PALO, Leyte - The first in the country memorandum of agreement (MOA) on private-public partnership (PPP) on health for pharmacy was signed between the drug company and the local government unit, during the governors' forum sponsored by Philhealth, conducted at the Oriental Hotel, here, yesterday.
The memorandum of agreement was signed between the province of Northern Samar represented by Governor Paul Daza and Planet Drugstore, Incorporated, based in Metro Manila, represented by its president Erwin Zshornack.
In an interview with reporters, Governor Daza, said that the MOA was based on the PPP code which was adopted and passed by his province.
Governor Daza cited several advantages saying that the partnership between the drug company and his LGU will solve the shortage of medicines in the hospitals of his province with prices according to the prevailing market prices or even lower. He added that it will also solve the problem of his province on medicine procurement and wastage due to expiry and pilferage.
Daza said that the pharmacy which will start its operations on November 18, 2012, will also be opened to the public. The pharmacy will just pay the rentals for occupied space in the hospital owned and operated by the province and at the same time his LGU is entitled to 5.5 percent of the gross sales of the medicines.
The governor disclosed that the pharmacy will hire its own employees, operate and manage the pharmacy and will be opened 24 hours a day seven days a week. (Restituto A. Cayubit)