DRAP Increases Prices of 253 Medicines by up to 22 to 35% – RS News

DRAP Increases Prices of 253 Medicines by up to 22 to 35%

Medicines

On Monday, The Drug Regulatory Authority (DRAP) increased the prices of 253 medicines up to 22 to 35 percent.

The notification in this regard has been issued by the regulatory body, said the reports. This is the second increase in the prices of medicines in a month.

Noor Mohammad Mahar President of Pakistan Drug Lawyers Forum (PDLF) has demanded of the federal government to take back the recent hike in the prices of medicines.

Also read: iPhone 12 Buyers In France Get Free Earpods

He stated that the notification which was issued on October 5 has been made public today.

On September 24, Dr. Faisal Sultan Special Assistant to Prime Minister (SAPM) on Health said that the recent hike in prices of 94 essential life-saving drugs by the Drug Regulatory Authority of Pakistan (DRAP) was inevitable to ensure availability of the medicines.

As per Dr. Faisal Sultan, a reasonable increase was made in the prices of 94 essential drugs by the DRAP.  Pharmaceutical companies usually stop production of some medicines if prices are not increasing, he said, adding a halt in production by the pharmaceutical companies creates a shortage of drugs across the country.

More read: PTA decides to unblock TikTok in Pakistan

Leave a Reply

Your email address will not be published. Required fields are marked *