5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

FDA seizes P56.8-M fake medicines

by
January 27, 2026
in Stock
0
FDA seizes P56.8-M fake medicines

FDA seizes P56.8-M fake medicines – BusinessWorld Online


      
      
      
      
      








WENGANG ZHAI-DI-UNSPLASH.JPG

ABOUT P56.8 million worth of unregistered and counterfeit medicines were confiscated in the last eight months, the Food and Drug Administration (FDA) said amid doubts over the agency’s ability to enforce its mandate.

“In the last eight months, the FDA has seized a total of P56.89 million worth of violative and counterfeit health products,” FDA Director General Paolo S. Teston told a Senate hearing, covering a period from June to December.

Mr. Teston said that from November 2025 to January 2026, the agency had monitored 3,307 online listings for unregistered and counterfeit products and taken down 1,531 online listings.

“Operations jointly with law enforcement agencies confidentially are still ongoing as we speak,” he added.

However, Senator Rafael T. Tulfo called out the agency for its alleged failure to address the proliferation of counterfeit and unregistered health products in social media.

“FDA, if we are serious about consumer protection, content creators who promote unregistered products should be held accountable,” he said.

Mr. Tulfo added that his team was able to purchase unsafe and unregistered health products in establishments inspected by the FDA last Oct. 17.

“The FDA is not perfect but the FDA and its people are working over and above of its limits. We are enforcing the law with the resource entrusted to us,” Mr. Teston said in his response. — Adrian H. Halili

CEDTyClea

RELATED ARTICLESMORE FROM AUTHOR




MORE STORIES


Previous Post

DPWH orders widening of Mananga River

Next Post

DoJ to file tax evasion cases vs Discaya couple

Next Post
DoJ to file tax evasion cases vs Discaya couple

DoJ to file tax evasion cases vs Discaya couple

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    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!

    Recommended

    [B-SIDE Podcast] How Filipino Generations Define Success in the Workplace

    [B-SIDE Podcast] How Filipino Generations Define Success in the Workplace

    January 28, 2026
    Phishing threat accelerates in PH as risky URLs surge nearly fourfold in 2025 — Whoscall PH Scam Report

    Phishing threat accelerates in PH as risky URLs surge nearly fourfold in 2025 — Whoscall PH Scam Report

    January 28, 2026
    A fresh start with bathroom revamp essentials

    A fresh start with bathroom revamp essentials

    January 28, 2026
    Manila Water secures up to P27-B BDO loan facility for Wawa project

    Manila Water secures up to P27-B BDO loan facility for Wawa project

    January 28, 2026

    Disclaimer: 5GInvestmentNews.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.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.