The government is considering scaling up the incentives and subsidies for the research and development on innovative medical equipment, vaccines, and health capacity enhancement under its recovery plan.
The government’s support for health-related research and development initiative is among the priority programs listed in the “We Recover as One” Report, President Duterte said in his ninth weekly report to Congress.
“The highlights of the We Recover as One Report include priority programs to intensify to combat COVID-19 through R&D,” the President said in his report released last Monday. Another priority program, Duterte said, is to implement a comprehensive bioprospecting and biotechnology program to develop novel compounds and derivatives for pharmaceutical purposes.
Under the recovery plan, the government also intends to support R&D on the assessment of existing technologies or processes on waste storage and treatment to manage new viruses as well as early detection and rapid response to manage new viruses and other organisms, and its relationship to the environment.
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