The Drug Regulatory Authority of Pakistan (DRAP) is in the process of finalising a drug pricing policy which is expected to be presented to Economic Coordination Committee shortly.
The proposed policy would be called “The Drug Pricing Policy Order 2014”, which would be applicable to the allopathic drugs and separate rules shall be framed for alternative medicine, OTC and health products, medical devices, veterinary biological and other categories of the therapeutic products, sources said.
The local pharmaceutical industry hopes that the policy would be transparent and would benefit both the industry and the public.
