Doctor-owned pharma hit for ‘unethical practices’

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Jinggoy Estrada News

A group of doctors who own a pharmaceutical company has been giving rebates of up to P2 million, luxury cars, travel and other perks to doctors who prescribe the firm’s medicines, Sen. Jinggoy Estrada disclosed yesterday.

MANILA, Philippines —

Certain doctors have reportedly become “entangled in the web of a pharmaceutical company that shamelessly peddles its products through a deplorable multi-level marketing scheme,” Estrada said. “To become a Jedi, they have to prescribe Bell-Kenz drugs, even supplements sold by the company, whether the patient needs them or not. Their ‘entry’ investment level is around P250,000 to P500,000,” he added.

Bell-Kenz Pharma also has “second investors” called “Padawans,” also a Star Wars reference. They are entitled to receive dividends and rebates and earn milestone points. The arrest of Kingdom of Jesus Christ founder Pastor Apollo Quiboloy is now in the hands of the Philippine National Police...

 

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