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FDA expands list of VAT-exempt medicines
PTVPhilippines
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11/25/2024
FDA expands list of VAT-exempt medicines
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Transcript
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00:00
The Food and Drug Administration, or FDA, has added more medicines to value-added tax
00:05
or VAT-exempt list.
00:07
Included are medicines for cancer, namely Degrelix and Tremelimabab, while medicines
00:13
for diabetes, namely Cetaglipin and Linaglipin, are also on the list.
00:18
Medicines for mental illness, Clomirapine and hydrochloride, chlorpromazine and midazolam
00:26
are also VAT-exempt.
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