Monday, January 20, 2020
DTI ASSURES PUBLIC OF N95 MASKS SUPPLY WITH MEDTECS: DONATION OF 2,000 N95 AND 100,000 N88 MASKS TO BE GIVEN TO AFFECTED AREAS
MAKATI – Department of Trade and Industry (DTI) Secretary and Board of Investments (BOI) Chairman Ramon Lopez assured the public that there will be a constant supply of N95 face masks and N88 surgical masks in the market with the help of the sole local manufacturer of medical masks, Medtecs International Corporation Limited.
“The public should not worry as DTI is working to ensure the supply of reasonably-priced N95 face masks will be made available to the public to protect them from the ashfall generated by the Taal Volcano eruption,” said Trade Secretary Lopez.
Sec. Lopez and DTI Undersecretary and BOI Managing Head Ceferino S. Rodolfo met with Medtecs after the company gave 2,000 pieces of FFP2-N95 face masks and 100,000 pieces of N88 surgical face masks for donation to affected areas in Region IV-A through the DTI regional offices.
Medtecs confirmed they will be supplied with 400,000 more pieces of FFP2-N95 face masks from their mother company abroad by next week. They also have two million pieces of N88 surgical masks available and ready for disposal, which are being produced from their plant in Bataan.
Sec. Lopez thanked Medtecs—a healthcare product and services provider that sells a wide range of medical products in the US, Europe, and the Asia Pacific region, and is the sole manufacturer of medical face masks in the Philippines—for helping during the crisis. Medtecs has already donated a total of 12,000 FFP2-N95 face masks and 500,000 N88 surgical masks for those affected by the volcano eruption.
“While we are conducting price monitoring operations to certify that there is no overpricing of medical face masks, we are safeguarding the production of critical products needed to address the calamity through a program of incentives in the 2020 Investments Priorities Plan as well,” Sec. Lopez added.
Medtecs Chief Financial Officer and Director Wilfrido C. Rodriguez gave their commitment to supply the needed medical masks in the wake of the recent Taal Volcano eruption and said they can produce bulk orders. They also said they have not increased their prices with the FFP2-N95 face masks still available for purchase at the Suggested Retail Price (SRP) of Php60 via their hotline number (632) 8817-9000.