Medicine prices set to skyrocket as DRAP grants pharma companies power to Price 50% of drugs
- 08-Nov-2025
KARACHI: Medicine prices, already soaring in Pakistan, are likely to increase further after the Drug Regulatory Authority of Pakistan (DRAP) authorized pharmaceutical companies to determine the prices of 50 percent of medicines, ARY News reported. The Chief Executive Officer (CEO) of DRAP, Dr. Ubaid Ullah, confirmed that following the deregulation, the authority to set the […]
Medicine prices to skyrocket in Pakistan for This reason
- 21-May-2024
ISLAMABAD: The prices of medicines are expected to rise exponentially in Pakistan after the imposition of an sales tax up to 18 per cent, ARY News reported on Tuesday. According to the Ministry of National Health Services, Regulations and Coordination (NHS, R&C) official, the government has proposed an 18 percent sales tax on medicines in […]
DRAP fixes maximum price of 38 medicines
- 25-Feb-2023
Karachi: The Drug Regulatory Authority of Pakistan (DRAP) has fixed the maximum prices of 38 medicines, ARY News reported on Saturday. As per details, the Economic Coordination Committee (ECC) reset the prices of 38 medicines on February 10. The health ministry has sent the summary to fix the medicines’ prices. Sources said that the 38 […]
Federal cabinet quashes summary on price hike of medicines
- 13-Sep-2022
ISLAMABAD: The federal cabinet has rejected the summary of the Health Ministry, seeking an increase in the retail price of 10 medicines, ARY News reported on Tuesday. Chairing the meeting at PM Office in Islamabad, Prime Minister Shehbaz Sharif categorically stated that he did not support the price hike with regard to medicine. The […]
‘Govt to take more steps after reducing prices of medicines’
- 08-Jan-2020
Dr Zafar Mirza hinted that more steps are likely to be taken by the government after giving relief to the nationals through reducing prices of 89 medicines.
Govt to restore old prices of medicines, vows Zafar Mirza
- 16-May-2019
The special assistant said, “Now, the medicines will arrive with new rates in the market.
Online facility to be introduced to verify medicine prices: minister
- 03-Apr-2019
In the wake of illegal hike in medicine prices, Minister for National Health Services (NHS) Aamer Mehmood Kiani here on Wednesday said that they had decided to introduce an online facility through which people would be able to verify the prices of medicines.
Govt decides to take action against illegal hike in medicines’ prices
- 02-Apr-2019
The federal government has decided to launch a countrywide crackdown against the illegal hike in medicines prices.