The Russian ambassador to the Philippines said the planned cooperation for the potential establishment of a vaccine manufacturing project in the country should proceed as envisioned despite its being preoccupied with the war in Ukraine.
(UNSPLASH / MANILA BULLETIN) In an interview at the Kamunin
Published February 22, 2021, 4:07 PM
The Department of Trade and Industry through the Board of Investments (BOI) is exploring a P7-billion investment lead purportedly for a vaccine production project in the Philippines between a local pharma distributor company and LG, a leading Korean chaebol engaged largely in the electronics industry.
Rowel S. Barba, director-general of the Intellectual Property Office of the Philippines (IPOPHL), said the discussion is still very preliminary and “BOI will pursue the lead in the coming days.” As head of the government’s intellectual property (IP) protection agency, Barba should be present for IP issue about the project.