in the manufacturing sector, which will support the country’s economic recovery efforts as we enter the post-pandemic future,” she added.

The GQSP project seeks to improve compliance with international market requirements and help countries expand their global trade.

“Our vision is to develop strong industrial capabilities in the biotechnology sector, pharmaceuticals, PPEs, medical devices, including digital health products and services,” Ms. Aldaba said.

Separately, Trade Secretary Alfredo E. Pascual said during the opening of the 2022 Swiss Innovation Exhibit in Taguig City on Monday that the Philippines is pursuing Swiss investments in the medical sector.

“Swiss pharmaceutical and medical companies might be interested to know that we aim to make the Philippines self-sufficient in medical devices, as well as digital health products and services such as personal health wellness technology products, therapeutic systems addressing chronic diseases, telemedicine solutions, and AI-assisted diagnoses,” Mr. Pascual said.

The DTI estimates trade between Philippines and Switzerland at €730 million in 2021, up over 10%. — Revin Mikhael D. Ochave 

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

News

BW FILE PHOTO THE PESO continued to strengthen against the dollar on Thursday following remarks from the US Federal Reserve chief that cemented market...

News

BW FILE PHOTO SHARES closed lower on Thursday on profit taking amid hints of slower rate hikes from the US Federal Reserve and inflation...

News

DA.GOV.PH THE government wants to keep its low-cost Kadiwa food outlets in operation until February or March, when it expects food inflation to ease,...

News

NGCP.PH THE National Grid Corp. of the Philippines (NGCP) issued a yellow alert over the Luzon grid on Thursday after five power plants experienced...

News

PHILIPPINE STAR/ MIGUEL DE GUZMAN SETBACKS to the education system will require remedies which are expected to cost P25 billion a year, just to...

News

By Luisa Maria Jacinta C. Jocson, Reporter THE Philippines placed 19th out of 120 countries in the Open Budget survey, which gauges the transparency...

You May Also Like

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.