Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Zayn Malik Drops Die For Me Music Video
    Videos

    Zayn Malik Releases Die For Me Music Video Ahead of New Album

    February 6, 2026 3 Min Read
    Masters of the Universe teaser
    Videos

    Masters of the Universe Teaser Reveals Nicholas Galitzine as He-Man

    January 22, 2026 3 Min Read
    Bridgerton Season 4 trailer
    EntertainmentVideos

    Bridgerton Season 4 Trailer Reveals Benedict’s Love Story

    December 26, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Pharmaceutical companies ignore prime minster and increase prices
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews Pakistan > Pakistan > Pharmaceutical companies ignore prime minster and increase prices
Pakistan

Pharmaceutical companies ignore prime minster and increase prices

Web Desk
By Web Desk Published March 29, 2014 2 Min Read
Share
SHARE

Despite strict instructions from Prime Minister Nawaz Sharif, pharmaceutical companies in the country have increased the prices of  life-saving drugs on their own. The average increase in the prices is around 30 per cent but there are drugs whose prices have gone up manifold.

On November 28, 2013, the Drug Regulatory Authority of Pakistan (DRAP)  issued a notification increasing the prices of medicines (except life-saving drugs) by 15 per cent. The very next day, however, Prime Minister Nawaz Sharif took notice of the matter and on his direction DRAP withdrew the notification on November 29. However, 16 companies approached the Sindh High Court and obtained a stay order against the withdrawal of the notification.

An officer of the Ministry of National Health Services stated that the companies had increased the prices manifold. However, he added, DRAP failed to ensure the sale of medicines on the officially-fixed rates.

“Although according to the Ministry the prices were not increased since 2001 (except for a few cases in which permission was granted by the government), the fact is that the prices have gone up by 30 per cent in the last five months,” he said.

“As per a market survey, the price of a packet of Memomax 1.5mg capsule has been increased from Rs142 to Rs2205, Serenace ampoule 5mg/ml, which was available for Rs23, is now selling at Rs191,” he said.

When contacted, Director Pricing DRAP Amanullah said after the withdrawal of the notification about the prices some companies approached the Sindh High Court and obtained a stay order due to which it was not possible to force them to reduce the prices.

“DRAP has already raised the issue of 16 companies in the Supreme Court and the next hearing of the matter will be held in April. We have been trying to ensure that not a single company increased the prices,” he said.

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

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

Advertisement

Recent Posts

Petroleum Price Decrease in Pakistan

Pakistan Petroleum Prices May Rise Further, Finance Minister Warns

IHC Imran Khan health case

IHC Orders Medical Board For Imran Khan, Rejects Private Hospital Transfer

Meta acquires Moltbook AI network

Meta Acquires Moltbook AI Network In Push Toward Agentic AI

Post Archives

More Popular from Photonews

DOJ releases new Epstein FBI documents
Top NewsWorld

DOJ Releases New Epstein FBI Documents as Democrats Probe Handling of Files

2 Min Read
Sindh cabinet meeting fuel shortage
Sindh

Sindh Considers Limiting Petrol Supply Amid Fuel Shortage Fears

2 Min Read
Annie Agar Swimsuit Photo
Entertainment

Annie Agar Swimsuit Photo Goes Viral After Chicago Bears Joke on X

2 Min Read
Entertainment

Rihanna Beverly Hills Home Shooting: Woman Arrested After Firing at Property

A Rihanna Beverly Hills home shooting was reported Sunday afternoon after police said a woman drove…

March 9, 2026
Entertainment

Britney Spears DUI Arrest Details: Police Report Erratic Driving Call, Court Date Set

New reporting has surfaced on the Britney Spears DUI arrest details following her detention in California,…

March 7, 2026
Sports

Iran World Cup 2026 Withdrawal Claim Grows After Minister’s Statement

Iran's withdrawal from the 2026 World Cup has become a major talking point after Iran’s sports…

March 11, 2026
Top NewsWorld

Musaffah 2 Tugboat Sinks in Strait of Hormuz, Three Indonesians Missing

The Musaffah 2 tugboat sank in the Strait of Hormuz on Friday, leaving three Indonesian crew…

March 8, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog
  • About Us
  • Privacy Policy
  • Code of Ethics & Editorial Standards

© 2026 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?