MANILA, Philippines – The owner of one of the companies raided by the National Bureau of Investigation (NBI) for allegedly selling fake prescription medicines has denied the allegation.
Muhammad Ateeque, owner of Sahar International Trading, showed to ABS-CBN News on Sunday his company’s licenses and certificates to operate and import medicines from Pakistan, India, China, and other countries.
Ateeque said that they have an ongoing case with a pharmaceutical firm on the distribution of a drug for lowering of cholesterol.
He thinks the dispute could be the reason why their company was raided.
He said that compared to other big drug companies, Sahar’s medicines are cheaper.
For example, their drug for lowering cholesterol only sells for P1 compared to big companies that sell their products for P60 per tablet.
“Medicines are cheap in Pakistan and India. We aim for every Filipino to afford to buy medicines,” Ateeque said.
He is asking the NBI why it had no representative from the Food and Drug Administration with them during the raid.
