Manila, July 15 -- Sen. Francis "Chiz" Escudero has filed a bill seeking to restructure the country's product regulatory system by transferring some functions of the Food and Drug Administration (FDA) to agencies with mandates more closely aligned to the products they oversee.

Senate Bill No. 2310, or the proposed Product Regulatory System Reform Act, seeks to adopt a science-based and risk-informed regulatory framework by redistributing oversight responsibilities among government agencies according to product type and risk profile.

"Product regulation efficiency is critical for promoting public health and safety, and for protecting consumers from trade malpractices and from substandard or hazardous products," Escudero said in a news r...