Tuesday, January 18, 2022  | 14 Jamadilakhir, 1443
Samaa TV
Facebook Twitter Youtube
HOME > Health

Pakistan isn’t increasing the prices of life-saving medicines

Companies won't raise prices for three months because of pandemic

SAMAA | - Posted: Aug 22, 2020 | Last Updated: 1 year ago
Posted: Aug 22, 2020 | Last Updated: 1 year ago

Photo: AFP

There will be no increase in the prices of lifesaving medicines for three months in Pakistan, according to a spokesperson for the Ministry of Health.

Under the Drug Pricing Policy 2018, companies are allowed to raise prices by seven to 10% every year.

DRAP and pharmaceutical companies have agreed to delay the increase in medicine prices because of the coronavirus pandemic. This has been done to provide relief to people, the health ministry said.

Pharmaceutical companies have also decided to not increase the prices of non-essential drugs.

There was a shortage of medicines used to treat coronavirus in Pakistan in June. Under the directives of former SAPM Health Dr Zafar Mirza immediate action had been taken over reports of short supply of Tocilizumab and Remedesivir.

FaceBook WhatsApp

Tell us what you think:

Your email address will not be published.

FaceBook WhatsApp

increase in prices lifesaving medicines Pakistan, lifesaving medicines, medicine price increase, drug pricing policy Pakistan

Ahmadi leader faces sexual assault charges, this time in US
Video: Zahir Jaffer carried to court by police officers
Shahid Khaqan admits to visa problems for Nawaz Sharif
What was a woman doing in PIA cockpit, asks PTI MNA
Two dead in Karachi hospital fire
‘Army will ask to roll back COAS extension law’
Sharae Faisal faces partial closure amid JI rally
About Us   |   Anchor Profiles   |   Online Advertising   |   Contact Us   |   Feedback   |   Apps   |   FAQs   |   Authors   |   Comment Policy
Facebook   |   Twitter   |   Instagram   |   YouTube   |   WhatsApp