Fifty companies from 15 European Union (EU) member states will come to the Philippines on September 2 to 4 to bring innovative technologies in the country under the EU Business Avenues in Southeast Asia program.
The business mission will showcase solutions such as Medical Waste Management, Laboratory Equipment, Aesthetic/Cosmetic Equipment, Dental Products and Supplies, Pharmaceutical Supplies and Disposables, IT Solutions, Telemedicine and Remote Health Monitoring, Assistive Technologies, Pain/Rehabilitation Equipment, Imaging and Non-imaging Diagnostic and other technologies.
“The Philippines healthcare sector is experiencing exciting developments. The government is focused on improving the delivery of public healthcare to its citizens, evident in the increase in the health budget, the remarkable membership coverage under the National Health Insurance Program (PhilHealth) and the progress in key legislations for social services including health, EU Ambassador Franz Jessen said in a statement on Monday.
“The EU remains committed in supporting the Philippines in its healthcare agenda through various programs, trade and investment,” the ambassador added.
In 2017, total grants to support health sector reforms amounted to about €118 million while total trade in healthcare-related goods reached more than €1.1 billion, the EU noted.
Ambassador Jessen also said that local counterparts can take this opportunity to learn more about the innovative technologies from Europe and discuss possibilities for collaboration.
This program helps EU companies to understand the Philippines’ healthcare and medical technologies market and provides a platform to establish partnerships with Filipinos through coaching, business matching and business support services, the EU said. /ee