Want to do business with a social function? Why not set up a Botika ng Bayan? You profit from the sale of an essential product (pharmaceutical drugs) and you help the community because you are selling them at a price lower than other drugstores since your source is the government (via the latter’s trading company, the Philippine International Trading Corporation (PITC).
Eligible applicants for the Botika ng Bayan Program can be a sole proprietorship, partnership or corporation, even an employee’s association or a cooperative. Pre-qualification requirements are:
1) Valid and current registration, with the Cooperative Development Authority (CDA), SEC, DOLE, or any organization authorized and certified by a duly recognized agency;
2) Minimum revolving capital of P500,000.00 for the project, as evidenced by a certification issued by an authorized Bank
3) Valid government licenses, business permits, etc.
4) Proposed location plan or vicinity map with a floor plan of not less than 15 sq.m.
5) Capability to comply with the documentation, technical and other requirements of the Bureau of Food and Drugs (BFAD) in the filing of the application for a License to Operate (LTO) as Drugstore, including the availability of the services of a licensed Pharmacist.
You may download the forms and list of all documentary requirements from http://www.pitc.gov.ph/forms.html or obtain them from their office at National Development Company Bldg., 116 Tordesillas Street, Salcedo Village, Makati City.
Upon favorable evaluation by the PITC then the BFAD, you will sign an MOA with PITC and a surety bond for P500,000.00 is required to ensure faithful compliance of the terms and conditions of the MOA.
Basic Terms and Conditions include:
1) Outlets shall retail only PITC-authorized pharmaceutical and non-pharmaceutical products supplied by and sourced exclusively from PITC. The sale or retail of other products not supplied by or sourced from PITC shall be prohibited and, unless done with PITC’s prior written consent, shall entitle PITC to cancel its accreditation of the outlet,
2) All products supplied by PITC shall be sold at not higher than Maximum Retail Prices (MRP). Violation of this condition shall entitle PITC to revoke its accreditation of the outlet.
3) Deliveries made by PITC or its designated distributor shall be paid in full by the outlet through a 30-day post-dated check issued upon delivery. Late payments shall be subject to 2% interest per month. Failure to remit payments for previous deliveries shall entitle PITC to withhold processing of subsequent or follow up orders.
Any return or exchange of products delivered by PITC shall be allowed only within 7 working dates from delivery.
Returns shall be accepted only when one of the following conditions is present:
a) Defective or tampered packaging by which the outlet will be unable to retail the product to consumers;
b) PITC’s inability to provide the required Certificates of Product Registration (CPR) or Reports of Analysis for all medicines and batches or lots delivered; or
c) Remaining shelf or usable life of the products is less than 6 months.
Accreditation of an outlet shall be valid for 3 years, subject to further renewals, unless revoked or cancelled by PITC due to any violation of the rules or terms and conditions of the program or the MOA, non-payment of obligations, or unless earlier surrendered by the outlet prior to the expiration of the term.
The outlet’s standard obligations include:
1) Provide initial capitalization for the construction of the outlet and inventory of medicines to be sold;
2) Shoulder the overhead, manpower, legal and other expenses required to operate;
3) Purchase the standard program signage and other collaterals from PITC for use in the drug outlet; and
4) When requested, and subject to further negotiation, share in the expenses for marketing and advertising support for the program.
On the other hand, PITC’s standard obligations include:
1) Supply all drugs and medicines, and other consumer products, which shall be sold in the outlet;
2) Arrange to provide training support to the supervising Pharmacist and other personnel in the outlet;
3) Provide marketing, advertising and promotions support for the Program;
4) Arrange to make the standard signages, collaterals and product lists available for use in the outlet; and
5) Provide the outlet with copies of CPR, as well as BFAD Reports of Analysis for all batches delivered.
There are limitless reasons to criticize the government for what’s happened to our country and our people. We should find ways to improve ourselves and avoid leaving each other’s welfare in the hands of avaricious, selfish and incompetent leaders. Setting up a Botika ng Bayan could be an ideal start.
The following are interesting reads:
Botika ng Barangay not in poorest places
Botika ng Barangay drug prices can still be lower